Elvis Presley's guitar from Hawaii concert to go up for auction

Elvis Presley's guitar from Hawaii concert to go up for auction

More than 120 authenticated artifacts will be going up for auction next month, including a classic piece of pop-culture.

Elvis Presley's "Gibson Ebony Dove" guitar is one of the pieces included in the auction and lucky fans have a chance at taking it home-- for a hefty price.

The guitar, which the "king" used during the 1973 "aloha from Hawaii" concert, is valued at $300,000 to $500,000.

The auction will take place at Graceland on January 7 on what would have been Presley's 81st birthday.

Fans are expected to gather at Graceland, Presley's Memphis home, for a cake-cutting ceremony on January 8.