Organisers of the show have confirmed that the show will last for nine months and will feature a huge range of memorabilia, including a virtual tour of the Memphis mansion where the music legend died in 1977, reported BBC online.
Priscilla Presley, who was married to the singer for six years, commented, "While each and every item contains a lifetime of memories, we are more than happy to allow these treasured memories to leave Graceland.
"Elvis meant so much to me and our daughter Lisa (Marie Presley), but we both know that our family truly shares him with the world."
Meanwhile, exhibition co-ordinator Nic Wastell said, "For people who can't get to Graceland, Graceland is coming to them."
The new show is scheduled to open on December 12 and will run until August 31, 2015.
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