Elvis Presley's Graceland Mansion Auction Postponed

Judge Issues Temporary Injunction

Original Auction Scheduled for August 12th Canceled

Graceland, the iconic mansion of Elvis Presley in Memphis, Tennessee, will not be up for sale after a judge issued a temporary injunction stopping the planned auction. The mansion was set to be auctioned off on August 12th, but the auction has now been canceled.

The auction was being held by Graceland Auctions, a company that has been working with Elvis Presley Enterprises to sell off a collection of the singer's artifacts. The auction was expected to bring in millions of dollars, with some of the items expected to sell for more than $100,000.

However, the auction was halted after a judge ruled that the auction company did not have the right to sell Graceland. The judge's ruling came after a lawsuit was filed by Elvis Presley's daughter, Lisa Marie Presley.

In her lawsuit, Lisa Marie Presley argued that Graceland is a historic landmark and that it should not be sold. She also argued that the auction company did not have the right to sell the mansion because it was not owned by Elvis Presley at the time of his death.

The judge agreed with Lisa Marie Presley's arguments and issued a temporary injunction stopping the auction. The injunction will remain in place until a trial can be held to determine who owns Graceland.

The auction's postponement is a major setback for Graceland Auctions. The company had spent months promoting the auction and had expected to make a significant profit from the sale of the mansion.

It is unclear when or if the auction will be rescheduled. The judge's ruling could set a precedent that makes it difficult to sell historic landmarks in the future.