GASTON COUNTY, N.C. -- A man from Mount Holly is turning trash into treasure by auctioning off an unusual item; a Dixie cup he says Elvis Presley used back in 1956.

Wade Jones is selling the cup on eBay and the bids have already exceeded $1,750.  

But, believe it or not, this is not the only cup Jones possesses that was used by "The King".

In 2004, Jones sold a vial filled with water that was collected from a styrofoam cup he retrieved after an Elvis Presley concert in 1977 at the Bojangles Coliseum in Charlotte.

 “Maybe they’re looking at it like an investment, like a picasso or a warhol or something,” says Jones.  “But it’s just an Elvis Dixie cup”

The cup will be up for auction on eBay until Sunday night.