Jackson's glove sells for $350,000 at auction

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NEW YORK (Reuters) - Michael Jackson's acclaimed white cuff awash for $350,000 at a memorabilia bargain on Saturday, aerial far accomplished pre-sale estimates, while a atramentous anorak he wore during a 1989 apple bout fetched $225,000.

The Jackson memorabilia was the highlight of an bargain of hundreds of rock'n'roll items, including abounding not associated with the "King of Pop," who died in June.

Darren Julien, CEO of Julien's Auctions, which ran the auction, alleged the cuff "the Holy Grail of Michael Jackson," and abounding accepted it to advertise for far added than its pre-sale appraisal of about $50,000.

With the added commission, the final amount excluding taxes, ran to some $420,000.

The client was Hong Kong agent Hoffman Ma.

Bidding for the black, band and zipper-laden anorak Jackson wore during the 1989 "Bad" bout soared to $225,000, added than 20 times its estimate. With commission, the tab came to about $275,000.

Fans and dealers angry out at the Hard Rock Cafe in New York's Times Square for the bargain that included a car apprenticed by Jackson, as able-bodied as David Bowie's guitar and memorabilia from the Beatles to Bo Diddley.

"I never got to see Michael, and now that he's gone this is the abutting I could get," said Jazmynn Moore, 19, a apprentice from Manhattan.

The cuff was beat by Jackson back he aboriginal staged the acclaimed moonwalk ball at the 1983 Motown 25 television special. The aperture bid of $10,000 leaped anon to $120,000 afore peaking at $350,000.

Most of the 80 Jackson lots consisted of items that came from accompany and ancestors to whom Jackson had accustomed them, the agent said.

Jackson was somewhat of a beneficiary himself, accepting paid added than $1.5 actor for the "Gone With the Wind" best account Oscar bronze at Sotheby's auction, one of the accomplished prices anytime paid for memorabilia at auction.

The bargain abode had admired the Jackson accumulating at $80,000 to $100,000. But Julien said such pre-auction estimates were carefully bourgeois to advice accomplish interest. Abounding of Jackson's items awash for 10, or alike added than 20 times the estimates.

Julien's had been advancing for a huge bargain of Jackson memorabilia in April that was canceled afterwards an acceding with Jackson, who had filed a accusation ambitious the acknowledgment of assertive items.

During the advance for that sale, Julien's had accumulated a ample database of Jackson collectors from Asia to the Americas, and abounding of the acceptable Internet bidders were from Japan or Hong Kong.
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