A jacket worn by Prince in Purple Rain could sell for a six-figure sum – more than 10 times its asking price – when it goes under the hammer next month, according to an auctioneer.
The black-and-white blazer, which Prince famously wore while riding a motorcycle in the 1984 film, is predicted to fetch as much as 100,000 dollars (£69,000) following the musician’s sudden death in April.
The item is going on sale along with a host of Prince memorabilia, including the white ruffled shirt he wore in Purple Rain and a pair of knee-length high-heeled boots from his 1988 Lovesexy tour.
Joe Maddalena, founder of Californian auction house Profiles in History, said the blazer had an asking price of six to 8,000 dollars but he would “not be surprised” if it sold for “50 or 100,000”.
Prince’s make-up artist was given the blazer after she worked with the musician on Purple Rain and the item was already going up for auction before his death, he added.
“It just happened to be one of those coincidences that unfortunately he passed away,” Mr Maddalena said.
“Probably the signature thing he is known for is Purple Rain. It’s what made his career. It’s probably what he’ll be remembered for always.
“To have an important piece like this is pretty astonishing and an amazing opportunity.
“The jacket is estimated at six to eight thousand dollars, but who knows? After Michael Jackson’s untimely death, his items went through the roof. Things that were five to 10,000 were selling for 200,000. I have no idea what to expect.
“I would not be surprised to see the Prince jacket sell for 50 or 100,000.”
A Swarovski crystal studded glove from Michael Jackson’s 1992 Dangerous world tour is also going on sale at the Icons of Hollywood auction on June 29, along with costumes from Britney Spears, Katy Perry and Alicia Keys.
Prince, 57, was found dead at his Paisley Park estate in Chanhassen, near Minneapolis, on April 21. Authorities are still investigating the cause of death after prescription drugs were found at his home.
A bright yellow custom-made guitar used by Prince is being a sold at a separate sale from Heritage Auctions on June 24, with an opening bid of 30,000 dollars (£20,800).
