MJ's glove fetches US$350,000
Source: Agencies |
November 23, 2009, Monday
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Print Edition
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The shimmering, white glove Michael Jackson wore when he premiered his trademark moonwalk dance in 1983 has been auctioned off for US$350,000 -- plus tax.
Winning bidder Hoffman Ma of Hong Kong will pay US$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 New York's Times Square. Its pre-auction estimate was US$40,000 to US$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."
The pop icon, who died on June 25 aged 50, had given the glove to Walter "Clyde" Orange, of the singing group the Commodores.
A jacket that Jackson wore on his 1989 "Bad" tour fetched US$225,000 -- 20 times its low estimate of US$8,000.
The sale, held by Los Angeles-based Julien's Auctions, also included a fedora Jackson wore for the moonwalk. It sold for US$22,000, against a US$2,000 high estimate.
There was no doubt that Jackson dominated the auction -- dubbed "Music Icons" -- of more than 300 items belonging to stars from Elvis Presley and the Beatles to Mariah Carey.
The musicians' clothing and instruments filled the Rock Cafe stage, with two giant photos of Jackson on either side and a huge picture of his famed glove at the center.
Buyers paid the gavel price, plus a 20 percent auction house premium for items over US$$50,000, and 25 percent for those costing less.
Winning bidder Hoffman Ma of Hong Kong will pay US$420,000, including taxes and fees, for the rhinestone-studded, modified golf glove Jackson wore on his left hand for his moonwalk on Motown's 25th anniversary TV special.
The glove was the top item in a collection of Jackson memorabilia on the block at the Hard Rock Cafe in New York's Times Square. Its pre-auction estimate was US$40,000 to US$60,000.
"It was a fairly good discount," said Ma, a 36-year-old Jackson fan who bought the pop-music treasure on behalf of the Ponte 16 Resort Hotel in Macau.
As the price of the glove soared, fans roared and squealed -- echoing the kind of frenzy that accompanied the late pop star when he toured the world.
"That's what death brings upon celebrity," said Brendan Doyle, a college student munching chicken fingers from a plate in his lap. "Jackson's death was such a tragedy at such a young age that it pushed up prices."
The pop icon, who died on June 25 aged 50, had given the glove to Walter "Clyde" Orange, of the singing group the Commodores.
A jacket that Jackson wore on his 1989 "Bad" tour fetched US$225,000 -- 20 times its low estimate of US$8,000.
The sale, held by Los Angeles-based Julien's Auctions, also included a fedora Jackson wore for the moonwalk. It sold for US$22,000, against a US$2,000 high estimate.
There was no doubt that Jackson dominated the auction -- dubbed "Music Icons" -- of more than 300 items belonging to stars from Elvis Presley and the Beatles to Mariah Carey.
The musicians' clothing and instruments filled the Rock Cafe stage, with two giant photos of Jackson on either side and a huge picture of his famed glove at the center.
Buyers paid the gavel price, plus a 20 percent auction house premium for items over US$$50,000, and 25 percent for those costing less.
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