The BC Rich Mockingbird bass that MEGADETH's David Ellefson used on the Peace Sells... But Who's Buying? album, video and tour, has been donated for display at the Rock And Roll Hall Of Fame in Cleveland, OH. Current owner of the bass, Cory N., has issued the following statement:

"This is a monumental piece of music history and absolutely deserves to be on display and admired. The display opened in January and the museum will have it for the next 5 years, possibly longer. And yes, David knows about this and is very happy."

Ellefson recently checked in from Vic's Garage in San Marcos, CA - the band's personal studios - where he's been working on bass overdubs for the band's new album. Watch below as he takes us through some of the Jackson bass guitars he's been using in the studio:

Megadeth are currently recording their 13th album with Johnny K, who has worked with the likes of DISTURBED, 3 DOORS DOWN and FINGER ELEVEN. The album is expected to surface in the fall via Roadrunner Records.

When asked about the new material, Megadeth mainman Dave Mustaine told BraveWords.com: "I’ve never set out to do a record and wanted it to be like, ‘it needs to be fast’ or ‘it needs to be faster than the last record’ or ‘it can’t be fast. It needs to be slow and heavy’ or ‘you’ve never done a concept record – what the hell is wrong with you? Why not do that?’ For me, music is music. It’s like when you put seeds into the ground. You never really know what’s going to break the surface. I still love the serendipity of making a song and not knowing what’s going to happen. You know Shawn Drover, a fellow countryman of yours and amazing drummer who is mind-blowingly good, just left today. We just finished the last track.”

Read the entire interview here.

A snippet of the new Megadeth song, 'Never Dead', is featured in the trailer below for the new NeverDead fantasy action game: