Elvis Presley-owned guitar sells for $ 500,000

The guitar of the King of Rock and Roll Elvis Presley was again sold at auction yesterday for $ 500,000, Report informs, citing foreign press.

The guitar, made in January 1968 in Almadalen, Sweden, was delivered to Presley in February. However, at that time, the name of the buyer was not disclosed to the public.

Earlier, Presley's guitar was sold in 2003 for $ 29,375.