Presley seems to have had a penchant for giving away rings. Even his ersatz nemesis Robert Goulet (see lot 96) once described his penchant for generosity: "I remember once we sat together backstage for two hours. And he was a charming, delightful, delightful man. And at one point I said, “That’s a beautiful ring you have there.” He said “You like it?” I said, “It’s beautiful!” He took it off his hand and put it on mine. He gave me his ring."
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