Word: auctions
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...Another auction is currently in the works that will include the trademark sequined glove that Jackson first wore during Motown 25th anniversary show, where he first performed his famed moonwalk dance. "That piece is the Holy Grail," says Julien, who expects the item to sell for hundreds of thousands of dollars...
...Rock and roll collectors with a passion for memorabilia can turn the hobby into a nest egg," says Leila Dunbar, a former director of collectibles at Sotheby's Auction house, who now heads up her own appraisal firm...
...piano on which John Lennon composed "Imagine" sold for 1.5 million pounds, far surpassing the 20,000 pounds it fetched 25 years earlier, noted Neil Roberts, head of culture at Christie's Auction House in London...
...group of nine prescription pill bottles owned by Elvis sold for between $3,000 and $7,500 apiece during a June auction. "It's a little macabre that people are interested in bottles of pills that were responsible for his death," said Woolley. Observers expect a similar feeding frenzy will likely surround Jackson's medication bottles...
...During the June Michael Jackson auction, a signed Jackson 5 album was expected to bring in $400 to $600, but wound up getting more than $27,000. "I'm going to go out on a limb here and say that was an emotional purchase," says Woolley...