Prince's Teal Blue Cloud Guitar Fetches $700K At Auction

MINNEAPOLIS (AP) -- A California auction house says a guitar that Prince used in the late 1980s and into the 1990s has been sold for $700,000. That's the highest amount paid for one of the late rock star's guitars.

Julien's Live auction house, based in Los Angeles, anticipated the teal blue Cloud guitar would be sold for $60,000 to $80,000. Prince donated the guitar in 1994 to benefit Los Angeles earthquake relief.

The guitar was auctioned Saturday. The buyer was not identified.

The guitar has a letter of authenticity from Cloud guitar maker Andy Beech, who made 31 guitars for Prince.

The iconic musician died in April 2016 from an accidental drug overdose at his Paisley Park complex.

© Copyright 2017 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.