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Monday, June 27, 2011
Sold for $1.8M, Michael Jackson's 'Thriller' Jacket to Be Used as Fundraising Tool
Posted by org at 1:14 AM
The Deborah Landis-designed jacket is signed on the sleeve by Michael and was estimated to raise bids of somewhere between $200,000 to $400,000. A portion of the proceeds from the sale will go toward the Shambala Preserve, which are home to the "Black or White" hitmaker's Bengal tigers Thriller and Sabu since 2006.
Darren Julien, president and CEO of Julien's Auctions in Beverly Hills, said the jacket was sold to Milton Verret, a commodities trader from Austin. Milton himself revealed he plans to display it at Austin's Dell Children's Hospital before sending it around the world in hopes to raise money for children's charities and hospitals.
Aside from the jacket, memorabilia from Elvis Presley, The Beatles and Frank Sinatra were also included in the auction. Among the items, Paul McCartney's bass guitar went to a bidder for the prize of $14,080, while Frank's 1986 Jaguar was sold for $19,000.
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