Elvis Presley’s Diamond Ring Prepared For Auction, Expected To Net $500,000

Elvis Presley’s Diamond Ring Prepared For Auction, Expected To Net $500,000


A gold and diamond “TCB” ring worn by Elvis Presley is expected to net more than $500,000 at a Los Angeles memorabilia auction, Reuters reported Thursday.

This Presley ring is known to be the first of a series with the acronym “Taking Care of Business” (TCB) letters and lightning bolt design that Elvis himself took on as a mantra in 1969 when he started performing in concert again after his movie career, Reuters reported.

Brigitte Kruse, the founder of GWS Auctions, thought the ring could bring in between $500,000 to $1 million at the next auction.

“It’s the quintessential Elvis jewelry piece,” Kruse said, per Reuters.

CULVER CITY, CA - SEPTEMBER 1962: Rock and roll musician Elvis Presley strums an acoustic guitar while posing for a portrait in September 1962 in Culver City, California at MGM Studios. (Photo by Michael Ochs Archives/Getty Images)

(Gettyimages/MichaelOchsArchives)

A 1975 FLH 1200 Harley-Davidson is also for sale at the auction. The estimated value of the bike, that he often rode at his Graceland estate in Memphis, is between $300,00 and $350,000, according to Reuters.

Along with all of the “King of Rock” memorabilia, the

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