Elvis Presley's 'Taking Care of Business' ring is set to go up for auction.

Elvis Presley

Elvis Presley

The King of Rock and Roll wore the ring for years before passing it onto J.D. Sumner during a gig, and it's now poised to go under the hammer at the Artifacts of Hollywood and Music auction on November 28.

The upcoming event will actually be the largest entertainment memorabilia auction in the history of GWS Auctions, with more than 300 items being put up for sale.

Other notable artefacts set to be sold include Elvis' 1975 FLH 1200 Harley Davidson, which the late music icon drove around Graceland.

Personal items from Elvis’ Hollywood home will also be auctioned off, including art, figurines, clothing, and bed linens.

Looking forward to the event, auctioneer Dame Brigitte Kruse said: "This is the biggest entertainment memorabilia auction we have ever done and includes the most coveted ring in Elvis Presley history.

"He designed it, he wore it, and it was the first! His motorcycle, contents from his Hollywood home, and many personal items are all part of this massive collection."

What's more, the auction will feature various items from other big-name stars from the entertainment industry, including Eric Clapton and Marilyn Monroe.

The auctioneer said: "We also have an extremely rare collection of master audio tapes from Woodstock, a Van Halen MTV Music Award, Stevie Ray Vaughan’s guitar, Eric Clapton’s prototype guitar, and personal items of Marilyn Monroe, Robin Williams, The Rolling Stones and so much more.

"Car and Film enthusiasts are going to be excited about the vehicles we will have for sale from the 'Fast and Furious' along with other famous blockbuster cars. I am over the moon with excitement.

"We look forward to seeing everyone on November 28 for what we believe will include many history-making moments."