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Prince's Purple Rain Jacket Expected To Fetch Up To $100,000 At Auction

A rare piece of movie memorabilia from Prince's 1984 classic film Purple Rain is hitting the auction block.

The now iconic black and white blazer Prince wore in the film, which features leather sleeves, is reportedly expected to fetch $100,000 when it goes to auction in June.

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The musician, who passed away last week at the age of 57, wore the jacket while riding a motorcycle with co-star Apollonia Kotero.

Prince embraces Apollonia Kotero in a scene from the film 'Purple Rain'.
Prince embraces Apollonia Kotero in a scene from the film 'Purple Rain'.

"It's definitely the most important piece of screen-worn Prince clothing that's ever come up for auction," said Joe Maddalena, president of the Calabasas, California-based auction house, Profiles in History.

"This is a signature piece of wardrobe worn from an iconic movie in his most famous role."

The coat is a unique find from the typically reclusive artist, who was found dead last week at his Paisley Park complex just outside of Minneapolis.

"Prince memorabilia in general, it just really doesn't exist. It seems like he controlled it all," Maddalena said.

"This is the first time ever for something like this, and it might be the only time because the rest of the costumes may be in his (personal) wardrobe."

The original seller said her sister, a makeup artist, received the piece from Prince after they worked together on Purple Rain.

The June 29th auction will also include costumes from Britney Spears, Katy Perry, Alicia Keys and a Swarovski crystal studded glove from Michael Jackson's 1992 Dangerous world tour.



Maddalena said he believes the Purple Rain blazer will be the "star of the show" and expects it to sell for much more than the asking price, $US6,000 to $US8,000 ($A7,867.30 - $A10,489.74).

"Hopefully it will reach a price that is equivalent to his stature as a musician," he said.

However Brian Chanes, who handles client relations at Profiles in History auction house, said the jacket could fetch anything up to $100,000.

“Now, all bets are off,” Chanes said.