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    Description

    Elvis Presley Contract for Purchase of Graceland This unique piece of Presleyana is perhaps one of the most historic Elvis items ever offered: the real estate sale contract for Graceland, dated March 17, 1957, two pages (front and back), 8.5" x 14", signed on the reverse by Vernon and Gladys Presley, and a carbon copy of the agreement, dated March 21, with Elvis' carbon copied signature alongside his parents'. Items signed by all three family members are extremely rare, due to Mrs. Presley's untimely death on August 14, 1958. The Civil War-era, plantation-style house, situated on 13.5 acres of land in the then-rural outskirts of Memphis, was dubbed "Graceland" by its original owner, F. E. Toof, whose daughter was named Grace. As part of Elvis' offer of $102,500, the Presley's home at 1034 Audubon Drive in Memphis was traded in for a value of $55,000. The contract is also signed on verso by realtor Virginia Grant and seller Ruth Brown Moore. Also included in this lot is an additional 8.5" x 14", two-sided contract form, dated March 17, 1957, signed by Vernon Presley, Grant, and Moore. Fine condition, with the exception of a 5" x 3.5" section cut from the contract signed by Vernon and Gladys, Grant, and Moore. Includes a letters of authenticity from Elvis' neighbor and classmate, Thomas B. Morgan Jr. Accompanied by a COA from PSA/DNA.

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    Auction Dates
    October, 2008
    4th-6th Saturday-Monday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
    Page Views: 2,450

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