MJ’s Moonwalk Glove sells for $350k

FILE -This undated file photo released by Julien's Auctions shows Michael Jackson's glove from his 1983 performance of Billie Jean at the Motown 25 television special where he performed the Moonwalk for the first time. The glove and othe Jackson items will be auctioned on Saturday, Nov. 21, 2009, at the Hard Rock Cafe in New York City's Times Square. (AP Photo/Julien's Auctions, File)

NEW YORK – The shimmering, white glove Michael Jackson wore when he premiered his trademark moonwalk dance in 1983 was auctioned off for $350,000 — plus tax — on Saturday.

Winning bidder Hoffman Ma of Hong Kong will pay $420,000, including taxes and fees, for the rhinestone-studded, modified golf glove Jackson wore on his left hand for his moonwalk on Motown’s 25th anniversary TV special.

The glove was the top item in a collection of Jackson memorabilia on the block at the Hard Rock Cafe in Times Square. Its pre-auction estimate was $40,000 to $60,000.

“It was a fairly good discount,” said Ma, a 36-year-old Jackson fan who bought the pop-music treasure on behalf of the Ponte 16 Resort Hotel in Macau.

As the price of the glove soared, fans roared and squealed — echoing the kind of frenzy that accompanied the late pop star when he toured the world.

“That’s what death brings upon celebrity,” said Brendan Doyle, a college student munching chicken fingers from a plate in his lap. “Jackson’s death was such a tragedy at such a young age that it pushed up prices.”

FULL STORY HERE…

[video] Jackson to sell ‘White Glove’ in Neverland Auction

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LOS ANGELES (Reuters) – The gates of Michael Jackson’s famed Neverland Ranch and one of the white gloves first unveiled in his 1983 “Billie Jean” video are going up for auction in a 2,000-item sale organized by the self-styled King of Pop.Auctioneer Darren Julien said Wednesday that Jackson was sorting through thousands of personal items and his vast art collection from the abandoned Neverland Ranch and other places.

He said the five-day auction in Beverly Hills, scheduled for April 21-25, will be the first organized by Jackson, who has been living as a virtual recluse since his acquittal in 2005 on child sex abuse charges.

“He has never had one (an auction),” Julien said. “We have been working closely with him for five months and he is in complete control of this.”

Julien said a similar white glove once owned by Jackson fetched $35,000 at an auction in 2006 ago, while a pair of the singer’s white socks went for $15,000 in 2005. Continue reading