Elvis Presley Owned Highly Unusual “Peerless Radio” Money Clip/Utility Knife

Offered is an unusual "Peerless Radio" combination money clip/utility knife that was owned by Elvis Presley. Peerless was a major brand of radios in the 1950s, and undoubtedly Elvis' first transistor radio was likely a Peerless. The offered combo pocket marvel was probably given to Elvis by a fan. Elvis eventually gifted the silver money clip to his cousin Patsy Presley, to whom he gave a great many things during the many years she worked in the offices at Graceland. The money clip is accompanied by a letter from noted collector Tom Salva detailing his acquisition of the lighter among other items he purchased from Patsy. The letter states,

The item listed and shown above has been in my personal Elvis Presley collection since 1988. I purchased this item, and many others, from Patsy Presley, Elvis Presley’s cousin who worked as secretary in the offices at Graceland for many years during Elvis’ career. The item was originally from a jewelry box from Elvis’ bedroom dresser. I purchased the jewelry box and all its contents from Patsy in 1988. While it didn’t contain any of Elvis’ ornate jewelry with diamonds and gold, etc., it did contain many rings, watches, money clips, cuff links, bracelets, pins and other items of this sort that were often gifted to Elvis by family, friends and even fans. Included below is a copy of the money order with which I purchased the items from Patsy Gambill (her married name at the time) as well as a color copy of the handwritten letter from Patsy, dated October 25, 1988, describing the jewelry box and what it meant to Elvis.

Also accompanying is a color copy of the original letter from Patsy Presley Gambill, as referenced in Tom's letter. The money clip was made in Italy, based on the stampings on the pocket knife. There is also a file as the other tool. The piece measures 2 x 1 1/4 inches. Near Mint condition.