The eye-catching instrument was also featured on the cover of the “From Elvis in Memphis” album in 1969.
Presley, who died in 1977, has sold over 1 billion records worldwide.
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Live bidding will be held March 27.
Read the whole story here with more personal items from other stars up for auction:
https://www.cnn.com/2021/03/14/us/elvis-presley-1968-comeback-guitar-auction/index.html
CNN’s Marika Gerken contributed to this report.