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Prince’s Guitar Sells for HUGE $825,000

Make that cash Purple Rain.

A custom guitar played by Prince has sold for a whopping (but probably appropriate) US$563,000 (A$825,000) at a Music Icons sale held by Julien’s Auctions in Beverly Hills yesterday.

Prince played the “Blue Angel” Cloud 2 electric guitar on his 1984 Purple Rain tour, and it appeared on seminal albums ‘Lovesexy’ and ‘Sign O’ The Times’. So, yeah, it’s kind of a big deal, OK?

The guitar was recently found by archivists who have been sorting through the Purple One’s Paisley Park mansion, where the music legend lived for 29 years before sadly dying in 2016.

The guitar was with Prince at the height of his career in the 80s and 90s, but was only estimated to sell for a fifth of the price it ended up selling for. So, yeah, auctioneers, it’s kind of a big deal, OK?

Several other items were sold during the action, including a dress that Madonna wore in her ‘Vogue’ video, a poem written by Tupac, and this cravat that John Lennon once wore.

I mean, if I were friends with a bunch of millionaires who had memorabilia inside of their homes, I feel like the person who owns Prince's guitar might be cooler than the person who bought the cravat. But then they’d probably show me why it’s important and emphasise why ‘it’s kind of a big deal, OK?’ Before they incorrectly tied it around their neck, scoffed some dolphin caviar, and tripped over a magnum that doesn’t fit in any of their kitchen cupboards.