Coming up for auction by Heritage Auction Galleries on June 5-6, 2009 is Elvis's personally owned and used guitar as seen in the movie Follow That Dream (1962). Elvis is seen playing the guitar during the final song of the film - "Angel". This item was previously on display at the Warner Bros. Museum in Hollywood.
Item description from Heritage contains an interesting story:
Elvis Presley Owned and Used Guitar.
Owned and used by Elvis Presley, this Italian-made acoustic guitar was previously a crowd-pleaser at the Warner Bros. Museum in Hollywood.
Its background offers a touching story: Elvis played this guitar as he sang "Angel," the final song in Follow That Dream (1962), and another musician played it (Elvis at one point touches it) in Kid Galahad (1962). Elvis became friends with a prop man who worked on both films and presented him the guitar, and the prop man consequently gave it to his young son, who idolized "The King". The boy cherished this guitar until his premature death a few years ago, at which time his widow put the instrument on display at the Warner Bros. Museum. She has since decided to part with it, hoping the guitar will find a new owner who will appreciate its distinction as deeply as her husband did. This 3/4-style guitar, 38" long and in Very Fine condition aside from a minor ding about the size of a dime and approximately 2" from the upper-face edge. Accompanying the item is a black Gibson guitar case (not the original) with deep purple lining. A remarkably rare Elvis artifact that gives testimony to his talent, generosity, and the devotion he still inspires three decades after his death. Click here to watch Elvis playing this guitar.