Prince

Prince's teal blue Cloud guitar auctioned for $700K

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 Star Tribune reports the guitar has a letter of authenticity from Cloud guitar maker Andy Beech, who made 31 guitars for Prince.

The musician died in April 2016 from an accidental drug overdose at...

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