“A time capsule from Prince’s most recognizable era”: Prince’s Cloud 3, which went for less than $10,000 in 2005, sells at auction for $900,000 more – and breaks a world record

Prince performing onstage with his Cloud 3 guitar in 1992 (left), Prince's Cloud 3 guitar against a white background
(Image credit: Christian Cooksey/Mirrorpix/Getty Images, Julien's Auctions)

Earlier this month, Julien's announced that it would be selling Prince's Cloud 3 electric guitar. Originally boasting an estimated value of between $400,000 and $600,000, the guitar has now sold for a whopping $910,000.

It's a remarkable increase in value for a guitar that was sold, in 2005, by Christie’s for just £4,200 (around $8,114 at the time), and is the third guitar to be auctioned off by Julien's for north of $500,000 this week, following Bob Dylan and Robbie Robertson's 1965 Fender Telecasterwhich fetched $650,000 – and John Lennon’s long-lost Help! Framus 12-string guitar, which sold for an incredible $2,857,000.

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Jackson Maxwell

Jackson is an Associate Editor at GuitarWorld.com. He’s been writing and editing stories about new gear, technique and guitar-driven music both old and new since 2014, and has also written extensively on the same topics for Guitar Player. Elsewhere, his album reviews and essays have appeared in Louder and Unrecorded. Though open to music of all kinds, his greatest love has always been indie, and everything that falls under its massive umbrella. To that end, you can find him on Twitter crowing about whatever great new guitar band you need to drop everything to hear right now.