The King had gifted the ring to a friend.
Jewelry proved to be the star of the show at an auction of items owned by Elvis Presley.
The weekend event was called Auction at Graceland, USA Today reports. Held by Graceland Auctions, it was part of the celebration of Presley’s birthday.
The top-grossing item was a gold and diamond ring fashioned after a lion head, selling for $37,500. Presley had gifted it to Charlie Hodge, a close associate, according to USA Today.
A diamond cluster cocktail ring sold for $13,750, and several other pieces of jewelry sold for more than $8,000 each.
Some of the non-jewelry items sold in the auction included a high school yearbook, a pistol and a blue suede jacket. Sales totaled more than $330,000.
Read more at USA Today
Advertisement
Four Decades of Excellence: How Wilkerson Transformed a Jeweler's Retirement into Celebration
After 45 years serving the Milwaukee community, Treiber & Straub Jewelers owner Michael Straub faced a significant life transition. At 75, the veteran jeweler made a personal decision many business owners understand: "I think it's time. I want to enjoy my wife with my grandchildren for the next 10, 15 years."
Wilkerson's expertise transformed this major business transition into an extraordinary success. Their comprehensive approach to managing the going-out-of-business sale created unprecedented customer response—with lines forming outside the store and limits on how many shoppers could enter at once due to fire safety regulations.
The results exceeded all expectations. "Wilkerson did a phenomenal job," Straub enthuses. "They were there for you through the whole thing, helped you with promoting it, helping you on day-to-day business. I can't speak enough for how well they did." The partnership didn't just facilitate a business closing; it created a celebratory finale to decades of service while allowing Straub to confidently step into his well-earned retirement.