August 27, 2020 Elvis Presley BIG 50 Auction
This lot is closed for bidding. Bidding ended on 8/27/2020

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The offered Sterling silver United States Army Insignia ring was owned by Elvis Presley and was given to his cousin Patsy Presley. Elvis was extremely proud of his Army service from 1958 to 1960. He had a great respect for the United States Armed Forces, making many donations to various military causes, the most famous of which was his large donation for the construction of the memorial for the U.S.S. Arizona in Hawaii. The offered ring shows signs of being worn proudly and extensively, with the Army insignia suffering the heavy wear. The ring is accompanied by a letter from noted collector Tom Salva detailing his acquisition of it 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 "STERLING" stamping on the interior of the ring is well-worn but still mostly visible. The size 9 1/4 ring presents with significant wear, with the insignia worn heavily. Excellent condition.

Elvis Presleys United States Army Insignia Sterling Silver Ring - Gifted to His Cousin Patsy Presley
Current Bidding
Minimum Bid: $4,000
Final prices include buyers premium: $4,600
Estimate: $8,000 - $10,000
Number Bids: 1
Auction closed on Thursday, August 27, 2020.
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