“Collectibles - Investing, Collecting, Dealing, News, Auctions and much more”

The Internet's Most Popular Collectibles Newsletter

FREE REPORT: Sign up for your free newsletter for exclusive news and expert opinion and receive your free report as seen on MSN Money: "The Secret Index" +14.84% increase per annum

Sign up for your FREE newsletter

Current location: News


Elvis Presley's record collection spins to $75,000

The remarkable sale of the King of Rock 'n' Roll's very own record collection lead an online auction

The Fame Bureau's May 27 online music memorabilia auction featured items linked to some of the greatest names in 20th century music, including Elvis Presley, John Lennon and Led Zeppelin.

There are perhaps few things more personal to a musician than their own record collection - and, remarkably, this auction offered nothing less than the record collection of Elvis Presley himself.


The King of Rock 'n' Roll in 1975

Elvis's collection of old 78rpm records was consigned by the American guitarist Scotty Moore. Moore was Elvis's first guitarist and manager in the mid-1950s, recording around 500 songs with the King at the legendary Sun Studios, in Memphis.

According to Moore's own testament, years later, in 1968, he received a call from Elvis to meet at RCA's Studio B in Nashville. Elvis asked if Moore could help transfer is treasured collection of 78s onto reel-to-reel tape.

Elvis left a briefcase filled with the 78s, and Moore did as he was asked. Later that year, Moore and Presley again teamed up, getting their old band back together for his famous "NBC Comeback Special" (shown in the above video).

After the idea of a European tour was cancelled (Elvis went to Las Vegas, instead) Moore never saw the King ever again. What's more, in all that time Elvis didn't ask for his old record collection to be returned.

Having kept the records safe and secure for more than 40 years, Moore consigned them to the Fame Bureau's auction. They sold for $75,000.


Guitarist Scotty Moore, with Elvis's treasured 78rpm vinyl collection

Also featured in the sale was a gold medallion gifted to Elvis by the hotelier Barron Hilton (Grandfather of socialite Paris Hilton) and worn onstage in 1975.

After generating much excitement, the medallion (pictured above left) auctioned with a higher estimate of $1m - its value in no way harmed by the highly rare and collectible 1924 St Gaudens double eagle gold coin embedded its centre.

In the end, however, the $1m estimate proved a little optimistic. The King's medallion eventually sold for a more realistic, yet still impressive, $60,000.

In related music memorabilia news, collectors and investors interested in collecting rock memorabilia may be interested to know that a rare and highly sought-after set of Led Zeppelin signatures is currently for sale on the market.

 

 

Top Five Related Articles...

·  Your chance to buy Elvis's Pink Cadillac at auction | 19 May 2010

One of the King of Rock 'n' Roll's classic automobiles is appearing for sale in London, next month

·  Elvis's Graceland contract sells at auction | 26 April 2010

Signed by the King of Rock 'n' Roll... and his parents... this unique document could prove to be the bargain of the century

·  Our Top Five collectible pop records | 19 April 2010

As Blur enjoy success with their limited-edition single, here are some other valuable vinyl tunes

·  Today in History... Elvis is inducted into the Army | 24 March 2010

March 24, 1958: Hundreds of fans gather to watch the King of Rock 'n' Roll get on the bus

·  Strand of Elvis's hair heads to auction in UK | 1 February 2010

The thread from The King's head should create a buzz, judging by last year's memorabilia markets

 

Images: Fame Bureau

www.paulfrasercollectibles.com


Last updated: 28 May 2010