The 1962 red Lockheed JetStarOne, which has been referred to as the ‘lost’ jet, is expected to fetch between $2million and $3.5million, according to liveauctioneers.com, which is the site handling the bidding.
The aircraft is one of three jets owned by the King of Rock and Roll throughout his lifetime, and was particularly special to him as he owned it with his father, Vernon Presley.
‘This aircraft has never been restored and features original external painting and detailing, as well as original interior,’ the listing reads.
‘The interior was custom designed to Elvis’ specifications. Down to the gold-tone, woodwork, inlay and red velvet seats and red shag carpet.’
The jet is currently owned by a private collector, who has not been named.
The owner has kept the collectors’ item its original condition all this time.
This rare airplane is one of only 204 aircraft manufactured between 1957 and 1978 in a private collaboration between Jetstar and Lockheed.
The cockpit, along with the rest of the jet, has never been restored.
The bidding has already started with a $10,000 offer, despite the fact that the plane currently does not have any engines.