The glove was worn by Michael at the 1983 Motown 25 Television Special, where he performed the moonwalk for the very first time.
It sold for £254,000 at auction on the weekend, far exceeding pre-sale estimates of £30,000.
The buyer was Hong Kong businessman Hoffman Ma who bought it on behalf of the Ponte 16 Resort Hotel and Casino in Macau, China, where it is understood that it will go on display to upmarket holidaymakers and businessmen.
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I would be a good investment, that’s for sure.
http://www.forbes.com/2009/04/14/michael-jackson-auction-lifestyle-collecting-michael-jackson.html