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

As most will concede, Elvis was generous to a fault and Linda Thompson was certainly the recipient of that generosity while she and Elvis dated. Linda met Elvis at the Memphian Theater in Memphis in 1972 and was introduced by George Klein. Elvis was captivated by Linda, the 22-year-old Miss Tennessee at the time, and after she returned from a family vacation, the two began dating. The relationship lasted for over four years until before the Christmas holidays in 1976. During this time Elvis, in his usual generosity, showered Linda with lavish gifts; it is believed that he spent nearly a quarter of a million dollars on jewelry for her. The offered spectacular diamond ring would certainly confirm those suspicions, with its multitude of gorgeous round brilliant-cut diamonds in a circular swirl design intertwined with a swirl of exquisite tapered baguette diamonds in a platinum setting. The ring, size 7, is marked “86 PLAT,” indicating that the metal is 86% pure platinum, a heavy precious metal often used for upscale jewelry settings. This stunning bauble contains 1 large round brillant center diamond weighing approximately 1.38 carats with a clarity of SI2 and J color, 17 additonal round brilliant-cut diamonds with a total weight of approxiamtey 1.70 carats and VS1 to SI1 clarity, and 37 tapered baguette diamonds with a total weight of apprximately 2.78 carsts and clarity ranging from VVS2 to VS1 all mounted in a platinum setting weighing 14.8 grams. 

Long after the relationship with Elvis ended, Linda decided to offer a portion of the jewels gifted from Elvis at a Christie’s auction. News of the event was covered by the National Enquirer, in the pages of which Linda shared that Elvis had once told her, “Something is not beautiful unless someone else sees it.” It was this belief and the fact that, “It seemed selfish and silly to have all these pieces that Elvis gave me just sit hidden in a dark safety-deposit box. I just hope they will bring as much joy to someone else as they brought to me,” that moved Linda to sell. This very ring is pictured in that National Enquirer article, a copy of which comes with the ring. The Christies sale was held on June 7, 1988 and this ring was offered as lot 248 with the description "Set with circular-cut diamond weighing approximately 1.44 cts., within a circular and baguette-cut diamond swirl, mounted in platinum. A peace offering after a quarrel in 1974." While the ring, with an estimate of $15,000-20,000, went unsold during the auction, the consignor purchased the ring direclty from Linda Thompson after the auction with TWO $10,000 checks, each made out to Linda Thompson Jenner, and dated June 24, 1988 and July 15, 1988 respectively.  Copies of these cancelled checks are also included. In additonal to this ideal provenance, the ring also comes with a copy of the formal 19-plus page insurance appraisal from Hoferts Gemological Services in California. The appraisal, ironically enough, is dated August 16, 1988! This ravishing diamond ring is accompanied by a letter of authenticity from Graceland Authenticated.

The ring shows signs of moderate use. Excellent to Mint condition.
Impressive Diamond and Platinum Ring Gifted to Linda Thompson from Elvis Presley
Current Bidding (Reserve Has Been Met)
Minimum Bid: $15,000.00
Final prices include buyers premium.: $27,500.00
Estimate: $30,000 - $40,000
Number Bids: 8
Auction closed on Saturday, January 6, 2018.
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