Elvis Presley's first guitar is understandably old and tattered, the wood faded and held together by pieces of yellowed masking tape. But it’s still exciting music fans. On Sept. 24 and 25, the guitar will be part of a rock ‘n’ roll auction presented by Guernsey’s Auction House, which will include more than 1,000 lots of memorabilia, said Guernsey’s owner and president, Arlan Ettinger.“We’re known for interesting, large projects,” said Ettinger, who founded the company in the 1970s. Ettinger estimates that Elvis’ guitar, for which the performer's parents paid just $10, could fetch $300,000 to $400,000.
In a previous auction, Guernsey’s sold two Jerry Garcia guitars for $1 million each. “One could imagine that this guitar is worth as much if not more than that,” Ettinger said. “You’ve got to marvel at this guitar.”
Gold And PlatinumSeveral Elvis Presley albums received new Gold and Platinum certifications.
- The Very best Of Love (released 2001): Gold
- I Got Lucky (released 1971): Platinum
- Mahalo From Elvis (released 1978): Gold
- Elvis Christmas (released 2006): Gold (RII forgot to list it)
- Elvis Sings For Kids (released 1978): Gold
- Elvis In Person: (released 1970): Platinum
(Source: Google / RIAA)
