Lou Reed's Facebook page has released an announcement flogging the late artist's equipment on Ebay. Proceeds from the sales will go towards the development of a Lou Reed Archive, which will house most of the singer's gear.

All of the pieces up for auction were used by Reed and his band during his tours. You can see what is on offer here. You can also sign up here for updates on what will go on auction.

Listen to Reed's 'Perfect Day' below.