Elvis Presley's spiritual ring will highlight October 6 auction

A ruby and diamond spiritual ring owned by Elvis Presley is among around 600 lots up for sale in Ahlers & Ogletree's October 6 Fall Estates auction in Atlanta.

The ring was given to Presley when he visited the Self-Realization Fellowship in Los Angeles in the late 1960s. In 1976 Elvis gave it to his bodyguard and friend Sam Thomas. It sold earlier this year at Heritage Auctions for $9,062.

Elvis spiritual ring
The ring was presented to Elvis by Self-Realization Fellowship founder Paramahansa Yogananda

Elvis was well-known for his remarkable generosity - famously giving away jewellery, cash and Cadillacs whenever the mood took him. This has resulted in a booming market in memorabilia pertaining to the star.

Earlier this year Elvis' army uniform sold at Heritage in Dallas for $35,000 - exceeding its pre-auction estimate by 75%.

We have this autographed photograph of Elvis Presley in his army uniform dating to the summer of 1959.

The auction also features a four-string banjo owned by the late George Harrison. A hand tag identifies the piece as a lot bought at Sotheby's in 1986, indicating its authenticity.

Harrison penned some of the Beatles' best-loved songs, including Here Comes the Sun and Something.

A gold plated Dallas-E banjolele, owned by George Formby and bought at auction by Harrison in 1961, sold for £26,100 ($41,948) in 2008.

A 36 star US civil war national colours flag, made circa 1864 by Tiffany & Co, will be another highlight. During the war, the company was contracted to produce flags for the union army, and a number survive to this day.

In 2011, a flag produced for the headquarters of the 8th New Jersey volunteers during the civil war and attributed to Tiffany sold for $18,000.

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