Michael Jackson On The Auction Block

July 1, 2009
By Dr. Rus

Going Once…Going Twice…

justmytwocents_auction_gavel

Michael Jackson Memorabilia Is Hot!

Looking to make a quick buck? If you own any Michael Jackson special memorabilia, it is a sellers market! Since Jackson’s death last Thursday, collectors all over the world have been trying to figure out how to cash in quickly on his death. They’re looking for albums, autographs, or even a ticket for one of the shows he was supposed to perform in London this summer.

The phone at Heritage Auction Galleries in Dallas hasn’t stopped rining. According to Doug Nowine, the director of music and entertainment auctions for Heritage, items from Michael Jackson’s prime will be the most valuable as fans are looking for anything related to the singer. But, the more items that flood the market, the less demand there will be.

However, Norwine went on to say authenticated items such as costumes, personal mementos and autographs from the Thriller era will keep their value.

Weekend Jackson Auction Pulls Big Bucks

21 items once owned by Michael Jackson sold at auction in Las Vegas one day after Jackson’s death for a total of $205,000. The items on the auction block included a crystal-studded shirt Jackson wore onstage during the Jacksons’ 1984 Victory tour. That pulled in $52,200. Other items pulling in big bucks…

  • Jackson 5 album signed by band – $27,000
  • A hand-written letter by Michael Jackson – $18,750
  • A painting of Mickey Mouse, signed by a young “Mike Jackson – $25,000

Julien’s Auctions chief executive Darren Julien was worried that some might accuse him of profiting from Jackson’s death. Julien said “I thought about pulling the lots, but we had people bidding from all over the world.” He went on to say, “Everything we did, was to honor Michael Jackson.”

Yours in entertainment news!
Dr. Rus

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