A clump of hair snipped from Elvis Presley when he joined the U.S. Army in 1958 was auctioned off last Sunday for $18,300. The hair and other Elvis memorabilia sold for well over $300K and were originally given to Elvis' long time friend, Gary Pepper. Two cousins of Mr. Pepper are now suing Leslie Hindman Auctioneers and the caretaker of the now deceased Gary Pepper for selling the items without their knowledge.

The highest bid was placed by someone from Elvis Presley's home state of Mississippi for memorabilia from a museum devoted to proving that the King is still alive.

August 16 marks the 30th anniversary of Elvis Presley's death. On that date, Sony Music Group will release a reissue of "The King's" 1969 Number One single "Suspicious Minds."