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A purchase and sale agreement for Graceland signed by Elvis Presley image 1
A purchase and sale agreement for Graceland signed by Elvis Presley image 2
A purchase and sale agreement for Graceland signed by Elvis Presley image 3
Lot 1404

A purchase and sale agreement for Graceland signed by Elvis Presley

Withdrawn
Amended
25 June 2006, 10:00 PDT
Los Angeles

US$50,000 - US$75,000

A purchase and sale agreement for Graceland signed by Elvis Presley

Elvis Buys Graceland
The lot includes the actual purchase agreement signed by Elvis Presley and his parents, Vernon and Gladys Presley, and the seller Ruth Brown Moore. Dated the 26th day of March, 1957, the document reads in part, “The parties of the first part (the Presleys) shall take possession of the property at #3764 U.S. Highway No. 51 South (Graceland) upon delivery of the warranty deed, and said delivery of the deed shall constitute a full and absolute relinquishment by the party of the second part." Part of the document refers to the Donruss Company paying full price for Elvis’s existing dwelling if “they would have the right to dismantle the home and use the parts in promoting the sale of bubblegum or any other product in any way.” Three page legal folio, matted and framed with pictures of Elvis, his family and Graceland itself.

Included in the lot is a docket of approximately 50 other pages, some originals, and some copies, most legal folio concerning the transfer of the property. One interesting document from Mid-South Title Company indicates the total Elvis paid for the Graceland estate was $133,174. An extremely historic and important archive. Perhaps the most significant Elvis offering to come to market. Graceland is synonymous with the legend and legacy of the great pioneering rocker, and no other place or thing is more closely associated with the great Presley.
Matted and framed with photographs to 33 x 33in

Saleroom notices

Withdrawn.

Additional information

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