With hundreds of guests celebrating the grand opening of The Guest House at Graceland, music fans and collectors in Memphis and around the world participated in the sixth “Auction at Graceland” on site in the new resort luxury hotel’s 464 seat theater and online in hopes of going home with a piece of Elvis history. Presented by Graceland Auctions, the auction brought just under $1,000,000 today. All of the items in the auction were from third-party collectors and none of the items included in the auction came from the treasured Graceland Archives.
The auction featured rare and unique artifacts expertly authenticated by Graceland Authenticated, including memorabilia from Elvis’ personal life, prized jewelry pieces and concert costumes. Highlights included the "Aqua Blue Vine" jumpsuit Elvis wore on stage in 1973-74, which sold for $325,000; several distinctive pieces of Elvis’ jewelry, including his Ruby Lion Head Cufflinks which sold for $32,500, his “E.A.P” Gold ID Bracelet which sold for $27,500 on an estimate of $10,000-$15,000, Elvis’ Lion Head Diamond Ring and his Gold and Diamond Ring with Large Lapis Lazuli Stone gifted to Charlie Hodge, both of which sold for $21,250 on an estimate of $10,000-$15,000, Elvis’ Gold and Diamond Ring gifted to Sam Thompson which sold for $17,500, and a Gold and Diamond Ring gifted to Janelle McComb, which sold for 25,000.
An Elvis Stage-Carried .25 Semi-Automatic Pistol sold for $16,250 on an estimate of $3,000-$5,000; a WWII German Army Bayonet Elvis Brought Back from the Army in Germany sold for $8,750 on an estimate of $1,000-$2,000; and several smaller household items were sold, including Glass Animal Figurines from the Graceland Dining Room for $4,000 on an estimate of $300-$700; Small Silver-Plated Vases, also from the Graceland Dining Room for $5000, and a Silvered Jewelry Box from Elvis’ Private Dressing Area, which sold for $8,125 on an estimate of $500-$1,000. A Complete Set of Elvis Presley’s Fingerprints on 1970 Beverly Hills Police Department Application for Permit to Carry a Concealed Weapon sold for $30,000.
All of the prices realized include a 25% buyer's premium. The next Elvis Auction at Graceland will take place on January 7, 2017 during the three day Elvis Birthday Celebration followed by another auction on August 12. 2017 during the 40th Anniversary Elvis Week.