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Lot 105: Lisa Marie Presley's Sparkling 10+ Carat Diamond Bulgari Engagement Ring from Nicolas Cage

The Auction at Graceland - October 29, 2016

by The Auction at Graceland

October 29, 2016

Memphis, TN, USA

Live Auction
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  • Lisa Marie Presley's Sparkling 10+ Carat Diamond Bulgari Engagement Ring from Nicolas Cage
  • Lisa Marie Presley's Sparkling 10+ Carat Diamond Bulgari Engagement Ring from Nicolas Cage
  • Lisa Marie Presley's Sparkling 10+ Carat Diamond Bulgari Engagement Ring from Nicolas Cage
  • Lisa Marie Presley's Sparkling 10+ Carat Diamond Bulgari Engagement Ring from Nicolas Cage
  • Lisa Marie Presley's Sparkling 10+ Carat Diamond Bulgari Engagement Ring from Nicolas Cage
  • Lisa Marie Presley's Sparkling 10+ Carat Diamond Bulgari Engagement Ring from Nicolas Cage
   
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Description:

The fabled ring that made headlines around the globe could be yours! Lisa Marie Presley, the only child of Elvis Presley and actress/author/producer Priscilla Presley, has lived her life in fame and remained in the limelight–and in the hearts of fans–for decades. She has also followed in her famous father's footsteps with her own musical career.

This was a romance from which fairytales are made: charming, good looking actor is thunderstruck by beautiful singer and falls quickly head-over-heels in love… a true story of love at first sight. Actor Nicolas Cage was bewitched by Lisa Marie Presley and proposed marriage one summer, with the engagement lasting a mere 10 days before vows were exchanged. It was a whirlwind romance that started when the two met at a party, but this fairytale was short-lived and their marriage lasted just over 100 days, with the two realizing that their similarly strong personalities could not be tamed, and the pair were better off simply as friends.

During their swift engagement, Nick took Lisa for a cruise on his yacht, named after his son Weston, in order to swoon his soon-to-be bride. The couple encountered some onboard storms, and in the rough waves of emotion, Lisa Marie's engagement ring found its way overboard. Nick quickly called in a cavalry of divers to retrieve the precious stone, but their efforts were in vain and the ring remains among one of the great treasures lost at sea.

Many have ruminated over the years on the details of the events surrounding the ring's trajectory overboard, and much press has surrounded this incident. However, with the only witnesses keeping the details secret, the particulars of this mishap will remain a mystery, and like any good tale, will continue provoking speculation for years to come.

But the story does not end there. With the wedding just days away, Nick promptly replaced the engagement ring with an even brighter and more sparkling diamond to symbolize the brilliance of his love and devotion. It was this very ring that adorned the finger of his stunning bride on their wedding day in Hawaii on August 10, 2002, and is currently being offered herewith.

It is said that a "diamond is forever," and a valuable diamond ring is a treasure for any woman. This magnificent example is legendary in its own right, with a story that will always be emblazoned in entertainment and Hollywood history. A true piece of history with a provenance, outshined perhaps only by the Hope diamond, the tale of this engagement ring from Nicolas Cage gifted to Lisa Marie Presley will certainly last as long as the prized diamond itself - €“forever.

This 10.44 carat, natural, fancy light yellow, cut-cornered rectangular modified brilliant diamond grades SI1, measures 14.16 x 11.47 x 6.98 mm and is cradled in a 14-karat yellow gold Bulgari setting with two triangular-shaped shoulder stones with a total weight of approximately 2.90 carats and each measuring approximately 8.9 mm. The stunning ring measures size 6 1/4, weights a total of 8.6 grams and is stamped "Bulgari" inside the band. This magnificent engagement ring is accompanied by a copy of a GIA certificate numbered 2171509216 and a letter of authenticity from Graceland Authenticated. A portion of the proceeds will be donated to the Elvis Presley Charitable Foundation

The Elvis Presley Charitable Foundation and Graceland Auctions
The Elvis Presley Charitable Foundation (EPCF), a 501(c)3 organization, was formed by Graceland/Elvis Presley Enterprises, Inc. in 1984 to continue Elvis’ own tradition of generosity and community service, and to honor his memory. All of the EPCF’s funds are used for charitable donations — nothing is deducted for staffing or other operating costs. The foundation has assisted numerous charities over the years and has a longstanding relationship with the College of Communications and Fine Arts at the University of Memphis where the Elvis Presley Endowed Scholarship Fund was created. Also, dear to Elvis’ heart, the foundation has supported outstanding Memphis-based charitable organizations, including St. Jude Children’s Research Hospital and the National Civil Rights Museum. 

The foundation receives a portion of its overall income of Graceland/Elvis Presley Enterprises, Inc.  A meaningful amount of the EPCF’s funding also comes from donations made by Elvis fan clubs and individual Elvis fans and admirers from around the world.
Graceland Auctions is eager to contribute to this legacy of giving and will now provide a forum for fans and collectors to contribute a portion of the proceeds from the sale of their artifacts to the Elvis Presley Charitable Foundation. 

Like her father, Lisa Marie Presley believes strongly in this spirit of giving, and the foundation is close to her heart.   She will launch this Graceland Auctions initiative by donating a portion of the proceeds from the four pieces of her personal jewelry to the foundation.

If you wish to participate in this worthy cause by donating a portion of your auction proceeds to the Elvis Presley Charitable Foundation, please contact us today. Join the movement to help others and keep Elvis’ tradition of giving alive.

Condition Report: The ring shows minimal wear. Excellent to Mint condition.

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