The Auction at Graceland•Elvis Week•August 13, 2019
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This lot is closed for bidding. Bidding ended on 8/13/2019

Following the growing popularity of the sport at the time, Elvis started his sole business investment venture in 1976 called Presley Center Courts Racquetball Club, in Memphis. Land was purchased, construction plans were organized, bank accounts were opened, memberships were offered, business cards were printed and bills started to be charged to Elvis. The venture began mounting large debts and encountering issues, and these problems eventually resulted in the project’s demise—the courts were closed in the summer of 1976 after opening that April. Offered are three examples of the business cards that were printed for the executives on ivory card stock. They bear the “TCB” logo in gold in the upper right corner, the Presley Center Courts logo with four racquetball racquets in the upper left and the address—5100 Poplar, Suite 2758, Memphis, Tennessee 38137—and the phone number along the bottom edge. The business cards include Elvis Presley, Chairman of the Board; Joseph Esposito, Vice President; and Dr. George Nichopoulos, President. The three original cards for the top executives emanate directly from Elaine Nichopoulos and come with a handwritten note from her, dated 09-02-02 that reads, “These are the original business cards for Elvis Presley, Joseph Esposito, and my father Dr. George Nichopoulos (Dr. Nick) for ‘Presley’s Center Courts’.” These business cards, a coveted token of Elvis’ only unsuccessful project, each measure 2 by 3 1/2 inches (5.08 x 8.89 cm) and are accompanied by a letter of authenticity from Graceland Authenticated.

Each card is in excellent, like-new condition with very slight surface soiling on the reverse of Elvis' card.
Elvis Presley Center Court Cards for Elvis, Joe Esposito and Dr Nick, With Letter from Elaine Nichopoulous
Current Bidding (Reserve Has Been Met)
Minimum Bid: $200.00
Final prices include buyers premium.: $468.75
Estimate: $500 - $1,000
Number Bids: 9
Auction closed on Tuesday, August 13, 2019.
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