The spontaneous generosity of Elvis Presley was legendary and launched thousands of stories. The 10 carat diamond ring shown above was given to fan Lloyd Perry in Asheville North Carolina at concert in 1975. This one-of-a-kind piece of Elvis Presley memorabilia will be sold at auction by Affiliated Auctions in Tallahassee, Florida on December 6th, 2009. Perry says that the piece was given to him when, four songs in to his 1.5 hour show Elvis tossed his Gibson guitar in to the audience. Perry and the man seated to his right both grabbed for the guitar. Perry let the other man have the guitar and a few songs later Elvis Presley called Perry on stage, shook his hand and then took the diamond ring shown above from his own finger and handed it to Perry. The 10ctw diamond ring, consists of 19 four-prong set diamonds set in 14K yellow gold.
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