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Auction house says $700k sale for Prince's guitar a record

Julien's Auctions says the $700,000 a buyer paid for a Prince guitar is a record. The blue Cloud' guitar was expected to sell in the $60,000 to $80,000 range. The Saturday auction saw other items by rock legends purchased, including a Michael Jackson "Beat It" jacket that sold for over $100,000, and David Bowie's handwritten lyrics to "Starman" sold for $81,000.
By The News · 05 of November 2017 16:39:34
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LOS ANGELES (AP) — A bidding war resulted in a $700,000 price tag for a Prince guitar — the highest price ever paid for one of the late icon’s guitars, according to Julien’s Auctions.

The blue teal “Cloud” guitar went far above the $60,000 to $80,000 expected at the Saturday auction. The guitar was one of several items up for sale by rock legends.

A Michael Jackson black and white rhinestone glove sold for $102,000 while a red snakeskin jacket in the mold of the one he wore in his “Beat It” video sold for $118,000. A MTV Video Music Award Moonman won by Kurt Cobain went for $62,500; a Nehru shirt worn by Jimmy Hendrix sold for $106,000, and handwritten lyrics to David Bowie’s “Starman” was sold for $81,000.