June 26, 2010 07:48:12 GMT
Clothing, documents and furniture of the late King of Pop have been auctioned off in Las Vegas and the belongings' prices were whopping.
The world can't get enough of Michael Jackson, the King of Pop's memorabilia has gone under the hammer in Las Vegas for extraordinary prices. The big sale of clothing, documents and furniture has only just started and already experts at Julien's Auctions have been left staggered by the prices items are fetching.
A custom-made jacket, which was expected to go under the hammer at $8,000, went for a staggering $120,000, while an autograph the late pop superstar gave to a fan the day before he died sold for $21,000, 26 times more than its estimate.
Also among the early highlights, Jackson's MTV Moonman award for the video of "Scream", which went under the hammer for $43,750, more than six times its estimate, and the King of Pop's signed white fedora hat, which was expected to take in $3,000. That sold for a whopping $56,250. The auction took place on the first anniversary of Jackson's death.