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December 21, 2006 

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Elvis Presley (AP Photo)
Elvis Piano Expected To Sell For Millions
Posted: December 15, 2006
TUPELO, MS (AP) -- If you want to buy a Knabe & Co. grand piano that once belonged to rock 'n' roll legend Elvis Presley, you'd better have a hefty bank account.

Presley's piano is being auctioned by and the new owner will be announced on Christmas Eve.

A Palm Springs, Calif., resident put up a bid of $225,100, but that struck a sour note.

"We just turned down an offer of $1 million for it," Daniel Jelladian, CEO of, told the Northeast Mississippi Daily Journal. "The guy called to ask us to stop the auction for $1 million."

What would it take to have the King's piano on your parlor? Jelladian said he expects the instrument to fetch more than $2 million.

John Lennon once said, "Before Elvis there was nothing." Lennon's own piano sold for $2.08 million.

"We're getting people contacting us from all over the world," Jelladian said. "We've gotten e-mails from Japan."

For now, the piano is at's headquarters in Fresno, Calif. It has been in private hands since 1990 and before that, it was housed at the Elvis O-Rama museum in Las Vegas, Jelladian said.

According to a history at, the piano was built in 1911. From the 1930s to 1957, it was in Memphis' Ellis Auditorium and Performance Hall, where it was played by musical greats such as W.C. Handy, Duke Ellington, Count Basie and Cab Calloway.

Elvis, a Tupelo native, bought it in 1957. The authenticity is guaranteed by the seller, and there are signed affidavits, photos and receipts posted at the auction site.

Jelladian said that while there can be only one top bidder for the piano, there's more Elvis memorabilia for those who miss out.

"We're planning another auction," Jelladian said. "We also have his guitar and his peacock jumpsuit and the suit he wore in 'Clambake."'

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