ad info




CNN.com
 MAIN PAGE
 WORLD
 U.S.
 LOCAL
 POLITICS
 WEATHER
 BUSINESS
 SPORTS
 TECHNOLOGY
 SPACE
 HEALTH
* ENTERTAINMENT
   movies
   music
   tv
 BOOKS
 TRAVEL
 FOOD
 ARTS & STYLE
 NATURE
 IN-DEPTH
 ANALYSIS
 myCNN

 Headline News brief
 news quiz
 daily almanac

  MULTIMEDIA:
 video
 video archive
 audio
 multimedia showcase
 more services

  E-MAIL:
Subscribe to one of our news e-mail lists.
Enter your address:
Or:
Get a free e-mail account

 DISCUSSION:
 message boards
 chat
 feedback

  CNN WEB SITES:
CNN Websites
 AsiaNow
 En Español
 Em Português
 Svenska
 Norge
 Danmark
 Italian

 FASTER ACCESS:
 europe
 japan

 TIME INC. SITES:
 CNN NETWORKS:
Networks image
 more networks
 transcripts

 SITE INFO:
 help
 contents
 search
 ad info
 jobs

 WEB SERVICES:

Music

Elvis auction racks up a King's ransom

  INTERACTIVE
Take a look at a few of the Elvis items that were up for auction
 

October 11, 1999
Web posted at: 1:59 p.m. EST (1759 GMT)

LAS VEGAS (CNN) -- The weekend's yard sale of Elvis Presley memorabilia generated a gross of nearly $5 million in Las Vegas.

"It was significantly more than we expected," says Arlan Ettinger, president of Guernsey's auction house. Proceeds from the auction are to benefit Presley Place, a low-income housing complex under development in Memphis, the site of Presley's Graceland Mansion.

Karl Lindroos, who bought Presley's 1970 Mercedes limousine for $80,000, says his new ride makes him "feel like a king."

"I hope to take this car with me someday and drive around Finland on a beautiful summer," he says.

Another set of Presley's wheels was the vehicle of the auction's highest bid: Gallery Furniture of Houston paid $250,000 plus $27,000 in auction commissions for a 1956 Lincoln Continental in which the singer once took actress Natalie Wood on a date. Susie Palacios, buying for the store, also landed the King's bejeweled 35-pound "eagle cape" for $85,000 plus a 15 percent commission. The cape was worn in one of the star's last television specials, "Aloha From Hawaii."

Several other corporate bidders were involved. Swatch was the successful bidder on Presley's Hamilton wristwatch. The company now owns Hamilton and wanted Presley's watch as an addition to its archives.

And the Hard Rock Cafe bought the wooden box in which Presley kept Muriel Tiplatet cigars. Barrie Lipins, buying for the company, says the humidor will be put on display at one of the Hard Rock restaurants.

  GRACELAND GARAGE SALE:
Wristwatch, $32,500
Cigar box, $25,000
Autographed baseball, $19,000
Signed Texaco credit card, $11,000
Oil painting of Presley, $44,000
Desk and chair, $11,000
Football helmet, $10,000

Source: Reuters

 

Drafting clothes into the act

Much sentimental value was attached to Presley's 1956 draft card. It sold for $22,500.

And who says clothes don't sell at garage sales? Presley's peacock belt cinched $32,500. A jumpsuit went for $65,000. And a velvet ensemble sold for $20,000.

Auctioneer Joanna Grant pushed through three days of barking bids on true grit and pain killers. She broke her leg upon arrival but went on to auction off Presley's Bible for $25,000. His handgun sold for nearly four times as much, $95,000. Ronald Melby says he was ready to pay more.

"I had to talk to my wife a little bit, and she said go ahead and buy it," he says. "I was set for $100,000 to $150,000."

Melby was among hundreds of bidders at the MGM Grand Hotel, vying for the 2,000 pieces on the auction block, including one item shipped there by mistake -- a Christmas-tree-shaped television antenna once installed at the Graceland mansion.

"It wasn't supposed to be in the auction, but was brought here mistakenly," Ettinger said. "In the spirit of the moment, we went ahead and put it up for bid."

Sue Fergerstrom of Springfield, Missouri, paid $1,725 for it. "It's a real piece of Graceland, not just some document," Sue Fergerstrom said.

"And when he tries to contact me, I'll have better reception."

CNN Entertainment News Correspondent Paul Vercammen and Reuters contributed to this report.


RELATED STORIES:
Even obscure Elvis objects draw bids in auction's second day
October 10, 1999
If you can't afford Elvis auction, there's the catalog
October 8, 1999
Views: A bit of what's behind the Elvis auction
October 7, 1999
Elvis sighted in Thailand
May 24, 1999
Guralnick sees Elvis through a glass, darkly
January 22, 1999
New book reveals Elvis in '56
October 28, 1998
Earliest Elvis?
August 17, 1997
Forever faithful, Elvis fans flock to Graceland
August 16, 1997
CNN Interactive special feature: Viva Elvis!

RELATED SITES:
Guernsey's
Elvis Memorabilia
Elvis Presley Enterprises
Interactive Collector
The Original (Unofficial) Elvis Home Page
Note: Pages will open in a new browser window
External sites are not endorsed by CNN Interactive.

MORE MUSIC NEWS:
Mick doesn't want world to know what he makes
B.B. King brings the blues to Big Apple
Pride to be first black member of Country Music Hall of Fame
Springsteen song prompts police protest
 LATEST HEADLINES:
SEARCH CNN.com
Enter keyword(s)   go    help

Back to the top   © 2001 Cable News Network. All Rights Reserved.
Terms under which this service is provided to you.
Read our privacy guidelines.