• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Arts & Entertainmentauctions

Here’s How Much It Will Cost to Own Prince’s First Studio Guitar

By
Chris Matthews
Chris Matthews
By
Chris Matthews
Chris Matthews
March 9, 2016, 6:00 PM ET
Prince Live At The Forum
Prince performs live at the Fabulous Forum on February 19, 1985 in Inglewood, California. (Photograph by Michael Ochs Archives—Getty Images

Call it a sign o’ the times.

Legendary recording artist Prince’s first wife and manager are auctioning off hundreds of thousands of dollar in memorabilia, including the guitar he used on his very first demos starting in the 1970s. The bidding on that piece starts at $60,000.

The auction is another in a recent spate pricey music memorabilia auctions, like the $2 million sale of Bob Dylan’s hand-written lyrics for the song Like a Rolling Stone in 2014, or the $137,000 sale of the sweater Kurt Cobain wore during Nirvana’s MTV Unplugged performance last year.

Also for sale are several of Prince’s famously ostentatious outfits, including the electric blue ensemble he wore on the cover of his 1999 album, “Rave Un2 the Joy Fantastic.”

One of the more expensive pieces for sale? “The diamond engagement ring with which Prince proposed to his wife Mayte Garcia, accompanied by 5 handwritten heart notes, which Prince used to lead her on a romantic journey to the ring,” according to Nate D. Sanders Fine Autographs and Memorabilia, who are managing the auction.

About the Author
By Chris Matthews
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.