Guns.com reported earlier this month that Elvis Presley’s Smith & Wesson revolver sold recently, but it actually sold in 2012 and will be back on the auction block in May.

The two lavish revolvers will be up for auction in May as part of a package that includes Presley’s diamond and ruby studded sheriff’s badge, the Elvis-signed contract to buy Graceland, and numerous personal files also signed by Presley.

According to the auction house, Presley bought the revolvers in 1970 from a Beverly Hills sporting goods store before sending them to Germany to be elaborately decorated. One was presented to Vice President Spiro Agnew as a gift but was returned a short time later while Agnew was being investigated for corruption.

“These revolvers are beautiful enough on their own to bring a great price, but when you add the iron-clad Elvis provenance things really get exciting. Authentic Elvis items can bring tremendous buzz and high totals at auction, so we’re anticipating a lot of action when these cross the block,” said RIAC president Kevin Hogan.

He added the pre-auction estimate for one revolver seen being held by Elvis in a period photograph is $160,000 – 275,000. The auction will take place May 5 – 7 at the Rock Island Auction facility and will be open to the public.

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