Elvis Presley’s 1942 Martin D-18 acoustic guitar recently went up for auction with Gotta Have Rock and Roll, and now the iconic instrument has sold – for a whopping $1.32 million.
The sale price set a new record for a piece of Elvis memorabilia, and it’s not hard to understand why. Often referred to as Presley’s “Sun Sessions” guitar, he used the D-18 extensively while recording at Memphis’ Sun Studios and onstage between 1954 and 1956, and can be seen playing the acoustic in many photographs from the era.