Fans bid on pieces of Elvis history - WMC Action News 5 - Memphis, Tennessee

Fans bid on pieces of Elvis history

Elvis's first recording sold for $300,000 total. (Photo Source: WMC Action News 5) Elvis's first recording sold for $300,000 total. (Photo Source: WMC Action News 5)
MEMPHIS, TN (WMC) - The 2nd annual Elvis Authenticated Auction hosted at Graceland left many fans in awe after Elvis' first recording went for $300,000.

The auction fell on Elvis Presley's 80th Birthday celebration, and more than a hundred people attended the auction hosted in the Archives Studio at Graceland.

Big items auctioned included the "My Happiness" Acetate, Elvis' first drivers license, and his second Louisiana Hayride contract. 

"Amazing. I was in awe," says Katherine Mandarino. Mandarino says she tries not to miss an Elvis Birthday celebration, and this one was made even more special by the auction.

The night's most watched item, "My Happiness" Acetate, sold for $240,000 to an online bidder. All bidders must pay a 25 percent fee to the auction house, meaning the bidder paid $300,000 total for Elvis' first recording.

Other bidders didn't go as far, but still made off with a great deal of Elvis History. 

"I was a little concerned on how we would go with it but I had a set price in my mind that I wanted to pay," says Rick McLaughlin. McLaughlin purchased a gold and diamond ring gifted to Sammy Davis Jr., among other items.

Each item was out up for auction by a private collector. Roughly a dozen collectors participated in the event.

Click here for our 2015 Elvis Week event guide.

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