The teenaged Elvis Presley checked out a copy of The Courageous Heart: A Life of Andrew Jackson For Young Readers from Humes High School in Memphis, shortly after he and his family moved there from his childhood home of Tupelo.
The 1948 card was found by a librarian while throwing out old books.
The card, which is being sold along with a copy of the book, is expected to fetch more than £2,500 when it is sold on August 14.
The signature is thought to be one of the oldest ever autographs penned by the King, who died at the age of 42 in 1977.
Other items in the Heritage Auctions Ultimate Elvis Signature Auction, which will be held at The Peabody Hotel in Memphis, Tennessee, include guns and pill bottles belonging to the late star, as well as his trench coat.
'Elvis remains one of the most popular and durable figures in American Pop Culture,” said Margaret Barrett, Director of Entertainment & Music Memorabilia at Heritage Auctions.
In June a watch given by Elvis Presley to a friend while on military duty in the late 1950s has sold for over £32,000 at auction.
The library card, pictured left, signed by a 13-year-old Elvis Presley, highlighted in red, when he checked out a copy of The Courageous Heart: A Life of Andrew Jackson For Young Readers, pictured right
Other items in the Heritage Auctions Ultimate Elvis Signature Auction include the singer's trench coat and pill bottles
All a bit odd but Presley fans are known for ardent love of all things Elvis ...
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