The glove, which inspired countless copycats, quips and Halloween costumes after it was unveiled in the 1983 video for Jackson's hit Billie Jean, will be part of a five-day auction next year, Julien's Auctions announced Wednesday. Jackson is also unloading the grandiose gates that once led to his Neverland Ranch, along with more than 2,000 other personal items.
The King of Pop's possessions will be on display before the auction begins on April 21, 2009. Bids will be accepted in person and online. The sale is to be broadcast live on Auction Network. Jackson plans to donate a portion of the proceeds to MusiCares, a charitable organization founded by the Recording Academy to help musicians in need.
The singer has been plagued by financial woes since he was acquitted of child-molestation charges in 2003. He went into default on his sprawling Neverland property earlier this year, before an investment company bought the loan. Last month, Jackson's lawyers reached a settlement in a $7 million breach-of-contract case brought by a Bahraini sheik.
The Michael Jackson life story is shaping up to be a real tragedy. He was the most famous and successful performer in the world at one time. Now he's a recluse with financial problems and reportedly quite few health problems. We just know he didn't want to part with that glove.
Julien's Auctions will be conductin the live auction in April, 2009.
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