Celebrity hair collecting proves to be a strange but lucrative hobby. On October 18 a large portion of Elvis Presley’s hair will go to the highest bidder at Leslie Hindman Auctioneers, located at 1338 West Lake. The hair is believed to have been acquired in 1958 when Elvis was recruited to the U.S. Army, and could sell for more than $100,000. “The hair is part of the Gary Pepper Collection,” says Mary Williams, head of the Books and Manuscripts Department at Leslie Hindman. A portion of the proceeds from the auction will be donated to Cerebral Palsy United of the Mid-South, an appropriate cause since Pepper himself suffered from CP. “We placed a pretty conservative estimate at $8,000-$12,000, but who knows what’s going to happen when you have two collectors bidding against each other,” says Williams. A similar piece of Presley’s hair closed at a whopping $115,000 at a public auction back in 2002.