Tuesday, June 28, 2011

Jackson 'Thriller' jacket sells for $1.8 million

The red and black leather jacket worn by Michael Jackson in his “Thriller” video went under the hammer for $1.8 million on Sunday, a day after the second anniversary of the pop icon’s death.

The jacket, which fetched several times its estimate of between $200,000 and $400,000, has “Love Michael Jackson” written on the sleeve, and a dedication in the lining to his long-time costume designers, to whom he gave it.

The buyer was identified as Milton Verret, a commodities trader from Austin Texas, who plans to have the jacket tour and be displayed at children’s hospitals around the globe to raise money for their children’s charities.

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