Auctions

$350,000 for Jackson's Glove

At an auction at the Hard Rock Cafe in New York on Saturday, the rhinestone-encrusted glove Jackson wore during the 1983 Motown 25th anniversary TV special when he performed the moonwalk for the first time, fetched $350,000, ten times its pre-sale estimate and more than 10,000 times its original $30 purchase price. Hoffman Ma, the deputy chief executive of the five-star Ponte 16 casino resort in Macau, China won the glove, and intends to open a gallery next year to display the glove and the nine other Jackson artifacts he purchased at the auction, including sequin-encrusted socks, Jackson’s childhood drawings, and the shirt Jackson wore in the “Thriller” video. Other big-ticket items at the auction included the fedora Jackson wore for the moonwalk ($22,000), a black jacket from the 1989 Bad tour ($225,000), and the handwritten lyrics to “Beat It” ($60,000).