Elvis Presley's handgun and 'Viva Las Vegas' film jacket among auction items

Elvis' handgun had an estimated sale price of between $100,000 and $125,000. Credit: Reuters

Elvis Presley's personal handgun and a jacket he wore in the 1964 film "Viva Las Vegas" are among 150 of his former possessions being auctioned.

The items are being sold to bidders at the king of rock 'n' roll's Graceland home in Memphis and are expected to fetch a combined total of around $1 million.

Potential buyers queued up to buy $20 tickets to gain access to the auction at the mansion where Elvis died on August 16, 1977.

Elvis' gun, which is engraved "Elvis" and "TCB," meaning "taking care of business", had an estimated sale price of between $100,000 (£64,000) and $125,000 (£80,000).

Elvis wore the bone-colored, three-button, no-lapel jacket in the Credit: Reuters

His bone-colored, three-button, no-lapel jacket from the "Viva Las Vegas" dance scene with Ann-Margret was expected to sell for between $30,000 (£19,000) to $50,000 (£32,000).

Jeff Marren, consignment director for Graceland Auctions, said: "It's an exciting sale. I think it's going to do real well.

"It spans Elvis' life on screen and on stage. It could do as much as $1 million."

Also up for bids were a "TCB" diamond and gold necklace given to Elvis by fellow Las Vegas entertainer Sammy Davis Jr. and a gold owl-shaped ring Elvis presented to a fan from onstage.