Elvis Presley's gold Graceland piano set to auction

Movie Star lover

Movie Star lover

2015-10-06 08:27:15

Elvis Presley's unique 24K gold leaf grand piano is heading to auction in Beverly Hills next month.

The remarkable instrument is expected to sell for up to $700,000 when it crosses the block in November, as part of the hotly-anticipated Julien's Icons & Idols: Rock n’ Roll sale.

The piano once sat in Presley's Graceland home in Memphis, Tennessee, and has spent years on display at The Country Music Hall of Fame and Museum in Nashville.

It was purchased by Elvis as a gift for his mother in 1955, following his first flush of financial success with Sun Records.

It had originally been played at the Dixon Myers Auditorium in Memphis before being sold off by the city, and Elvis was forced to store it in his own apartment when he realized it was too big to fit into his parent's home.

He later shipped it to his new home Graceland in 1957, where it took pride of place in his music room, but following his mother's untimely death in August 1958 the piano was packed away and placed into storage.

It returned to Graceland a decade later, when Priscilla Presley had the piano coated in 24K gold leaf and gave it back to her husband on their first wedding anniversary in 1968. Now the historic instrument will be offered for sale with an estimated value of $500,000-$700,000.

The Julien's sale will feature a treasure-trove of Elvis memorabilia, including clothing, jewelry and personally-owned items.

Highlights include a white costume jacket, worn onstage in 1972 at the Las Vegas Hilton and tossed into the crowd, estimated at $30,000-$50,000; a white leather deerskin jacket also worn onstage at the Hilton, valued at $25,000-$30,000; a black sapphire and diamond ring gifted by Elvis to his stage manager Charlie Hodge, estimated at $1-0,000-$15,000; and a 1977 Cadillac Seville, bought by Elvis as a gift for a friend in 1976, valued at $40,000-$60,000.

The Julien's Icons & Idols: Rock n’ Roll sale takes place on Saturday November 7.

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