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Prince’s iconic Yellow Cloud guitar auctioned off for $225,000
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Prince‘s custom-made Yellow Cloud guitar has been auctioned off for a huge $225,000 (£167,000).

A memorabilia auction took place at New York City’s Hard Rock Cafe yesterday (May 18), with fans of His Royal Badness bidding on an impressive collection of his belongings.

Rolling Stone report that a ceramic Mardi Gras-style doll from the ‘Purple Rain’ video shoot prompted a bidding war. Expected to go for between $2,000 (£1,485) and $4,000 (£2,970), the prop was sold at $12,500 (£9,281).

Also included in the 158 items up for grabs was a raspberry beret with a love-symbol badge – which went for $1,750 (£1,300) – and Prince’s items from Prince’s MTV Music Video Awards 1999 wardrobe.

The audience reportedly got particularly excited when an outfit worn by The Purple One in the film Under The Cherry Moon went for double its estimated price – a massive $40,000 (£29,700).

The biggest price tag of the night was on Prince’s custom-made Yellow Cloud guitar. Estimated at $60,000-$80,0000 (£44,550- £59,400), the highest bidder parted ways with an eye-watering $225,000 (£167,000) to get their hands on the iconic axe. The uniquely shaped guitar features Prince’s signature love symbols engraved between its frets.

Prince’s Yellow Cloud guitar at Julien’s Auctions

Prince’s Yellow Cloud guitar at Julien’s Auctions

It’s reported that two bidders dominated most of the auction. According to Julien’s Auctions – who held the event – one was an anonymous Japanese Prince fan, the other being Jerry Fraize, director of memorabilia for the Hard Rock company.

Earlier this year, one of Prince’s early collaborators put his ‘Soft and Wet’ songwriting credit up for sale to the public. It was put up for auction on eBay with a ‘Buy It Now’ price of $490,000. In other news, a Prince symphony concert series has been announced.

19/05/2018 14:31:25
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