Elvis Presley Enterprises said Wednesday the auction is scheduled for Aug. 14, during the annual celebration of Presley's life, music and movies known as Elvis Week.
The auction will feature rare, authenticated items from the collection of Greg Page, founding member of The Wiggles and a prominent collector of Presley artifacts. Items from other private collectors also will be auctioned.
None of the auction items will come from the Graceland Archives.
Presley lived at Graceland for 20 years until he died on Aug. 16, 1977. It will be the first auction of its kind at the house-turned-museum.
Elvis Presley Enterprises manages Graceland.