Elvis's Graceland contract sells at auction

US auction house Philip Weiss teamed up with Gary Sohmers, an expert appraiser and Antiques Roadshow regular, to hold its sale of rock & roll memorabilia over the weekend (April 25).

Star of the show was a piece of memorabilia attached to none-other than the King of Rock 'n' Roll himself, Elvis Presley.

Presley's signed 1957 real estate contract - autographed along with his parents Vernon and Gladys - was used to purchase his famous Graceland abode on March 21, 1957.

Elvis's name, printed on the historic 1957 contract, sold for $25,000

Within terms in the contract is the deed on Elvis's east Memphis house, located at 1034 Audubon Drive, for a $55,000 deduction from the sale price.

The historic document of The King's ascent up the property ladder eventually sold for $25,000.

Read Paul says: "Someone got themselves a bargain"

Elsewhere among the most anticipated lots was a rare 1966 Beatles concert poster from their much-reported Shea Stadium concert of August 23 that year.

The rare and historic poster was billed as never-before-seen; the same size as the cardboard poster (of which only four are known to exist) and on the same paper stock as the one-sheet poster (of which only one is known to exist).

This rare, one-of-a-kind 1966 Beatles concert poster sold for four figures

Issued by the Murray Poster company of New York, the only-one-of-its-kind poster's design is rendered in yellow and black ink on white paper.

Despite some major folds across width, scuffs, edge wear and minor stains in the margins, the poster's exceptional rarity and provenance - including being authenticated by numerous concert poster experts at the recent Fest for Beatles Fans - saw it sold for $5,000.

The poster's provenance was also verified by Sid Berstein, the music mogul and promoter for The Beatles' tour whose name is clearly printed above the Fab Four.

In other Elvis memorabilia news, two excellent of The King at his peak, one smiling, one brooding, each with clear signatures in blue ink. There is also a Las Vegas menu signed by Elvis (along with Vernon and Dee Presley, Colonel Tom Parker and Charlie Hodge).

Meanwhile, for Beatles collectors, this South Pacific TEAL in-flight magazine signed on the cover in blue ballpoint by each of the Fab Four is availabe on the market valued at £22,000.

And, in other Elvis news, a single strand of The King's hair is one of the prizes available in our $10,000 competition - open to everyone who signs up to our newsletter before the draw later this month.


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