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The Canadian Press - ONLINE EDITION

Elvis Presley's Rolex, Madonna's green silk corset feature in London sale

By: The Associated Press

Posted: 11/23/2012 9:20 AM | Comments: 0 | Last Modified: 11/23/2012 10:07 AM

A Christie's employee adjusts a mermaid outfit decorated with Swarovski crystals worn by Katy Perry, as also in picture are stage outfits worn by Madonna, left, and Mick Jagger, right, during a photocall at the auction rooms in London, Friday, Nov. 23, 2012. The outfit estimated at 2,000- 3,000 pounds ($3,200- 4,800) will go on sale in the Pop Culture auction on Nov. 29 in London. (AP Photo/Kirsty Wigglesworth)

LONDON - A watch which was one of Elvis Presley's last Christmas presents and a corset worn by Madonna on her 1990 "Blond Ambition" tour will be featured at a London auction.

The watch, estimated to sell for 6,000 pounds ($9,500) or more, is a diamond-set Rolex given to Presley by his longtime manager, Tom Parker. It is engraved, "Elvis merry Christmas your pal Col. Tom Parker." It was the last Christmas for Presley, who died the following year.

Madonna's corset by Jean-Paul Gaultier is of green silk with conical cups and beaded fringe, embroidered with candy stripes of opalescent sequins and peppermint bugle beads.

Christie's estimates that the corset will sell for at least 10,000 pounds.

Christie's previewed the sale on Friday. The auction will be on Thursday.

Online: http://www.christies.com

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