MJ's Moonwalk Debut Glove Fetches $350K

'Holy grail' of Jackson memorabilia blows away presale estimate
By M. Morris,  Newser Staff
Posted Nov 22, 2009 2:20 PM CST

(Newser) – The sequined glove Michael Jackson wore during the first public performance of his famed moonwalk sold at auction last night for $350,000, seven times the presale estimate of $50,000. Dubbed the "holy grail of Michael Jackson memorabilia" by the auction house, the glove sold to a Hong Kong businessman who will put it on display at a Macau casino, the Daily Mail reports.