Based off of the 1995 "Guitars of the Month," Paul Smith, Joe Knaggs, and a small team of talented luthiers began building custom guitars for musicians. Smith said it was as if they had started up the old workshop again and would make pretty much anything a customer wanted. Private Stocks were primarily customer-driven, with PRS taking orders directly from the dealers who were providing a quote.
The first Private Stock guitar was completed on April 19th, 1996. A year later, over 85 pieces had been built. As of October 2014, Private Stock number 5,000 was shipping out the door.
The Private Stock team remains small and highly talented, constantly striving to create the best guitars money can buy.