Elvis Presley's diamond and platinum wedding ring is set to be auctioned off to the highest bidder when it goes under the hammer in Hollywood. The King's ring will be one item in a cache of movie and TV memorabilia sold off at the Profiles In History auction house on 14 and 15 December (06). The wedding ring, which is decorated with eight baguette-cut diamonds within a border of 16 diamonds, is expected to fetch between $100,000 (GBP51,280) and $150,000 (GBP77,000) when it goes under the hammer next week. Profiles In History owner JOE MADDALENA says, "This is truly a once-in-a-lifetime opportunity to own a true piece of pop culture history." Also up for sale at the auction is Bert Lahr's original COWARDLY LION costume from 1939 movie The Wizard of Oz and James Dean's switchblade from Rebel Without a Cause.