23 November 2009
NEW YORK - Michael Jackson's famous white glove sold for $350,000 at a memorabilia auction on Saturday, soaring far past pre-sale estimates, while a black jacket he wore during a 1989 world tour fetched $225,000. The Jackson memorabilia was the highlight of an auction of hundreds of rock'n'roll items, including many not associated with the "King of Pop," who died in June.Darren Julien, CEO of Julien's Auctions, which ran the auction, called the glove "the Holy Grail of Michael Jackson," and many expected it to sell for far more than its pre-sale estimate of about $50,000. With the added commission, the final price excluding taxes, ran to some $420,000.
The buyer was Hong Kong businessman Hoffman Ma.