Prices for Elvis memorabilia are cratering wrote Oobah Butler:

• Once upon a time people built retirement nest eggs on valuable Elvis goods. You could get as much as £25,000 ($32,000) if you had five original Sun singles.
• But prices have fallen. In 1998 a collector could hope to get £125 for the Take the Good Rockin’ Tonight EP. Today prices have fallen by an order of magnitude to about £13.50
• Demand is waning as fans of Elvis enter their 70s and 80s.
• Meanwhile supply is up as the goods of those hoping to cash in for retirement – or those who simply pass away – flood the market.
• The era of Elvis Presley as an icon is coming to a gentle end.

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