Update: 1977 Prince photo sells for $32,000 at auction

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An iconic photograph of Prince will be up for auction Friday night at the Minneapolis College of Art and Design's fourth annual art auction.

The photo was taken in 1977 – before the musician made it big – by Robert Whitman.

According to Billboard, Prince's first manager had asked Whitman to shoot some photos of Prince so that he could send them to record labels. So Whitman did.

Over the years, Whitman's photos from that very first shoot gained a lot of attention. And recently, an auction member asked if he'd be willing to donate one to MCAD's auction, the Star Tribune reports.

The 40 by 60 inch photo has already sparked an online bidding war. Paddle 8, where the item is listed, says it's up to $16,500 on 23 bids.

That's the price bidding will start at Friday night in MCAD's live auction.

The auction starts at 8 p.m. in the college's gallery. There will be 58 other pieces up for bid as well.

Tickets cost $150 and are available at the door. Money raised goes to support student scholarships.

If a photo of Prince isn't your thing, maybe his yellow guitar is. Next month, his yellow cloud electric guitar will be auctioned off through Heritage Auctions in Beverly Hills. Bidding for that will start at $30,000.

Update: Prince photo sells for $32,000

The photo of Prince sold for $32,000, the Star Tribune reported.

It had a starting bid of $4,000.

https://www.facebook.com/artsale/photos/a.344239280413.346320.332856750413/10156882910515414/?type=3&theater

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