Taylor Swift's new album, 'Red' is in stores October 22nd, and to celebrate, Taylor and Big Machine Records have given us a sweet autographed guitar and you could own it with the highest bid for St. Jude Children's Research Hospital.

This guitar is a Squier by Fender Bullet Strat with Tremolo, Fiesta Red.  It's autographed by Taylor Swift to commemorate her album 'Red' which features the hit single, 'We Are Never Ever Getting Back Together' and her new song, 'Begin Again.'

Make your bid below and the high bid will be updated daily.  Auction ends October 29th at Noon Central Time.

HIGH BID: $675.00 (Updated 10/29 8:00am)

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