Reference : www.forbes.com
The baubles were among 126 items of Elvis Presley memorabilia placed on the block by the Elvis Presley estate during a two-hour auction held at Graceland and online through Invaluable.com and eBay EBAY +0.25%.
Jewels and watches once owned or gifted by the “The King of Rock and Roll” were placed on sale Thursday in a multi-platform auction that ended with mixed results, as several pieces sold below their estimates and one item did not sell, according to online listings of the results.
The baubles were among 126 items of Elvis Presley memorabilia placed on the block by the Elvis Presley estate during a two-hour auction held at Graceland and online through Invaluable.com and eBay EBAY +0.25%.
The top item among the nine jewels and watches in the auction was a 1914 Indian Head gold 2 1/2-dollar coin and diamond ring gifted to Presley by Tom Hulett. The ring sold for $18,000, $2,000 below its low estimate. Hulett co-managed Elvis’ live performances in the 1970s. The ring, one of several Indian Head rings Presley owned, had 26 round diamonds weighing approximately 1-carat that surround the Indian Head side of the coin.
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