Luxist

Gisele, Carla Bruni Nude & More in Photo Sale

Jared Paul Stern — Thu, 12 Nov 2009 08:02:00 EST

Now through November 19, artnet Auctions is featuring Faces & Figures, a special sale of 375 photographs by famous artists including Nan Goldin, Santé D'Orazio, David LaChapelle, Helmut Newton, Bert Stern and Pamela Hanson. The stunning sale features several nude supermodel portraits, including a nude of Carla Bruni by Hanson from 1994, vastly underestimated at $1,500 - $2,000 considering an identical one sold over the summer for $18,000. Other highlights include nudes of Frederique Van Der Wal from 1990 by D'Orazio, $1,000 - $1,500; a sexy snap of Gisele Bundchen by Mark Seliger (above) from 2000, estimated at $8,000 - $10,000; and a nude Gisele astride a horse by Walter Chin, $4,000 - $6,000. A nude of Pamela Anderson by LaChapelle is expected to fetch $18,000 - $24,000, and there several famous nudes of Marilyn Monroe by Stern. Also included are portraits of rock stars including the Rolling Stones, artists like Warhol and Basquiat, and celebs like Jackie Kennedy and Marlon Brando.

Gisele, Carla Bruni Nude & More in Photo Sale originally appeared on Luxist on Thu, 12 Nov 2009 08:02:00 EST. Please see our terms for use of feeds.

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Sotheby's Wins with Warhol

Tom Johansmeyer — Thu, 12 Nov 2009 06:01:00 EST

Filed under: Auctions, Art

The Christie's crowd on Tuesday may not have been ready to shell out big bucks for Andy Warhol's "Tunafish Disaster," but the crowd at Sotheby's was more than happy to by a boatload of currency. The top pop artist's "200 One Dollar Bills" found a buyer for a monstrous $43.8 million at the Sotheby's art auction in New York on Wednesday.

Pauline Karpidas, an art collector in London, offered the piece, Bloomberg News reports but wasn't able to verify with the collector herself. It looks like she scored with this one. "200 One Dollar Bills" carried a presale estimate of $8 million to $12 million, which didn't last long.

The piece consists of what its title states: 200 real-sized one dollar bills reproduced in black on grey ... and with a blue replica of the Treasury Department seal. If they were real cash, the sale price was greater by a factor of 219,000.

This wasn't the only success of the evening, and overall, the outcome was fantastic. Only two of the 54 lots failed to find new homes, and the final number, $134.4 million, thrashed the presale estimate of $97.7 million.

Sotheby's Wins with Warhol originally appeared on Luxist on Thu, 12 Nov 2009 06:01:00 EST. Please see our terms for use of feeds.

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Basquiat and Warhol Fail Christie's

Tom Johansmeyer — Wed, 11 Nov 2009 22:01:00 EST

Filed under: Auctions, Art

Christie's tried in New York with a 1983 piece by Jean-Michel Basquiat and didn't succeed. The auction house may have been too aggressive in estimating the 16-foot piece at $9 million. That's what's tough about the art market right now. There are signs of recovery, and it can be tempting to push for higher prices. Unfortunately, it's easy to get a bit excited. The painting had the highest estimate at the auction. The piece with the second highest presale estimate, a piece by Andy Warhol, met a similar fate.

The Basquiat piece, "Brother Sausage," was offered anonymously by a buyer later revealed by Bloomberg News to be Peter Brant, an art collector based in Connecticut. The piece may be a casualty of his divorce from model Stephanie Seymour. Well, it won't be financing post-marital discord and could remain a contested asset for a while.

Warhol's "Tunafish Disaster" was projected to move for up to $8 million and, like the Basquiat painting, didn't receive any bids. Art dealer Robert Mnuchin of L&M Arts was stuck taking it home.

Yet, some works beat the odds in an auction that raked in $74.2 million, within the presale range of $61.5 million to $88 million. Nonetheless, this was the lowest result we've seen from a Christie's New York contemporary art effort since May 2003 and down 81 percent from the top of the market two and a half years ago.

Continue reading Basquiat and Warhol Fail Christie's

Basquiat and Warhol Fail Christie's originally appeared on Luxist on Wed, 11 Nov 2009 22:01:00 EST. Please see our terms for use of feeds.

