Record Breaking Bid For Elvis Ring
A collector was so desperate to get this ring in his collection, that he paid no less than 57,600.00 $US dollar for it at the recent Julian's Action in Los Angeles. The oval faceted blue gem stone set in a square 14k gold setting, engraved on the inside of the band “EP” is accompanied by a letter of authenticity from Memphis Mafia member Dave Hebler, who explains that Elvis handed him the ring during a performance circa 1973 because it wa falling off of his hand. At the end of the concert Hebler tried to return this and another ring, but Elvis told him to keep them.(Source: Elvis And His Music / ElvisMatters)