Mark Knopfler’s Guitar Heroes & Mark Knopfler – Going Home (Theme From Local Hero)

Mark Knopfler used the Gibson L5 CES guitar on The Notting Hillbillies album "Missing... Presumed Having a Good Time" (1990). The Newcastle Chronicle provided photographic evidence of Knopfler playing this guitar during an impromptu early Notting Hillbillies performance at Le Papillon Restaurant in Corbridge on February 12, 1988, as documented in the source "Mark Knopfler and his guitars."

Acquired in 1998, Mark Knopfler kept this guitar in his study for home use. Knopfler: "I loved the Everlys so much, you know, that I always wanted to have an Everlys Gibson." The song Why worry, recorded by Dire Straits for their 1985 album Brothers in arms, was reportedly originally written by Knopfler with the Everly Brothers in mind. The brothers recorded their own version of Why worry the following year for their 1986 album Born yesterday. Knopfler was thrilled to perform the song with Don and Phil Everly themselves when Chet Atkins invited all three to take part in the Cinemax television special Chet Atkins and Friends at Vanderbilt University in Nashville on 1st May 1987.

Burton mentions a pink paisley Telecaster in this 2014 Guitar Player article.

Have you ever heard a guitar that sounded any better? [Laughs.] The story behind that guitar is Fender called me and said, “James you must come down here because we have a guitar with your name on it.” I asked if they could just send it to me, but they insisted that I come to the factory. So I went there, and when I opened up the case and that pink paisley Tele jumped out I said, “Oh no, that’s not for me, man!”

Burton earlier mentioned his acquisition of a 1952 Telecaster in this 2000 Mix Online article about Merle Haggard's "Mama Tried".

Mother and dad bought me a '52 Tele, and I got into playing slide and steel guitar early on. I experimented with using banjo strings on the guitar to get a lighter sound and an unwound third string to get a twangier, funkier sound. I was able to create a whole different sound and technique, using the fingers and finger-picks to create banjo-like rolls on both the guitar and dobro. I used this technique on ‘Mama Tried.’