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The demo tape that launched Prince鈥檚 legendary career is now up for auction

The auction for the demo tape that birthed Prince's career runs through Thursday. (RR Auction) The auction for the demo tape that birthed Prince's career runs through Thursday. (RR Auction)
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For years, the demo tape that launched Prince鈥檚 storied career had been tucked away in an attic of the home of the music executive that first signed him.

Now, music enthusiasts and Prince fans worldwide have a chance to own the tape that landed the Minneapolis superstar his first record contract as it goes up for auction, according to Boston-based

The demo, recorded in 1976 and still in its original custom packaging, is part of the Marvels of Modern Music auction that ends on Thursday.

It contains unreleased versions of the songs 鈥淛ust As Long as We鈥檙e Together鈥 and 鈥淢y Love is Forever,鈥 as well as the never-released 鈥淛elly Jam.鈥

Prince was just 18 years old when he recorded the tracks 鈥 all written, sung, arranged and played by himself 鈥 at Sound 80 Studios in Minneapolis, RR Auction .

鈥淚t is the original tape, so this is the birth of who became known as Prince,鈥 Bobby Livingston, RR Auction鈥檚 executive vice president of public relations, told CNN.

鈥淚t鈥檚 incredible because it comes from the record executive whom it was sent to, so it has this unbroken chain of custody,鈥 Livingston said.

The special artifact was discovered by Jeff Gold, a former Warner Bros. Records executive vice president and general manager who was friends with music industry executive Russ Thyret.

Thyret, who later served as the record company鈥檚 CEO and chairman, signed Prince to Warner Bros. on June 25, 1977, shortly after his 19th birthday.

Gold, who today runs an online business selling high-end collectibles and helps artists value their archives, said he received a call from Thyret鈥檚 widow, who lives in Los Angeles. Thyret died in 2021.

鈥(She said), 鈥楻uss saved a lot of stuff and it鈥檚 all up in the attic of our house 鈥 would you come take a look and help me figure out what to do with it, and buy anything you鈥檙e interested in?鈥欌 Gold told CNN.

He said he came across a couple of boxes containing tapes in the attic.

鈥淲hen I saw (the demo tape), I knew exactly what it was,鈥 Gold said. 鈥淚 was very excited when I saw it, but guardedly so, because you never know if the tape鈥檚 going to be playable or if the tape has the wrong thing in the box 鈥 but happily, this one had the right thing.鈥

The demo tape up for auction comes with a plexiglass display case, a business card belonging to Thyrett, a CD transfer of the tape鈥檚 audio and a letter of provenance from Gold, according to RR Auction.

Several other Prince items are being auctioned, including the lace glove he wore on stage during the Purple Rain tour and a sealed first pressing of 鈥淭he Black Album,鈥 the auction house said.

Previously auctioned Prince items have sold for big price tags. The original lyrics of his song, 鈥淣othing Compares 2 U,鈥 sold for $150,000, according to Livingston.

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