Michael Jackson's Sequined Glove Sold for $192,000

Michael Jackson's Sequined Glove Sold for $192,000
This Friday was the one-year anniversary of Michael Jackson's death, and fans chose to memorialize the pop star in different ways. As we previously reported, some fans gathered at Jackson's grave to pay their respects. And in the case of a group of wealthy memorabilia collectors in Las Vegas, some spent a ludicrous amount of money purchasing relics of the King of Pop.

The event's big-ticket item was Jackson's sequined glove, which sold for $192,000 - over six times its estimated value, which was around $30,000. Winning bidder Wanda Kelley told the Las Vegas Sun, "I wasn't walking out of here without that glove."

Nearly a million dollars worth of Michael Jackson memorabilia was sold, including a T-shirt for 132,000 and two jackets for over $100,000. A pair of worn loafers went for $90,000, while a signed fedora fetched $56,250.

This isn't the first time that Michael Jackson memorabilia has sold for an astronomical price. Click on the embedded video at the bottom of the page to see a report from an auction of November of last year, during which a glove sold for $420,000, including taxes and commission.

The auction wasn't limited to Michael Jackson items alone. The Telegraph reports that Jimi Hendrix's Fender Stratocaster guitar sold for $180,000, an Elvis Presley shirt brought in $61,200 and Johnny Cash's guitar went for $60,000.