29 June 2010

WHAT WILL $190,000 GET YOU: A GLOVE


Fans, bidders and curious passersby filled the auction area at Planet Hollywood for the nearly six hours of bidding on 251 lots of Jackson memorabilia.

But there was one item that everyone really came to see — one of Jackson’s signature Swarovski crystal-studded gloves.
After nearly 150 lots and much anticipation, the glove finally made its appearance.
At an auction in November in New York, a glove Jackson wore when performing his signature moonwalk for the first time at the “Motown 25” concert in 1983 sold for $420,000.
“I’ll start the bidding at $1 just so you all can say that you bid on Michael Jackson’s glove,” auctioneer Kathleen Guzman said as bidders raised their paddles in a frenzy.
Then the real bidding began. It started at $31,000 and rose to more than $100,000 within seconds. I wish I had money to waste like that.

-AL

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