Lot 88: 1964 Rolls Royce Phantom V Credit Application Signed by Elvis Presley and Related Letter Signed by Vernon Presley

The Auction at Graceland

October 29, 2016
Memphis, TN, US

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Description:

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.
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Accepted forms of payment: MasterCard, Money Order / Cashiers Check, Paypal, Personal Check, Visa, Wire Transfer
Shipping: Although shipping is the responsibility of the purchaser, we would recommend the following shippers to assist with arranging for packing and transport of any lots won in the auction. They are specialists in the field and can work directly with you to make full arrangements. They are happy to provide preliminary shipping estimates so please feel free to reach out to them directly.


UPS Store #0869
6025 Stage Road, Ste 42
Bartlett, TN 38134
T: (901) 385-8701
Contact: Robert Brown
store0869@theupsstore.com
www.theUPSStorelocal.com/0869

Lisa Fisher-Wood
Fine Arts Coordinator
Mallory Alexander International Logistics
4294 Swinnea Road, Memphis, TN 38118
LisaF@mallorygroup.com
Phone: Ofc) 901-370-4303 Cell) 901-493-6596.
www.mallorygroup.com

LR International Inc.
www.lrinternational.com
3720 River Road | Suite 300
Franklin Park, IL 60131 USA
T: 630-350-7100
F: 630-350-7101
Contact: Jerry Pohlman
jerryp@lrinternational.com

All items for this auction are located at Graceland Archives Warehouse in Memphis, TN. Auction A Circle, LLC does not ship. As a buyer, you are responsible for the pick up or shipment of the property you have purchased. As a courtesy, Auction A Circle, LLC has made arrangements with a variety of third party shippers to provide shipping quotes for buyers. Please note that shipping remains the responsibility of the buyer and it is highly recommended that you get quotes prior to the auction for large, fragile, or heavy items so you can consider the shipping costs before bidding. Under no circumstances will Auction A Circle, LLC be held responsible for items entrusted to a third party shipper. Purchaser agrees that packing and shipping is done at the purchaser's risk and that the purchaser will pay for all packing expenses, materials, carrier fees and insurance charges. Auction A Circle, LLC will have no liability for any loss or damage to shipped items. If any employee or agent of Auction A Circle, LLC is requested and agrees to pack or transport the merchandise, it is fully at the risk, responsibility and expense of the purchaser and Auction A Circle, LLC shall not be liable for any loss or damage that may be caused by such employee or agent. The purchase price and all fees must be paid in full before items will be released to the buyer or their agent.

Shipping small items by common carrier (UPS, FedEx, DHL, USPS): Auction A Circle, LLC has engaged shippers to pick up several times a week from Auction A Circle, LLC's facilities. Auction A Circle, LLC's recommended shippers for small items are LR International, Mallory Alexander International Logistics and UPS Store #0869. Once Auction A Circle, LLC received your payment and the completed shipping form authorizing the release of your property to the shipper, Auction A Circle, LLC will add your lot(s) to the list for the next pick up. You will receive a shipping quote for you approval within 48 hours after the shipper has picked up your lot(s). If for any reason the quote is unacceptable to you, your property will be returned to Auction A Circle, LLC so you can make alternate arrangements.

Shipping larger items by freight (e.g. furniture, bulky or odd shaped items, etc.): Auction A Circle, LLC can provide assistance in arranging for delivery by freight for items that exceed allowable dimensions or weight restrictions of UPS, Fed Ex and similar carriers. Depending on the location, Auction A Circle, LLC can recommend a variety of third party shippers. Auction A Circle, LLC is also happy to work with the freight company of your choosing. Please keep in mind that delivery of these types of items can be an expensive proposition and Auction A Circle, LLC urges you to consider this before bidding. Please remember that it is your responsibility to pay for all deliveries.
All property should be removed from the premises within 30 days unless prior arrangements have been made with Auction A Circle, LLC. Purchased items not picked up from the auction facility within 30 days of the auction will be assessed a storage and administrative fee of 1% per month of the total purchase price from the 30th day after the sale until its removal, and a minimum fee of 3% of the total purchase price for any property not removed within 90 days after the sale. Alternatively, for any property not removed within 180 days after the sale, the property may be resold without reserve and the proceeds remitted to the purchaser less all applicable charges, premiums and fees due and owing to Auction A Circle, LLC.
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Payment: Invoices will be emailed within 48 hours of the close of the auction. Payment for all winning bids must be settled within 15 days of sale, unless otherwise agreed upon in writing. Payment may be made by cash (In House Only), bank wire transfer, certified funds, credit card, check or PayPal. Auction A Circle, LLC reserves the right to require payment by bank wire transfer or certified funds. Where permitted by law, a convenience charge of 3.5% will be reflected in the final purchase price for the use of a credit card.
Shipping Terms: Although shipping is the responsibility of the purchaser, we would recommend the following shippers to assist with arranging for packing and transport of any lots won in the auction. They are specialists in the field and can work directly with you to make full arrangements. They are happy to provide preliminary shipping estimates so please feel free to reach out to them directly.


