(BIG MONEY) Jacko Glove Sells for $49K…

(Newser Summary) – One of Michael Jackson’s jewel-encrusted gloves sold for $49,000 in an Australian auction, Reuters reports. The glove, which was the first to go up for sale since Jackson died in June, sold for nearly twice what the Bonhams and Goodman auction house expected. “There was a huge amount of interest in the week leading up to the sale. We were still pretty surprised by the price,” said a Bonhams auctioneer.

The glove had been worn by Jackson at a 1996 concert in Sydney, where the artist threw it out to the crowd when he finished his performance. It was caught by Bill Hibble, a Jackson fan who has since passed away. His mother put the glove up for auction.

—Nick McMaster

Source: Reuters