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Elvis Presley's 1942 Martin D-18 guitar sells for $1.32M at auction

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Gotta Have Rock and Roll made history Saturday by auctioning off the most expensive Elvis Presley memorabilia ever sold - The King's 1942 Martin D-18 guitar.A wealthy mystery fan bought the vintage instrument for $1.32M, according to TMZ, rather than the expected $2M-$3M price.The three-time Grammy winner originally bought his 'Sun Sessions' guitar back in 1954 at O.K.

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