Elvis Presley’s Private Jets Up For Auction

Elvis Presley fans now have a chance to find out what feels like to fly as the King. The rock ’n’ roll legend’s two personal luxury jets are up for sale in a sealed bid auction at Julien’s Auctions, a Beverly Hills, California-based auction house that specializes in entertainment memorabilia.

The two planes, called the Lisa Marie and the Hound Dog II, are expected to fetch between $10 million and $15 million, the auction house said. They have been on display at Graceland, Presley’s estate in Memphis, Tennessee, for the past 30 years.

Presley bought the two jets, which are no longer airworthy, in 1975, just two years before his death. The Lisa Marie, named after Presley’s daughter, is a Convair 880 that he purchased from Delta Air Lines for $250,000. The plane can seat 29 people.

Presley spent more than the cost of the Lisa Marie itself to outfit it with luxuries such as a custom queen-size bed, a bathroom with gold faucets and washbasin, a stereo system with 50 speakers and a conference room. Presley had the plane painted red, white and blue and emblazoned with his motto “TCB” -- which stands for “Takin’ Care of Business.” After refurbishing, the Lisa Marie was valued at $600,000. The current interior of the plane is the original interior that Presley had installed.

“It gives us an insight into how he lived and how Elvis, the King, traveled, and the lifestyle he lived, on board the Lisa Marie,” Martin Nolan, executive director of Julien’s Auctions, said in a video posted on YouTube.

While waiting for the refurbishment of the Lisa Marie, Presley bought the Hound Dog II, a Lockheed JetStar, for $900,000. The Hound Dog II seats from eight to 10 people.

The planes are up for auction in the sealed bidding process through Feb. 2. Buyers have the option of also purchasing several acres of land adjacent to the Graceland estate to display the planes.