Lot 88: 1964 Rolls Royce Phantom V Credit Application Signed by Elvis Presley and Related Letter Signed by Vernon Presley
October 29, 2016
Memphis, TN, USALive Auction
As evidence of his meteoric rise to fame, the offered documents relate to Elvis' purchase of a 1964 Rolls Royce Phantom V and were signed by Elvis in August 1963. Shortly after purchasing the car, Elvis sent the vehicle to the well-renowned coachbuilder James Young to have the limousine outfitted with the latest gadgets, including a telephone, electric windows, a microphone, a Blaupunkt Koln radio, air conditioning and flashing lights. The car, originally midnight blue, was repainted a light silver, purportedly because Gladys' chickens kept pecking at the blue paint. Elvis kept the car for five years before donating it to charity. The documents relating to this sleek customized vehicle include an Application for Credit: Automobiles and Mobile Homes from Citizens National Bank; a letter from Citizens National Bank to Vernon regarding the insurance coverage; and a return letter from Vernon.
The dealer executing the credit agreement on August 20, 1963, was Peter Satori of Beverly Hills and the form has been completed with Elvis' address as 525 Perugia Way in Los Angeles, his time of residence at that address as 1 1/2 years, his phone number as 6R6-2875, and his "Kind of Business" as entertainer, with position listed as singer. Elvis' insurer is Lloyd's of London and the automobile is described as a 1964 Rolls Royce Ph. V, Serial No: 5LVA55.
The application is offered with an onionskin letter from J. Voorzanger at Citizens National Bank to Vernon Presley, dated October 11, 1963, relaying that their request for the insurance policy from Lloyd's of London had gone unanswered and as such Elvis had instructed Mr. Voorzanger to contact Vernon regarding this matter. Also included is Vernon Presley's response letter to J. Voorzanger, dated October 14, 1963, stating that the policy had been mailed by the insurance agency the same day that Mr. Voorzanger's letter was mailed and that it should have reached his office.
These three documents are a great glimpse at the day-to-day business dealings in the lives of Elvis and Vernon Presley. The documents each measure approximately 8 1/2 by 11 inches (21.6 x 27.9 cm) and are accompanied by a letter of authenticity from Graceland Authenticated.
Condition Report: The documents show only mild age-related toning, with original mailing folds on the letters. The Elvis signature is bold in blue ink. Excellent condition overall.