Mike Jack Auction Canceled
Last month, Michael Jackson began his campaign to cancel a huge auction of his personal belongings. Now, a week before the auction, the King of Pop has gotten his way. Auctioneer Darren Julien told Reuters that he has reached an agreement with Jackson that will see the items returned to Jackson after the public exhibit of the 1,400 lots is over. The auction was to be held on April 22-25 and included Jackson’s customized Rolls-Royce, costumes, memorabilia, art and custom furnishings. It could have brought in $10 million or more.
It would have been the largest authorized of Jackson’s belongings and Julien’s Auction House spared no expense in putting the auction together. The Reuters article says that Darren Julien spent as much $2 million preparing the sale and the exhibit even creating a signed and numbered five-volume catalog that would sell for $500. Jackson is believed to have paid some money in a settlement with the auction house that may result in some of the items finding a permanent public home in some sort of museum-like space.
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Posted by Mocha @ 3:36 am
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