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MJ's Glove sells for $350,000 (Strech bought it)

E! Online:

Buying a pair of gloves for the winter: $19.99.

Owning Michael Jackson's infamous moonwalk glove: $350,000 plus tax.
Not quite priceless.

The King of Pop's rhinestone-studded white glove fetched that whopping price at a New York auction on Saturday.

The iconic accessory became the late star's signature after he wore it while moonwalking through "Billie Jean" at Motown's 25th anniversary TV special in 1983.

So who was the lucky (and well-heeled) bidder?

Hong Kong native Hoffman Ma, who after taxes, will pay $420,000 for the "Thriller" crooner's glove—a price, the 36-year-old winner said, was a bargain.

Ma purchased the glove on behalf of the Ponte 16 Resort Hotel in Macau.

While there were more than 300 items from the likes of The Beatles to Elvis Presley in the "Music Icons" sale held by Julien's Auctions, Jackson's items seemed to be the most coveted.

His fedora, also worn during the Motown special, sold for $22,000, and a jacket from his 1989 Bad tour fetched $225,000.

Not a bad day on the block.

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Comment by Strech Ent on November 24, 2009 at 2:18pm
HahaHa yea now im reselling it on ebay...Highest bider so far is Kpulit

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