Auction Results: Prince's “Cloud 3” Fetches $910,000, John Lennon's 12-String Brings $2.3 Million [Forbes]
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Source: Forbes
Over May 29-30, at New York's Hard Rock, Los-Angeles-based Julien's Auctions staged yet another of its characteristically colorful, world-beating sales into the red-hot center of rock-n-roll memorabilia, namely, a sale of the stage instruments themselves. On the first day, John Lennon's magnificent Hootenanny 12-string acoustic, used in the composition and performances of “Help,” demonstrated with puissance that great guitars still could wring money out of the walls in this uncertain world, bringing a record $2.3 million, and contributing in a stroke literally a fifth of the two-day total. The star lot of the second day was Prince's custom-built Cloud 3, made in the early 80s by for Prince by star Minneapolis luthier Dave Rusan — who still crafts exacting versions of the Cloud series from his atelier to this day. Prince's Cloud 3, used in recording and performing from Purple Rain all the way through to Diamonds and Rust , sold for a record $910,000. Rusan had made three Clouds for
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