The Auction at Graceland•January 6, 2018
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This lot is closed for bidding. Bidding ended on 1/6/2018

PLEASE NOTE: This is a title company earnest money contract

Elvis was an avid rider and purchased his first horse, Domino, as a Christmas gift for Priscilla. Elvis’ passion grew and soon the barn at Graceland was being cleaned to house the horses Elvis began to acquire. It was during a horse-buying excursion in Mississippi that Elvis spotted a 65-foot white cross overlooking a manmade lake on a beautiful piece of land. At the time, Elvis was reading a lot about spirituality, so the mystique of the property moved him enough to stop and knock on the owner’s door. Elvis didn’t even bother negotiating the price of “Twinkletown Farm” with the owner, Jack Adams, but proceeded to put down an initial payment of $5,000 against the total asking price of $437,000 for the house, cattle, farm equipment and 160 acres of land. Shortly after, Elvis moved nearly 40 horses to the property, eight trailers for his friends and family and spent $100,000 on vehicles for the ranch. Elvis renamed the farm “Circle G Ranch,” with the “G” for Graceland. Much time was spent by Elvis, Priscilla and his entourage at the ranch as it provided a getaway from the pressures of Hollywood and superstardom. 

Elvis had quickly spent a small fortune on the ranch and the cost of maintaining it became too much of a financial burden, so in May of 1969 Elvis sold the property for $440,000. Offered is the two-page earnest money contract from Mid-South Title Company in Memphis, dated February 8, 1967 for the Circle G Ranch. The contract is signed in blue ink by Elvis and measures 14 by 8 1/2 inches (35.56 x 21.59 cm). This important document represents that moment in Elvis’ life when he surrounded himself with friends and family in an ideal setting, doing things that he adored while escaping the daily pressures of the celebrity lifestyle. This Circle G Ranch title emanates from the 1999 Graceland Archives Auction (lot B192) and is accompanied by a certificate of authenticity from the 1999 Graceland Archives auction and a letter of authenticity from Graceland Authenticated.



The title exhibits expected filing related wear in the form of minor wrinkling and creases. Excellent condition.
Elvis Presley Signed Title Company Document for His Circle G Ranch – From the 1999 Graceland Archives Auction (B192)
Bidding
Current Bidding (Reserve Has Been Met)
Minimum Bid: $5,000.00
Final prices include buyers premium.: $6,250.00
Estimate: $10,000 - $20,000
Number Bids: 2
Auction closed on Saturday, January 6, 2018.
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