Elvis Presley's Guitar Among Highest-Bid Items at Rock N' Roll Auction (2024)

A played Elvis Presley guitar was one of the many Rock N’ Roll items sold at a Times Square auction this past weekend, and it sold for thousands of dollars.

Presley’s 1972 Martin D-28 acoustic guitar was recently in the Elvis-A-Rama Museum in Las Vegas until recently, according to Guitar World. The music star played the guitar on stage and used it during the mid to late 1970s.

It sold for a whopping $187,500 in the auction.

SOLD for $187,500. A 1972 Martin D-28 acoustic guitar that was played by Elvis Presley during the mid-to late 1970s both on and off stage.

Sold in our "Icons & Idols: Rock 'N' Roll" auction taking place today and tomorrow at the Hard Rock Cafe NYC and at https://t.co/TiME89uOXn. pic.twitter.com/aZZd195RZQ

— Julien's Auctions (@JuliensAuctions) November 19, 2021

Norman Taurog, who directed many of Presley’s films, gave Presley the gift guitar. Before the auction, estimates were that the instrument could get between $70,000 to $90,000.

Rolling Stone magazinefollowed the Julien’s Auctions’ Icons & Idols: Rock N’ Roll event and reported $5 million in sold items this past weekend. One guitar owned by rock star Eric Clapton brought in an auction-high of $625,000. It was Clapton’s stage-used acoustic guitar from his time with Derek & the Dominoes.

Presley Guitar Had a History

This particular Martin guitar was auctioned off before in 2011. It’s not known who the buyer was or how it got the Julien auction.

Heritage Auctionsposted a letter of authenticity with the guitar. According to Chris Davidson, who purchased many Elvis memorabilia items, the guitar came into the hands of Hobart and Bonnie Burnette soon after Elvis Presley’s death.

During the 1960s, Elvis’s father, Vernon, bought a house at 1266 Dolan Drive behind Graceland. Elvis often visited the house after his 1973 divorce. When Vernon sold the house to move into Graceland after his son’s death, the Burnette bought the home with all its contents, including the guitar.

Davidson bought the guitar in 1999, and it was on display at the Las Vegas museum.

Other Auction Sellers Did Well Along With Presley Guitar

Guitars owned by U2 band member The Edge, Eddie Van Halen, and Clapton were also among the highest-bid items.

One guitar from Pink Floyd band member David Gilmour doubled its pre-auction estimate and sold for more than the Presley guitar ($200,000). Late singer Amy Winehouse’s played Fender Stratocaster, featured in her “Take the Box” music video, went for $153,000.

The U2 guitarist’s 1976 Gibson Explorer Electric Guitar went for $437,500. He had played the stringed instrument during the Joshua Tree Tour in 1987. Bandmate Bono’s 2005 Gretsch Irish Falcon went for $115,000. The singer played it for “One” and “Walk On.”

Some non-guitar-related items got winning bids this weekend too, including other Elvis Presley items. And many exceeded the pre-auction estimates.

One was a 1991 scary clown painting by Frank Sinatra that netted $56,000. A mask from a 1980s band Quiet Riot album cover got $50,000 while Go-Go’s lead singer Belinda Carlisle’s Germs t-shirt sold for $22,000. The shirt that Carlisle sold for over 20 times its expected sale price.

Elvis Presley's Guitar Among Highest-Bid Items at Rock N' Roll Auction (2024)

FAQs

How much is Elvis Presley's original guitar worth? ›

Elvis's famous Cherry Red Hagstrom Viking II could be the most expensive guitar in the world, after it was valued at a modest $5 million, but could sell for much more. The guitar landed icon status after starring in Elvis's famous 1968 Comeback Special, a moment that features heavily in the 2022 Elvis biopic.

What is Elvis Presley's best selling single of all time? ›

New lyrics were written to the tune, and “It's Now or Never” was included on his first album after his stint in the Army. This Number One hit became his best-selling single worldwide, and is currently one of the best-selling singles of all time.

How well could Elvis play guitar? ›

In a 1965 newspaper article, Elvis fessed up about his guitar playing ability: “People seem to think I'm married to the guitar but the truth is I'm not very good at it. I usually get credited with beating up a storm on it, but usually I have another and much better guitar player backing me up when I play it.

How much is Elvis Presley's estate worth? ›

A 2020 estimate from someone within Elvis Presley Enterprises valued the entire Presley estate between $400 million and $500 million. The Elvis brand continues to earn more than $100 million per year, and Lisa Marie reportedly drew $1.25 million of income from the trust in 2022.

What is the most valuable Elvis collectible? ›

10 of the most valuable pieces of Elvis Presley memorabilia
  • Elvis Presley's First Recording: ...
  • "Love Me Tender" Movie Poster: ...
  • Elvis Presley's Graceland Pool Table: ...
  • Elvis Presley's Gold Rolex Watch: ...
  • "Blue Hawaii" Movie Poster: ...
  • Elvis Presley's "TCB" Necklace: ...
  • "Viva Las Vegas" Movie Poster: ...
  • Elvis Presley's Army Uniform:

How well could Elvis play piano? ›

Presley was not a virtuosic guitarist, but he played pretty good rhythm guitar. And he was a really good pianist — on those "Million Dollar Quartet" tapes, that's him playing the majority of the piano parts, even though Jerry Lee Lewis is right there. His best instrument may have been the electric bass guitar.

Was Elvis an expert guitar player? ›

According to Elvis' longtime friend and bodyguard, Red West, though, he was no master guitarist. West shared why he saw Elvis as a natural musician even though he wasn't an expert at any particular instrument.

How old was Elvis when he bought his first guitar? ›

Instead, Elvis's highly protective mother, Gladys—”She never let me out of her sight,” Elvis would later say—took him to the Tupelo Hardware Store and bought a gift that would change the course of history: a $7.75 guitar. It was January 8, 1946, and Elvis Aaron Presley was 11 years old.

Why did Elvis get his first guitar? ›

As the story is recorded in Forrest L. Bobo's letter dated October 2, 1979, Gladys Presley brought her son, Elvis, to Tupelo Hardware in January 1946 to buy him a birthday present. According to Mr. Bobo, Elvis would have preferred a rifle, but his mother succeeded in buying a guitar instead.

What guitar did Elvis use in 1968? ›

to as the “Elvis Guitar;” featured in #Elvis' 68' special.

What hardware store did Elvis buy his first guitar? ›

Tupelo Hardware is famously known as the store "where Gladys Presley bought her son's first guitar."

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