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Unused Beatles Album Art Goes Up For Auction

Deidre Woollard — Wed, 11 Nov 2009 20:01:00 EST

Filed under: Auctions, Art

The painting shown above, a 1968 watercolor by American artist Jim Dine, has an interesting story. The work was originally commissioned by Capitol Records for a Beatles album which was never made because the Beatles left Capitol and formed the Apple Records label. The graphite and watercolor on vellum lot of five works depict individual toothbrushes labeled for each member of the band The pieces, which are expected to bring $25,000-35,000, have been in the private collection of former president of Capital Records, Sal Iannucci, and his wife Aileen.

These unique pieces are part of the Bonhams & Butterfields fall auction of Modern, Contemporary and Latin American Art on November 17, 2009 in Los Angeles. The over 200-lot sale will include pieces by Alexander Calder, Paul Cézanne, Pedro Coronel, Emil Filla, George Grosz, Armand Guillaumin, Henri Lebasque, Fernand Léger, Maximilien Luce, Diego Rivera, Frank Stella, Maurice Utrillo, Andy Warhol and Francisco Zúñiga, as well as a selection of contemporary Asian art. The auction catalogue's cover lot, Study for a Blue Nude, 2000 by Tom Wesselmann is expected to bring $50,000-70,000.

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Unused Beatles Album Art Goes Up For Auction originally appeared on Luxist on Wed, 11 Nov 2009 20:01:00 EST. Please see our terms for use of feeds.

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Bentley Art Project Benefits Cancer Research

Noah Joseph — Wed, 11 Nov 2009 16:02:00 EST

Filed under: Wheels, Auctions, Art, Charity

There are few automobiles we could truly consider works of art. And most of them are expensive. Bentley surely ranks among them, but the British luxury automaker has taken things one step further.

In a new project, Bentley invited its designers to create works of art inspired by their work. No fewer than 22 participated, working in every medium from photography and painting to sculpture. The results are truly intriguing, and will be auctioned off on December 1 in a charity auction held by Bonhams to benefit cancer research at Manchester's The Christie Hospital. The event is by invitation only, but you can view the pieces in the gallery below.

Gallery: Bentley Art Project

Bentley Art Project Benefits Cancer Research originally appeared on Luxist on Wed, 11 Nov 2009 16:02:00 EST. Please see our terms for use of feeds.

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Bvlgari Save The Children Auction At Christie's

Deidre Woollard — Wed, 11 Nov 2009 15:02:00 EST

Filed under: Jewelry, Auctions, Charity

Bvlgari's work with Save the Children takes center stage at Christie's New York during a special auction to benefit the Rewrite the Future campaign. The campaign has a mission of providing quality education for 8 million children living in conflict-affected areas. To celebrate their 125 year anniversary, Bvlgari will auction an extraordinary collection of 11 one-of- a-kind jewelry creations and 7 limited edition timepieces. The jewels' overall value is estimated at around $4 million and all proceeds will be donated the campaign.

The collection was officially presented to the public on May 20, 2009 at a private celebration inaugurating Bulgari's first-ever retrospective museum exhibition at the prestigious Il Palazzo delle Esposizioni in Rome. From June until November 2009 the collection will tour the world's greatest cities, where they will be presented at a series of high-profile events. The international tour will culminate with the New York auction in December when the pieces will be sold at Christie's.

You can also still participate in this important campaign by buying the Bvlgari Save the Children ring which is on sale until the end of the year.

Gallery: Bulgari Save The Children Auction

Bvlgari Save The Children Auction At Christie's originally appeared on Luxist on Wed, 11 Nov 2009 15:02:00 EST. Please see our terms for use of feeds.

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Steve McQueen's 1940 Indian Chief at Auction

Jared Paul Stern — Wed, 11 Nov 2009 08:01:00 EST

Filed under: Wheels, Auctions

Steve McQueen's magnificent 1940 Indian Chief motorcycle, one of the most prized among his collection, is being auction off on Nov. 14 during Bonhams & Butterfields' Classic California sale at the Petersen Automotive Museum in Los Angeles. The King of Cool was pictured with the beloved bike on the cover of the book Steve McQueen: The Last Mile. The actor had the classic moto meticulously restored by Southern California's Starklite Motors in the '70s and used it to zoom around the Hollywood Hills. It's estimated at an extremely reasonable $55,000 - $65,000. Also on offer is McQueen's original condition 1949 Chevy pickup which he used to travel incognito around Beverly Hills, wearing sunglasses and a big cowboy hat to dodge the paparazzi; it's estimated at $20,000 - $30,000.

