A 1969 Custom Gibson Ebony Dove guitar played by Elvis Presley at his Aloha From Hawaii concert in 1973 was auctioned for $270,000 (Â£184,670) on 7 January at the late singers Graceland home in Memphis. The guitar was expected to fetch between $300,000-500,000, according to organisers.
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IBTimes UKs music reporter Alicia Adejobi brings you the latest news from the charts.
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