Elvis Presley Guitar Sells For $334,000

 A guitar that Elvis Presley was given by his father has sold for $334,000 (£230,000) at an auction in New York. It is thought that Vernon Presley changed the finish on the Gibson Dove to black after his son earned a black belt in karate.

Presley gave the guitar to a fan during a concert in North Carolina in 1975.
Auctioneers Julien’s also sold John Lennon’s handwritten lyrics for The Beatles’ Being For The Benefit of Mr Kite! for $354,400 (£244,000).

Other items in the sale included a red neoprene vinyl jacket which Michael Jackson wore for his 1996-97 History world tour, and Elvis Presley’s first piano.

The jacket sold for $256,000, over four times the pre-sale estimate, while the piano fetched $140,025 – about $60,000 under what had been predicted.

Lady Gaga’s first piano, which had been valued at $100,000, failed to find a buyer, as did Stevie Ray Vaughan’s Fender Broadcaster electric guitar, which was estimated at over $400,000.