Someone Spent $1.32 Million on This Piece of Elvis Memorabilia

One of the The King's rare guitars sells for a world record amount
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By RADIO.COM

An Elvis Presley fan had just one thing on their mind when bidding more than $1.3 million for The King’s rarest guitar, over the weekend; I gotta have it.

The historic 1942 Martin D-18 guitar was sold for $1,320,000 via the rock memorabilia site gottahaverockandroll.com. The site says it’s a world record for the most expensive Elvis Presley memorabilia ever sold.

History recounts, The King traded his Martin 00-18 model for the auctioned guitar at O.K. Houck’s Piano Store in Memphis. Elvis owned the guitar between 1954 and 1956 while recording at the iconic Sun Studios in Memphis, TN and performing on stage. It appears the singer is strumming his acoustic axe during a 1956 appearance on the variety show Stage Show.

The instrument would later be named his “Sun Sessions” guitar. It was during this period he wrote such classics as “That’s Alright (Mama),” “Blue Moon Kentucky” and “Good Rockin’ Tonight.”

What makes this piece of rock ‘n roll history such a rarity is personal touch. Gottahaverockandroll.com says Elvis decorated the guitar with adhesive metal letters to spell out his name, but only “E-L-V-I” remains. The auction house says, "The extensive wear visible on the guitar due to Elvis’ hard strumming is testament to its considerable use by Elvis."

Other items sold during the auction include Michael Jordan’s game worn modified Jordan 1 sneakers from the 1985-86 season, which went for $474,696, and Eddie Van Halen’s 2000 custom racing Ferrari selling for $156,250.

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