RR Auction Home
Current Auction Is Open For Bidding
Home |Sitemap|Contact Us| Past Auctions  
 How to Bid   Register to Bid   Auctions   Consign   About Us   Featured Lots   Reviews 
Bidder Login
Show Password

New Bidder Registration
Forgot your password?

The Current Auction
Ends October 7th
Space & Aviation Auction Preview
Begins Oct 08
Advanced Search
By Item Number
Gallery Search
Past Auction Search
How Do I Bid?
What is BidTracker™?
New Bidder Registration
The 30-Minute Rule
Terms and Conditions
New to RR Auction?
About Us
Register to Bid
Jobs at RR Auction
Press Releases
Consign to RR Auction
How to Consign
2019-2020 Auction Calendar
Jan 8
Jan 16
Jan 23
Feb 5
Feb 13
Feb 21
Mar 4
Mar 12
Apr 8
Apr 16
May 13
May 21
Jun 10
Jun 18
Jul 8
Jul 16
Jul 23
Aug 12
Aug 20
Sep 9
Sep 11
Oct 7
Oct 15
Nov 11
Nov 19
Dec 9
Dec 17
  View All Dates & Deadlines

Item 5073 - Elvis Presley 1976 Karate Flag Catalog 540 (Nov 2018)

Back To Previous Page
(we are no longer accepting bids on this item)
Minimum Bid: $200.00
Sold Price: $1,754.20 (includes buyer's premium)


Impressive original 23.25 x 36.5 heraldic flag presented to Elvis Presley at the grand opening of his Presley Center Courts Racquetball Club on April 21, 1976. The custom-made gold fabric flag, created to promote a forthcoming Karate studio at the new racquetball club, features a large central embroidered design depicting two tigers facing an incarnation of Presley's TCB (Taking Care of Business) Karate emblem, with sewn text reading: "Elvis Presley Enterprises, Mendenhall at Mt. Moriah, Memphis, Tenn, USA, Faith-Spirit-Disciple, Disciple of Discipline, Tiger, Be Gentle as Lambs and as Strong as Tigers, Matters of Love, Matters of Honor! Karate." Additionally, the flag features two smaller TCB emblems, a decorative pattern with faux pearls and bronze and golden sequin embellishments, golden fringe trim, and golden and silver tinsel lettering to upper and lower portions: "The Beginning" and "Racquetball & Handball Courts, Elvis Presley, Chairman of the Board, April 21st, 1976." In fine condition, with some scattered stains.

In April 1976, Elvis entered into his sole business venture and investment—the Presley Center Courts Racquetball Club of Memphis, Tennessee. Without Presley or Col. Tom Parker overseeing its finances and development, the project quickly began to mount massive debts, and the courts were closed later that same summer, with the flag's proposed Karate club never coming to fruition. Presley's lifelong study of Karate began almost two decades earlier when he was drafted into the Army and stationed in Germany. From 1970-1974, Presley trained under Master Kang Rhee in Memphis, Tennessee, eventually receiving his 8th Degree San Black Belt certificate at a private ceremony on September 16, 1974. Like all of Master Rhee's students, Presley was required to select an animal title by which to be addressed during training; he first chose Mr. Panther, which, due to the political climate, was later changed to Mr. Tiger. A unique piece of Presley memorabilia relating to one of his greatest passions—artifacts from Presley’s lost racquetball club remain exceedingly rare.

Terms and abbreviations used in our descriptions.


Click image to enlarge Click image to enlarge

Important Information

Tips For Consignors


For a complete list of auction beginning and ending dates, check our dates and deadlines page.