Elvis aficionados who’d like to own something special that belonged to the King of Rock n’ Roll, a very important auction is coming up. Julien’s Auctions has announced the rare opportunity to own Elvis Presley’s two luxury jets. 1975 Convair 880 jet – “Lisa Marie” (named for his daughter) and a Lockheed Jetstar – “Hound Dog II” are expected to fetch between $10 and $15 million when go under the hammer. They have been on display at Graceland, Presley’s estate in Memphis, Tennessee, for the past 30 years.
Elvis purchased the Convair 880 Jet from Delta Airlines on April 17, 1975 for the then very substantial amount of $250,000. After refurbishing it, the total exceeded $600,000, and he then immediately rechristened it the “Lisa Marie” in honor of his only daughter. The redesigned jet became an airworthy mix of modern function and amazing style fit for such a king. It was customized to include plush sleeping quarters, a penthouse bedroom with a custom-made queen size bed, an executive bathroom with gold faucets and gold washbasin, a videotape system linked to four televisions and a stereo system with fifty speakers and a conference room. The tail section of the plane featured Presley’s trademark — “TCB” — for “Taking Care of Business.” The color scheme was personally chosen by Elvis himself. The “Lisa Marie” had its last flight when Priscilla Presley, former wife of Elvis Presley, and actor George Hamilton used it to attend Elvis’ funeral.
Presley bought the eight-to-10 passenger “Hound Dog II”, a Lockheed Jetstar, also in 1975 for about $900,000 while waiting for the Lisa Marie to be renovated. “Hound Dog II” was bought by OKC Partnership and transported to Graceland in 1984 after the “Lisa Marie” arrived.
Buyers also have the option to purchase several acres of land adjacent to the Graceland estate as a continued home for the jets, which are no longer airworthy.