[via Duncan Quinn]

Steve McQueen's 1940 Indian Chief at Auction originally appeared on Luxist on Wed, 11 Nov 2009 08:01:00 EST. Please see our terms for use of feeds.

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Bernie Madoff's Personal Effects Up For Auction

Deidre Woollard — Tue, 10 Nov 2009 01:23:00 EST

Filed under: Auctions

We've seen the houses and yachts go up for sale, now some of the smaller Madoff effects are ready to hit the auction block in an upcoming U.S. Marshals sale. Many of Madoff's pieces including his Rolex watches and a satin New York Mets jacket with the name 'Madoff' on the back in big orange letters are up for sale this weekend. The auction features flatware, furs, art, golf clubs and Mrs. Madoff's designer purses. Even Madoff's stationery and personalized Post-It notes are up for bid.

The pieces will be auctioned off through Gaston & Sheehan Auctioneers Inc. at 10 a.m. EST on November 14 at the Sheraton New York Hotel & Towers. Bidding will also be available online. The Wall Street Journal added up the over 200 lots which have an estimated value of around $500,000 but could go for more depending on just how badly people want a piece of this epic swindler. Check out CNBC's gallery of some of the items.

Bernie Madoff's Personal Effects Up For Auction originally appeared on Luxist on Tue, 10 Nov 2009 01:23:00 EST. Please see our terms for use of feeds.

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Sotheby's to Auction Celebrity Vuitton Trunks

Jared Paul Stern — Mon, 09 Nov 2009 11:01:00 EST

Filed under: Auctions, Charity, Celebrity Design

On November 17 in London Sotheby's and Louis Vuitton will co-host a gala charity auction of six limited-edition Special Orders Vuitton pieces to benefit the Red Cross and commemorate the organization's 150th anniversary. Since its creation in 1854, Vuitton's Special Orders department has made bespoke creations (see Karl Lagerfeld's here) to suit the whims of customers willing to pay for the perfect carrying case to suit their whims. For the Red Cross benefit sale, Vuitton created custom pieces for Damien Hirst (a butterfly armoire), chef Ferran Adrià (trolley case with knife tray), photographer Annie Leibovitz (camera bags), musician and composer Gustavo Santaolalla (instrument case), Vuitton creative director Marc Jacobs (dog carrier) and Patrick Louis Vuitton (alligator tool kit), the head of Vuitton's Special Orders department and a member of the fifth generation of the Vuitton family. Each piece was designed by Patrick-Louis Vuitton in collaboration with the celebrity, along with a special Red Cross medical kit trunk (above) with boxes for emergency supplies.

Sotheby's to Auction Celebrity Vuitton Trunks originally appeared on Luxist on Mon, 09 Nov 2009 11:01:00 EST. Please see our terms for use of feeds.

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Ruscha Print Sets New Record for Artist

Tom Johansmeyer — Sun, 08 Nov 2009 15:01:00 EST

Filed under: Auctions, Art

Celebrate if you own an Ed Ruscha print. At a Bohnams and Butterfield's auction last week, excited bidders pushed Standard Station (E.5) past its high estimate of $40,000 ... all the way to $170,000 and a new record for Ed Ruscha's work. The previous top spot for Ruscha was $133,000 for Hollywood, which was attained during the art boom in 2007.

The record-setting piece features a red gas station, an image now associated with Ruscha, and is #33 in an edition of 50 (a pretty large run). The strong auction performance follows an enormous retrospective held for the artist at London's Hayward Gallery and recognition by Americans for the Arts with its Artistic Excellence Award.

But, there's no prize so grand as an outstanding performance at auction.

Ruscha Print Sets New Record for Artist originally appeared on Luxist on Sun, 08 Nov 2009 15:01:00 EST. Please see our terms for use of feeds.

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Sotheby's Triples Christie's Result, Top Estimate Beat

Tom Johansmeyer — Thu, 05 Nov 2009 15:01:00 EST

Filed under: Auctions, Art

A big auction with major pieces actually beat the top-end estimate - when's the last time you heard that? Wednesday night at Sotheby's, the Impressionist sale brought in $181.8 million, thrashing the high estimate of $163 million and almost tripling the Christie's auction from November 3, 2009. It's also around three times the last equivalent sale by Sotheby's, which was back in May.

