Eddie Van Halen’s legacy continues with a huge auction sell. Three guitars played by Eddie Van Halen just sold at auction for a combined $422,000! The most expensive of the guitars was the Kramer electric guitar designed by Van Halen. It went for $231,250. Another scaled back black and red stripe guitar featured in the “Hot for Teacher” video went for $50,000. Meanwhile, a black and white guitar with what could be a cigarette burn on it sold for $140,800.