Because collector markets exist for both outer and inner record sleeves, an Elvis Presley sleeve can be sold without the record. The value of the sleeve depends on its condition and which album it represents.
Online store RecordSleeves.com specializes in vintage outer sleeves, also known as covers. As of October 2015, the store lists 48 Elvis Presley record sleeves for sale, with prices ranging from $7.50 to $45. The Record Envelope blog catalogs vintage inner sleeves from various record companies.
Music fans sometimes use vintage record sleeves as wall art. Many home and craft stores sell frames sized especially for record sleeves and covers.