The Sotheby's auction was packed with notoriety. Conde Nast's top dog, S. I. Newhouse Jr., sent some work under the gavel, as did Louis Reijtenbagh. Artwork by Giacometti, Picasso and Renoir was sold. Sixty-six lots were offered, with only 10 failing to sell.

New York art dealer Helly Nahmad told Bloomberg News, "The art market is back," but that may be premature. Bidders were chasing the high-quality pieces, and it is tempting to believe that what auctioneer Tobias Meyer calls "a year of abstinence" is over. The fact that the Sotheby's auction was so much greater than that at Christie's, though, makes me want to see a few more sales before calling it a trend.

Continue reading Sotheby's Triples Christie's Result, Top Estimate Beat

Sotheby's Triples Christie's Result, Top Estimate Beat originally appeared on Luxist on Thu, 05 Nov 2009 15:01:00 EST. Please see our terms for use of feeds.

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Massive $12 Million Basquiat on Offer at Christie's

Jared Paul Stern — Thu, 05 Nov 2009 08:00:00 EST

Filed under: Auctions, Art

On Nov. 10 Christie's in New York will auction off an epic 15-ft. wide Jean-Michel Basquiat painting as part of its Post-War and Contemporary Art sale. The painting is expected to fetch up to $12 million. Brother Sausage (detail above), painted in 1983 and featured on the cover of Basquiat's catalogue raisonné, is a cartoon strip-like composition of six panels hinged together to form a narrative frieze of multiple drawings and Xeroxed overlays, each laden with themes of racial inequality and prejudice, wealth and corporate greed in a fame and consumer-obsessed American. Christie's notes the work is "steeped in Basquiat's signature style, raw energy and ingenious, loaded layering," exemplifying the artist at the pinnacle of his career. Also included in the auction are Andy Warhol's Tunafish Disaster, painted in 1963 and estimated at $6 - $8 million; and Jeff Koons' Large Vase of Flowers from 1991, estimated at $4 - $6 million.

[via JustLuxe]

Massive $12 Million Basquiat on Offer at Christie's originally appeared on Luxist on Thu, 05 Nov 2009 08:00:00 EST. Please see our terms for use of feeds.

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Asian Art Goes under the Gavel in London this Week

Tom Johansmeyer — Thu, 05 Nov 2009 05:02:00 EST

Filed under: Auctions, Art

Sotheby's and Christie's are heading east to seek their respective fortunes. The two auction houses are offering more than $26 million of Asian art this week in London. The lots themselves are attracting record numbers of buyers from mainland China, a section of the market that has shown signs of life this year. Chinese buyers were quite active in Hong Kong last month.

Nicholas Chow of Sotheby's told Bloomberg News, ""We've seen a really aggressive push from mainland Chinese collectors during the last season of sales" and that "they're buying things at the very highest level." An Imperial jade seal, for example, moved for GBP3.6 million on Tuesday, six times the high-end presale estimate.

On November 3, Christie's sold an aggregate GBP5.7 million, beating the presale estimate of GBP5.2 million. Of the 319 lots, a third didn't move. The top seller was an eighteenth century enamel model of a Buddhist shrine, which beat its presale range of GBP60,000 to GBP80,000 with a hammer sale of GBP229,250. Nine of the top 10 most expensive items went to buyers from Asia.

Collectors from mainland China are quite eager to repatriate art and other objects from their heritage, particularly the Qing and Ming dynasties ... a fact of which the auction houses are fully aware. Christie's sent 210 invitations to mainland Chinese for its 12th annual Asian Art in London event, which ends November 7, 2009. Sotheby's pursued a similar number of collectors. Bonhams has invited 30 new buyers from mainland China.

In October, the Sotheby's Hong Kong art auction was good for $170 million, with plenty of bidding and buying by mainland Chinese buyers.

Asian Art Goes under the Gavel in London this Week originally appeared on Luxist on Thu, 05 Nov 2009 05:02:00 EST. Please see our terms for use of feeds.

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Unique Porcelain-finish Ferrari 599 China Special Raises $1.77 Million at Charity Auction

Noah Joseph — Wed, 04 Nov 2009 21:01:00 EST

Filed under: Wheels, Auctions

Ferraris are particularly enticing purchases for the wealthy, but special Ferraris have proven themselves even more attractive to those with the means. Case in point this one-of-a-kind 599 GTB Fiorano which was hand-painted by Chinese artist Lu Hao on the pattern of the sought-after Ge Liln porcelain from the Song Dynasty. This unique example on which we reported last month is based on the limited-edition 599 China special, and was auctioned on Tuesday for the princely sum of $1.77 million to an unnamed collector in Shanghai. Proceeds go towards scholarships opportunities for Chinese automotive engineering students to continue their studies in Italy, along with a handful of other Ferrari memorabilia under the watchful eyes of the legendary Michael Schumacher, Ferrari executives and faculty from the beneficiary institutes.

