How much is $15 in 1977 dollars now worth?
Tennessee officials say $43.52. And they're trying to refund that amount to the 10,333 people who had $15 tickets to two scheduled Elvis Presley concerts that he never lived to perform.The fans can get refunds without giving up their cherished ducats.
"I know there's a lot of sentimental value with these tickets," said Susan P. Clayton, director of the state Division of Unclaimed Property, which got about $450,000 in ticket proceeds and interest two months ago.
The concerts were to have been Aug. 27 and Aug. 28, 1977, at Mid-South Coliseum. Presley died of heart disease Aug. 16.
In a dispute involving Presley's estate, the coliseum and the state, the state Court of Appeals ruled in December that the ticket-holders should get the refunds because Presley never performed.