Elvis and red velvet boost value of jet up for auction

Liveauctioneers.com said: “This jet was very important to Elvis as he owned it with his beloved father Vernon”.

Musical performances, a memorabilia auction and a candlelight vigil are among events planned this Elvis Week, the annual celebration honouring Elvis Presley. In January 2015, two of those jets, the “Hound Dog II” and the “Lisa Marie“, which came equipped with gold-plated seat belts and a 24-carat gold-flecked sinks, went up for auction.

The plane is set to be auctioned after sitting on a runway in New Mexico for 30 years. The following April, it was decided that they would permanently remain on display for tourists at Graceland after all.

Presley’s jet now owned by a private collector and will be sold without reserve.

Roy McKay told KOB-TV in Albuquerque (https://goo.gl/GpE3zV) on Tuesday he designed the interior himself after eating at an old restaurant in Roswell, New Mexico. It’s just one out of three planes once belonging to Presley. It features bright red velvet seats, a red shag rug and gold-plated fixtures.

In the end, the jet is expected to sell for more than $2,000,000. However, the plane has no engine and the cockpit has not been restored. Although the plane no longer has its engine and can’t fly, it’s the interior that’s getting Elvis Presley fans excited. And it could all be yours, if you have a cool $3.5 million to spare.

But a lot including the jet and original paperwork signed by the singer outlining his specifications for its build, has racked up a bid of $126,000 as of this afternoon. It’s quite reasonable, given that, as the website emphasizes, the jet “could potentially earn its new owner millions of dollars in exhibit, or entry fees as an attraction”.

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