“Auction At Graceland” for Elvis’ birthday celebration garners over a half-million dollars

A diamond and platinum ring that Elvis Presley gave to Linda Thompson garnered the highest bid among the memorabilia auctioned off at Graceland over the weekend as part of the celebration of the pop singer's birthday.

Collectors from around the world participated, as the annual Graceland Authenticated auction raised more than $500,000. The auction included 271 rare and authentic Elvis Presley artifacts and memorabilia. All of the items were offered from third-party collectors. None came from the Graceland Archives. The mansion and all artifacts in the Graceland Archives continue to be owned by Lisa Marie Presley.

In addition to the diamond and platinum ring, which sold for $27,500, the items that sold Saturday included: a globe-shaped free-standing wooden bar from Elvis’ Beverly Hills Home, $22,500; Elvis’ 1922 Colt “Police Positive” .32 caliber revolve, $20,000; an RIAA Gold Record Award for Elvis’ 1968 LP Elvis (The 1968 “Comeback TV Special) – awarded in 1969, $17,500; a leather rocking chair from the Jungle Room at Graceland, $17,500; an RIAA Gold Record Award for Elvis’ 1977 Single “My Way”, $13,750; and a 1970’s Elvis Presley Oceanside Chief of Police Badge, $8,125.

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