Gallery: Hand-Painted Ferrari 599 China Special by Lu Hao

Unique Porcelain-finish Ferrari 599 China Special Raises $1.77 Million at Charity Auction originally appeared on Luxist on Wed, 04 Nov 2009 21:01:00 EST. Please see our terms for use of feeds.

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Yacht, Mercedes Part Of Failed Bank Auction

Deidre Woollard — Wed, 04 Nov 2009 20:01:00 EST

Filed under: Water, Wheels, Auctions

FDIC auctions of bank assets are generally pretty nondescript offering office chairs, computer equipment, banged-up file cabinets and other office supplies. But the assets of the bankrupt Community Bank of Nevada includes a 41-foot yacht. The 2005 41' Carver Cockpit motor yacht has cherry wood bulkheads and cabinetry, a wet bar with an ice maker on the deck and twin Volvo 375-horsepower gasoline-powered engines. The yacht is currently located in Newport Beach, California and bids are currently over $56,000. The named of the yacht? Happy Ending. Several cars are also part of the bank's assets. Also up for sale are a couple of of 2005 Chrysler PT Cruisers and a 2009 Scion XB decorated with bank decals. There is also a 2007 Mercedes-Benz S550 up for sale. No decals on that one.

[via Las Vegas Review-Journal]

Yacht, Mercedes Part Of Failed Bank Auction originally appeared on Luxist on Wed, 04 Nov 2009 20:01:00 EST. Please see our terms for use of feeds.

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Rare De Kooning Painting in Upcoming Bonhams Auction

Ariston Anderson — Wed, 04 Nov 2009 19:01:00 EST

Filed under: Auctions, Art

"Flesh was the reason oil painting was invented," proclaimed Dutch-born painter Willem de Kooning in 1950. It's no secret the influence women had in his work or in his success. In the early 1950s de Kooning began experimenting with the female form and landscapes, until the two subjects became inseparable. His painting Woman I launched him into overnight stardom when it was exhibited in New York in 1953.

Bonhams New York is presenting a rare work from 1965 that stems out of this period, Woman in a Landscape, in their upcoming Contemporary and Modern Art Sale. The painting builds on his previous work, but also reveals later influences such as contemporary Hollywood stars and Mesopotamian fertility goddesses. While de Kooning's own inner demons are clearly present in this work, it remains one of his gentler, more romantic portraits of the female sex. The fully-executed painting is rare for this period of de Kooning's work, and is thought to be a study for his 1966-67 painting, The Visit, which is housed in the Tate collection.

Woman in a Landscape is estimated at $400,000-$600,000.

The public is invited for a pre-sale viewing and reception of all works in the sale:
Monday Nov 9th 6-8 PM
Bonhams
580 Madison Avenue
New York, NY 10022

Sale takes place November 10th at 12 PM.

For more information visit Bonhams.com/contemporary.

Rare De Kooning Painting in Upcoming Bonhams Auction originally appeared on Luxist on Wed, 04 Nov 2009 19:01:00 EST. Please see our terms for use of feeds.

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$24,000 Bowmore Trilogy Stars in Christie's Spirits Sale

Jared Paul Stern — Wed, 04 Nov 2009 14:01:00 EST

Filed under: Spirits, Auctions

On Nov. 14 Christie's will auction fine spirits in New York for only the second time since Prohibition began in 1920, headlined by the first U.S. offering of the extremely rare 1964 Bowmore Trilogy of single malts estimated at up to $24,000. Some $2 million worth of wines and spirits will cross the auction block, including over 40 lots of carefully-curated whisky, bourbon, cognac, armagnac, and rum, plus a fine crop of champagne. The Bowmore Trilogy, comprised of White, Black and Gold Bowmore, was matured below sea level for 42 - 44 years at the famed distillery on Islay in Scotland. Other lots include the Ardbeg Double Barrel, a two-bottle lot sourced from two 1974 whisky barrels in a bespoke leather shotgun case with eight solid silver cups, estimated at $15,000 - $20,000, and a 100 year old armagnac from Baron de Sigognac, est. at $2,000 - $3,000.

