Elvis Presley's tour bus to make $200,000?

Elvis Presley's tour bus is among the headline lots of an upcoming major sale of his memorabilia.

The sale is to be held by Julien's Auctions at the Hard Rock Café in New York on May 16.  

Elvis tour bus
Elvis bought the tour bus for his backing band in 1976

Elvis bought the bus in 1976, one year before he died. It displays the TCB ("Taking Care of Business") logo, which was both Elvis' maxim and the name of his backing band.

The $100,000-200,000-valued bus is accompanied by the original $25,000 cheque he used to make the down payment.

Other lots in the sale include the shirt he wore during his first ever live performance, in 1954 (valued at $25,000-35,000).

Julien's comments: "The collection represents a vast array of personal and professional items detailing the King's life and career.

"Presley, who would have been 80 years old this year, remains the most iconic performer of the century with fans from around the world devoted to his memory and legacy.

"It was John Lennon who said 'Nothing really affected me until I heard Elvis. If there hadn't been an Elvis there wouldn't have been The Beatles.'"

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