A gold and diamond “TCB” ring worn by Elvis Presley is anticipated to fetch greater than $500,000 at a memorabilia public sale in Los Angeles that ranges from rock guitars to a set of grasp tapes from the Woodstock competition.
The Elvis Presley ring is described as the primary in a collection of rings with the TCB (Taking Care of Business) letters and lightning bolt motif that the singer adopted as his mantra in 1969 when he returned to performing concert events after specializing in motion pictures.
“It’s the quintessential Elvis jewellery piece,” stated Brigitte Kruse, founding father of GWS Auctions. Kruse stated she thought the ring might fetch something between $500,000 and $1 million on the 300-item public sale on Nov. 28.
Presley gave the ring, made up of a number of diamonds that weigh a complete of 9.81 carats and which he designed himself, to his opening band singer J.D. Sumner in 1975.
Presley, who died in 1977 at age 42, was additionally a motor bike fan. A 1975 FLH 1200 Harley-Davidson that he preferred to journey round his Graceland property in Memphis carries a pre-sale estimate of $300,000 – $350,000, GWS stated. Another of Presley’s bikes was offered for $800,000 in September 2019.
The costliest lot may very well be a set of grasp tapes from the 1969 Woodstock competition that sat in a producer’s storage locker for greater than 10 years and have by no means been accessible on the market earlier than.
The 700 plus hours of tapes, independently valued at $1.6 million, embrace performances by Jimi Hendrix, Janis Joplin, The Who and dozens extra artists who took half in what’s seen as a cornerstone of hippie tradition.
Kruse stated it was tough to estimate how a lot the Woodstock tapes would possibly promote for. “There’s just nothing to compare it to,” she stated. “Every now and then we bump into those pieces that are truly exceptional and things you wouldn’t even think still existed.”
(This story has been revealed from a wire company feed with out modifications to the textual content.)
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