A guitar that was once owned by the one and only Elvis. has been sold off at auction for $334,000.
The guitar was a gift to the late legendary singer from his father, and he in turn handed it over to a fan at a concert in North Carolina in the 70’s.
At the auction held in New York City, the memorabilia fetched over $300,000; although its $334,000 price was a little less than the $354,400 that the handwritten lyrics of The Beatles John Lennon fetched.
As the BBC reported:

Other items in the sale included a red neoprene vinyl jacket which Michael Jackson wore for his 1996-97 HIStory world tour, and Elvis Presley’s first piano.
The jacket sold for $256,000, over four times the pre-sale estimate, while the piano fetched $140,025 – about $60,000 under what had been predicted.
Lady Gaga’s first piano, which had been valued at $100,000, failed to find a buyer, as did Stevie Ray Vaughan’s Fender Broadcaster electric guitar, which was estimated at over $400,000.