UPS Store #0869
6025 Stage Road, Ste 42
Bartlett, TN 38134
T: (901) 385-8701
Contact: Robert Brown
store0869@theupsstore.com
www.theUPSStorelocal.com/0869

Lisa Fisher-Wood
Fine Arts Coordinator
Mallory Alexander International Logistics
4294 Swinnea Road, Memphis, TN 38118
LisaF@mallorygroup.com
Phone: Ofc) 901-370-4303 Cell) 901-493-6596.
www.mallorygroup.com

LR International Inc.
www.lrinternational.com
3720 River Road | Suite 300
Franklin Park, IL 60131 USA
T: 630-350-7100
F: 630-350-7101
Contact: Jerry Pohlman
jerryp@lrinternational.com

All items for this auction are located at Graceland Archives Warehouse in Memphis, TN. Auction A Circle, LLC does not ship. As a buyer, you are responsible for the pick up or shipment of the property you have purchased. As a courtesy, Auction A Circle, LLC has made arrangements with a variety of third party shippers to provide shipping quotes for buyers. Please note that shipping remains the responsibility of the buyer and it is highly recommended that you get quotes prior to the auction for large, fragile, or heavy items so you can consider the shipping costs before bidding. Under no circumstances will Auction A Circle, LLC be held responsible for items entrusted to a third party shipper. Purchaser agrees that packing and shipping is done at the purchaser's risk and that the purchaser will pay for all packing expenses, materials, carrier fees and insurance charges. Auction A Circle, LLC will have no liability for any loss or damage to shipped items. If any employee or agent of Auction A Circle, LLC is requested and agrees to pack or transport the merchandise, it is fully at the risk, responsibility and expense of the purchaser and Auction A Circle, LLC shall not be liable for any loss or damage that may be caused by such employee or agent. The purchase price and all fees must be paid in full before items will be released to the buyer or their agent.

Shipping small items by common carrier (UPS, FedEx, DHL, USPS): Auction A Circle, LLC has engaged shippers to pick up several times a week from Auction A Circle, LLC's facilities. Auction A Circle, LLC's recommended shippers for small items are LR International, Mallory Alexander International Logistics and UPS Store #0869. Once Auction A Circle, LLC received your payment and the completed shipping form authorizing the release of your property to the shipper, Auction A Circle, LLC will add your lot(s) to the list for the next pick up. You will receive a shipping quote for you approval within 48 hours after the shipper has picked up your lot(s). If for any reason the quote is unacceptable to you, your property will be returned to Auction A Circle, LLC so you can make alternate arrangements.

Shipping larger items by freight (e.g. furniture, bulky or odd shaped items, etc.): Auction A Circle, LLC can provide assistance in arranging for delivery by freight for items that exceed allowable dimensions or weight restrictions of UPS, Fed Ex and similar carriers. Depending on the location, Auction A Circle, LLC can recommend a variety of third party shippers. Auction A Circle, LLC is also happy to work with the freight company of your choosing. Please keep in mind that delivery of these types of items can be an expensive proposition and Auction A Circle, LLC urges you to consider this before bidding. Please remember that it is your responsibility to pay for all deliveries.
All property should be removed from the premises within 30 days unless prior arrangements have been made with Auction A Circle, LLC. Purchased items not picked up from the auction facility within 30 days of the auction will be assessed a storage and administrative fee of 1% per month of the total purchase price from the 30th day after the sale until its removal, and a minimum fee of 3% of the total purchase price for any property not removed within 90 days after the sale. Alternatively, for any property not removed within 180 days after the sale, the property may be resold without reserve and the proceeds remitted to the purchaser less all applicable charges, premiums and fees due and owing to Auction A Circle, LLC.
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