TALLAHASSEE, Fla. - Affiliated Auctions, headquartered in Tallahassee, Fla., has announced that its Dec. 6, 2009 catalog auction will include a 10-carat ring that Elvis Presley took from his finger and gave to a fan during a 1975 concert. Internet live bidding will be provided by LiveAuctioneers.com.

A unique and original piece of Elvis Presley-worn memorabilia, the ring was given to the consignor, Lloyd Perry, by Presley during a concert in Asheville, N.C. on July 24, 1975 - the last stop on the superstar's tour itinerary.

Four songs into his 1½-hour show, Presley tossed his Gibson guitar in to the audience. Perry and the gentleman seated to his right simultaneously caught the guitar. After strumming it a bit, Perry allowed the other gentleman to have the guitar. A few songs later, possibly feeling that Perry should receive a memento for having allowed the other gentleman to take the guitar, Presley motioned Perry onto the stage from his front-row seat. Presley shook Perry's hand, then removed the diamond ring from his own finger and gave it to Perry.

The size-11, 10-carat ring consists of 14 round-cut diamonds approximately .44ct (each) / F-H color / I-1 to SI-1 clarity; one round-cut diamond approximately 1.29ct / H color /

I-1 clarity; one round-cut diamond 1.39ct / H color / I-1 clarity; and three emerald cut approximately .35ct (each) / H-I color / VS-2 clarity. The diamonds are set in 14K yellow gold with a total weight of 27.2 grams.

The ring will be auctioned together with a complete file of provenance from the consignor, including an autographed copy of Lee Cotton's 1975 book Did Elvis Sing in Your Hometown, Too (in which the gift event is referenced on page 208); three copies of the Asheville Citizen-Times and Bristol Herald Courier, both of which include stories about the event; more than 40 original photographs of the event as it occurred, other photos of Elvis wearing the ring at other venues, original tickets from the concert, and a letter of authenticity signed by the consignor.

For additional information, contact Affiliated Auctions by calling 850-294-7121 or e-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it . The fully illustrated catalog for the auction featuring the Elvis ring will appear online soon at www.LiveAuctioneers.com.

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