diff --git a/pygmt/figure.py b/pygmt/figure.py
index f3e299e1b58..c3159b5d79f 100644
--- a/pygmt/figure.py
+++ b/pygmt/figure.py
@@ -244,10 +244,12 @@ def psconvert(self, icc_gray=False, **kwargs):
         # Manually handle prefix -F argument so spaces aren't converted to \040
         # by build_arg_string function. For more information, see
         # https://github.com/GenericMappingTools/pygmt/pull/1487
-        try:
-            prefix_arg = f'-F"{kwargs.pop("F")}"'
-        except KeyError as err:
-            raise GMTInvalidInput("The 'prefix' must be specified.") from err
+        prefix = kwargs.pop("F", None)
+        if prefix in ["", None, False, True]:
+            raise GMTInvalidInput(
+                "The 'prefix' parameter must be specified with a valid value."
+            )
+        prefix_arg = f'-F"{prefix}"'
 
         with Session() as lib:
             lib.call_module(
diff --git a/pygmt/tests/test_psconvert.py b/pygmt/tests/test_psconvert.py
index a18b14883f2..28db5133e61 100644
--- a/pygmt/tests/test_psconvert.py
+++ b/pygmt/tests/test_psconvert.py
@@ -42,8 +42,18 @@ def test_psconvert_twice():
 
 def test_psconvert_without_prefix():
     """
-    Call psconvert without the 'prefix' option.
+    Call psconvert without the 'prefix' parameter.
     """
     fig = Figure()
     with pytest.raises(GMTInvalidInput):
         fig.psconvert(fmt="g")
+
+
+@pytest.mark.parametrize("prefix", ["", None, False, True])
+def test_psconvert_invalid_prefix():
+    """
+    Call psconvert with a invalid 'prefix' argument.
+    """
+    fig = Figure()
+    with pytest.raises(GMTInvalidInput):
+        fig.psconvert(fmt="g", prefix=prefix)