NEW YORK – Michael Jackson's virtual "bad" jacket, which he wore on his first solo tour, was sold for $ 298,000 – about three times its original price – at an auction in New York that included Prince, Madonna , John Lennon and others, officials said.
Julien's auctions had an initial asking price of $ 100,000 for Jackson's back jacket with a silver permanent marker and was worn throughout 1987-89's "Bad" concert tour of the singer.
It is one of the most iconic costumes of the last singer along with the red and black leather video cameras "Thriller" sold for $ 1.8 million at the auction in 2011.
Jackson has become one of the most collectible celebrities since his sudden death in Los Angeles in 2009 at the age of 50 from accidental overdose of an anesthetic he used as a sleep aid.
The bad jacket was sold by the Texas businessman and philanthropist Milton Verret along with nearly 100 other items from the big rock 'n roll' collection.
The Rock-N-Roll auctions, which announced the results of the two-day auction late Saturday, also featured electric guitars by Bob Dylan, Paul McCartney, Eric Clapton and U2 The Edge and Bono.
A guitarist used in his final performance in 2016 that was sold for $ 156,250 and his motorcycle jacket worn in the 1984 Purple Rain movie sold for $ 37,500, the official said.
Part of the auction amount will be awarded to the MusicCares Charity Award of the Grammy Awards, the Recording Academy, which provides health services and other services to musicians.