The Auction at Graceland•Elvis Week•August 13, 2015
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This lot is closed for bidding. Bidding ended on 8/13/2015

This collection of early signed documents includes Elvis Presley's 1040 tax return from 1955 for which Elvis' total income was $25,214.15. The first page is signed in blue ink by Elvis Presley and dated "Aug 10/56." Elvis has listed his address as 1034 Audubon Drive, his occupation as "Musical Entertainer" and his total exemptions as 4. The taxes were prepared by Albert B. Maloney & Company in Nashville, Tennessee. Elvis was quickly rising to stardom as evidenced by the payment statement from the August 1956 tour, which is also included in this lot. The typed statement from the All Star Shows lists a sum total of $20,750 paid to Elvis for performances from August 3-12, 1956. The detailed accounting outlines the number of shows in each city in Florida, with 7 performances in Miami from August 3-4, and culminates with the last two shows in New Orleans, Louisiana, on August 12. The contracted rate was $500 per show or $2,000 daily, whichever was greater. The total of 27 performances for 10 days generated $20,000 for Elvis, plus his cut of concessions, which was $750. After advances for hotel and band expenses, Elvis was given All Star Shows check number 350 in the amount of $14,307.16 on August 18. Elvis signed the settlement to acknowledge receipt of the check and payment in full. The return and statement are also accompanied by a red, white and blue Thomas Parker envelope, postmarked from Nashville on "DC 20 6 PM," special delivery to Mr. Elvis Presley at 1034 Audubon Drive, Memphis, Tenn. Each document is framed for display. Almost overnight, Elvis went from earning $25,000 a year to almost that amount for a 10-day tour. He was not just a rising star, but a shooting star at this point. Accompanied by a letter of authenticity from Graceland Authenticated and original letter of authenticity from the 1999 Graceland Archives Auction. The framed tax return measures approximately 16 by 22 1/2 inches (40.64 x 57.15 cm); the framed statement measures approximately 18 by 13 1/2 inches (45.72 x 34.29 cm); and the framed envelope measures approximately 9 by 14 inches (22.86 x 35.56 cm).



The documents are all in excellent condition (as viewed in the display) with fold creases on the tax document and statement and evidence of mailing and handling on the envelope with the right side torn open. The signatures are dark and bold on both the tax return and settlement sheet.
Elvis Presley Signed 1955 Tax Return and Signed August 1956 All Star Shows Tour Settlement Statement
Bidding
Current Bidding (Reserve Has Been Met)
Minimum Bid: $3,500.00
Final prices include buyers premium.: $8,125.00
Estimate: $7,500 - $10,000
Number Bids: 6
Auction closed on Thursday, August 13, 2015.
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