A square clock face is encircled by 26 round white diamonds on the gold watch.
Elvis-mania has begun to take hold in the run-up to the splashy biopic “Elvis,” which premieres in theaters on June 24.
At Cannes, the film received a 12-minute standing ovation. Cease-and-desist orders were no longer issued to Las Vegas chapels to halt Elvis impersonator weddings.
The “Ultimate Elvis Experience,” a special two-night stay at the Guest House at Graceland, Memphis’ birthplace of “The King,” includes behind-the-scenes tours of attractions like the Presley Motors Museum, chauffeured vintage Cadillac rides, an advanced screening of the film with a surprise cast member, and a souvenir Elvis-themed Gibson Epiphone guitar. M.S. Rau, a luxury gallery in New Orleans, is offering fancy one-of-a-kind Elvis memorabilia. A $495,00 diamond-studded gold watch originally worn by Elvis Presley is among the items on display. A 14-carat yellow gold jagged wristband and a square clock face ringed by 26 round white diamonds adorn the Swiss-made Ebel wristwatch.
He handed the watch to J.D. Sumner, an American gospel singer, in 1974, and his band traveled with Presley until his death in 1977.
A $24,850 blue lapis cabochon ring set in 14-carat yellow gold that Presley gave to his bodyguard is among the other pieces.
The jewelry is classic Elvis. A big gold nugget, heavy and over-the-top, as far away from conservative as it gets, said M.S. Rau owner Bill Rau.
According to Rau, the market for vintage luxury men’s watches is growing. When Paul Newman’s Rolex Daytona sold for $17.8 million at Phillips auction house in New York City in 2017, it set a new record.
However, the luxury goods market has seen significant growth in most categories over the last few years, particularly in 2021. Shoppers who were stranded at home for months due to the epidemic had more cash on hand than usual and were more likely to spend it shopping.
Hugh Brian Duffy, chief executive officer of Watches of Switzerland Group Plc, stated in May that the surge in demand for Rolex watches—and a scarcity of supply—has sparked interest in other high-end timepieces.
