Prince is a famed singer, musical innovator, and songwriter born and raised in Minneapolis, Minnesota. One of his most famous vinyl records and the soundtrack that spent 24 weeks at number 1 on the Billboard charts was Purple Rain in 1984.
He also won an Oscar for the best original song score for Purple Rain. Over 1.5 million copies of the record were sold in its first week and have sold over 13 million in the U.S. and 25 million worldwide.
Today, if you have a mint, unopened collector edition of this record, you can sell it on eBay for a cool $2,500, which is what happened in just a few hours for some lucky individual.
If you have an excellent condition record, it can go for between $200-$400 and averagely used versions go for $100. However, you may be able to get more from private collectors if you can find the right person.
Sure, it’s his most famous record, but it’s one of the most common albums and is nowhere near rare.
Here is Prince in Purple Rain, courtesy of YouTube.
Now you know, if you have a great condition Purple Rain record, you could be looking at a worth of anything between $100 to $2500.
Additional information
How much money did Purple Rain the movie make?
The movie made over $72 million and had a budget of about $7.2 million according to Wikipedia here - https://en.wikipedia.org/wiki/Purple_Rain_(film).
How much is Prince's Black Album Worth?
According to a recent article from The Guardian, the 1987 vinyl LP known as Prince's Black album sold for $27500 online at Discogs. This album was part of a commission of 500 000 records that Prince ordered to be destroyed. Previously, the same record sold for $15000 on Discogs.