[via Duncan Quinn]

$24,000 Bowmore Trilogy Stars in Christie's Spirits Sale originally appeared on Luxist on Wed, 04 Nov 2009 14:01:00 EST. Please see our terms for use of feeds.

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Collectors "Lapped up" Lehman Art

Tom Johansmeyer — Mon, 02 Nov 2009 22:01:00 EST

Filed under: Auctions, Art

Another chapter in the history of Lehman Brothers is now closed. At yesterday's auction, the artwork held by the once mighty financial institution fetched $1.35 million, almost double the $760,800 presale estimate by Freeman's Auctioneers. Nonetheless, it puts hardly a dent in the $250 billion that Lehman owes its creditors.

The auction lasted six hours and featured both fast-paced bidding and generous prices. Unsurprisingly, Roy Lichtenstein's Statue of Liberty print, titled "I Love Liberty," was the top lot at $49,000 (the presale estimate was only $25,000). Robert Indiana's "Polygons" prints brought in $23,750, almost four times the expectation. Every lot moved, the first time we've seen a 100 percent auction (high profile, at least) in a while.

Alasdair Nichol, vice chairman and auctioneer at Freeman's, cites "trophy hunting" as the driver behind Sunday's result. "What's not to like?" he said to Bloomberg News." "It's nice boardroom art, presented nicely, ready to go up on the walls. People lapped it up."

Collectors "Lapped up" Lehman Art originally appeared on Luxist on Mon, 02 Nov 2009 22:01:00 EST. Please see our terms for use of feeds.

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Tibet House US Benefit Auction at Christie's

Deidre Woollard — Sun, 01 Nov 2009 16:02:00 EST

Filed under: Auctions, Events, Charity

The 7th annual Tibet House US Benefit auction is taking place on November 18th at Christie's Auction House in New York City. The event is aimed at promoting and preserving Tibetan culture. Proceeds from the auction will be divided to sustain the Tibet House and another organization with like-minded initiatives. Some funds will support projects and programs spawned by the Tibet House in their mission of displaying and maintaining the ancient traditions of the Tibetan civilization. The event will also donate to Tibetan Children's Village an integrated educational community for destitute Tibetan children in exile located in Dharamsala, India. The fundraiser will also benefit the Tibetan Community of New York and New Jersey.

Items to be auctioned off include a package of four VIP concert tickets and a meet and greet backstage with Sting, internships at Rolling Stone and US Weekly, a private journey for two to Bhutan with guest accommodations, a luxury yacht cruise for seven to the Bahamas with a week long stay in a private house on the beach, lunch at the Four Seasons restaurant in New York City with Uma and Robert Thurman, shopping and lunch with Donna Karan at her store, John Lennon, Martin Scorsese, and Miles Davis memorabilia, a one-week stay in a villa on the French Riviera, contemporary art and photographs from Annie Leibovitz, Patti Smith, Ed Ruscha, Donald Baechler, and more. TIckets to the event are $225 per person with VIP tickets that include a preview and private reception available for $500.

Gallery: Tibet House Auction

Tibet House US Benefit Auction at Christie's originally appeared on Luxist on Sun, 01 Nov 2009 16:02:00 EST. Please see our terms for use of feeds.

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Elvis Presley Ring Up For Auction

Deidre Woollard — Sun, 01 Nov 2009 11:01:00 EST

Filed under: Jewelry, Auctions, Celebrity Shopping

The spontaneous generosity of Elvis Presley was legendary and launched thousands of stories. The 10 carat diamond ring shown above was given to fan Lloyd Perry in Asheville North Carolina at concert in 1975. This one-of-a-kind piece of Elvis Presley memorabilia will be sold at auction by Affiliated Auctions in Tallahassee, Florida on December 6th, 2009. Perry says that the piece was given to him when, four songs in to his 1.5 hour show Elvis tossed his Gibson guitar in to the audience. Perry and the man seated to his right both grabbed for the the guitar. Perry let the other man have the guitar and a few songs later Elvis Presley called Perry on stage, shook his hand and then took the diamond ring shown above from his own finger and handed it to Perry. The 10ctw diamond ring, consists of 19 four-prong set diamonds set in 14K yellow gold.

Elvis Presley Ring Up For Auction originally appeared on Luxist on Sun, 01 Nov 2009 11:01:00 EST. Please see our terms for use of feeds.

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