The 1974 000-28 Martin guitar which Eric Clapton used to compose his song "Wonderful Tonight" could fetch $500,000 at a Bonhams auction on June 12. × Robb Report ...

The acoustic guitar that auctioneers say Eric Clapton used to compose his hit ballad "Wonderful Tonight" is going under the hammer next month with a guide price of up to $500,000. Sign up here.