20.000 Dollar For Cape

One of our members asked us how much the 'Planet Cape' sold for at the Dick Clark auction. The answer: 20.000 dollar, although there's no guarantee that this cape is the real thing. B&K Enterprises makes these capes by the dozen. Other items on the same auction block proved to be fake, such as 2 TCB and 1 TLC necklaces, although they sold for up to 1.000 dollar each.
Source: ElvisMatters / Updated: Dec 17, 2006 
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