News - Elvis Presley's famous blue suede shoes sell for more than $150,000 in auction

When Elvis Presley’s debut album took the charts by storm in 1956, “Blue Suede Shoes” was its opening track, CNN reports. Now, the King’s very own blue suede shoes have sold for the princely sum of £120,000 (around $152,000) after they went up for grabs at British auction house Henry Aldridge and Son. Bidding for the shoes, which were described as “an iconic lot of showbusiness memorabilia that simply transcends 20th century popular culture,” began at £55,000 (around $69,600). The shoes were bought by a client from California, Henry Aldridge and Son told CNN. Presley wore the shoes while singing “I Want You, I Need You, I Love You” and “Hound Dog” on “The Steve Allen Show” in 1956, according to the auctioneer, and gave them to his friend Alan Fortas in 1958, the night before leaving for the US Army. The lot was accompanied by a letter of authenticity hand-signed by Velvet, as well as a letter by Fortas, which describes the events of the evening he was given the shoes.