michael jackson death

Michael Jackson's Glove Sells For $160,000 At Music Icons Auction

Filed under: Auctions

A few months after Michael Jackson's death one of his gloves sold for over $70,000. As AOL News reports, on the first anniversary of Michael Jackson's death one of the crystal-encrusted gloves the King of Pop wore during the1984 "Victory Tour" sold for $160,000 at the Julien's Auctions at Planet Hollywood in Las Vegas.

The Las Vegas Sun reports that the winning bid came from $160,000 bid from Wanda Kelley of Los Angeles, a dedicated fan. She also bought many Jackson gold records.

Overall the auction brought in over $1 million. The Music Icons auction is part of a three-day, 1,600-lot auction that features items belonging to Anna Nicole Smith, Cher, Brad Pitt, Ronald Reagan and Frank Sinatra. The well-timed Jackson memorabilia mostly outpaced estimates with pieces of his clothing, an MTV music video awards, handwritten lyrics and more all sold above estimate. A signed fedora sold for $45,000 and a corduroy shirt for $23,000, the jacket he wore during his wedding to Debbie Rowe sold for $60,000 and the T-shirt he wore in his "Beat It" video sold for $36,000.

Other high-priced items in the sale included one of Madonna's stage bras which went for $10,000, Tupac Shakur's Hummer which went for $26,000 and Prince's handwritten "Purple Rain" lyrics which sold for $55,000.

Tags: celebrity auction, celebrity auctions, celebrity memorabilia, michael jackson, michael jackson death, michael jackson glove

Michael Jackson's Possessions Still in Demand

by Tom Johansmeyer (RSS feed) —

Filed under: Auctions, Celebrity Shopping

The publicity may have slowed down, but Michael Jackson fans are still coming out in force. Several lots soundly beat presale estimates at an auction conducted by Julien's Auctions. The staples of Michael Jackson's image -- such as the famous white glove and the jacket from the "Bad" tour -- went under the gavel. A presale estimate for the entire auction of $80,000 to $100,000 quickly became irrelevant, as bidders sent prices into the stratosphere.

The white glove opened at $10,000 but went immediately to $120,000 before settling at the final price of $350,000 (not including fees and commissions). After all fees and taxes, Hong Kong businessman Hoffman Ma spent around $420,000 for the piece of Americana that Darren Julien, the auction house's CEO, describes as "the Holy Grail of Michael Jackson." It was expected to sell for $50,000.

The black jacket, with all the straps and zippers, that Jackson wore during his 1989 "Bad" tour, also made presale estimates pointless. It closed at $225,000 (before any fees or taxes), more than 20 times the expectation.

At the auction, held at the Hard Rock Café in Times Square, most of the 80 lots pertained to Michael Jackson, generally provided by friends and family who had received them as gifts. Other lots included a car driven by Jackson, a guitar once owned by David Bowie and memorabilia from the Beatles.

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