Elvis was the king of rock n’ roll and his wife Priscilla was the queen, at least while they were married anyways.
The divorce settlement between one of rock-and-roll’s most famous couples will soon be in the hands of a lucky fan!
Dated August 15, 1972, the document that marked the end of Elvis and Priscilla Presley’s marriage is being auctioned off, and its contents are quite interesting.
“Each of the 12 pages contains fascinating details and offers the reader a snapshot into the details and offers the reader a snapshot into the details involved between both parties that only legal documents can give,” Henry Aldridge, one of the auctioneers said.
The former couple married on May 1, 1967, when Elvis was 31-years-old and Priscilla was 21. They had their daughter Lisa Marie less than a year later, with her being born on February 1, 1968.
“The parties were married on May 1, 1967 in Las Vegas, Nevada,” the divorce decree states. “Unfortunate circumstances and unhappy differences have arisen between the parties by reason of which they have lived separate and apart since February 23, 1972, and by reason of which they intend to dissolve their marriage.”
According to the divorce settlement, the rock icon signed over his famous 1971 Mercedes Benz, his 1969 Cadillac Eldorado, a 1971 Harley Davidson motorcycle and $100,000. The lump sum was to be paid in $50,000 increments- within five days of the agreement, the other before August 20, 1973.
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Priscilla also received half the income from their three homes located in Beverly Hills, Los Angeles and Palm Springs, California.
“These are exceptional examples of Elvis’ signature, being both bold and large. It is extremely rare to have Elvis sign in his full name, Elvis Aaron Presley, and also Aaron with two AAs, as it was written on his tombstone,” Aldridge said.
The last time these documents were up for sale in 2011, they sold for just under $8,000. Now they are at an estimated value of between $26,000 and $32,000.
It is reported that Elvis earned roughly $100 million during his lifetime. That’s about $400 million today. When Elvis died at the age of 42 he had $5 million in the bank (about 20.5 million today). His estate today is worth millions upon millions as he continues to make millions every year despite being passed away.