Back in December MTV News reported that
The auction is set for April 22 - 25 at the Beverly Hilton Hotel in Los Angeles, with some of the items being shown in London and Dublin before the sale. The items have filled a six-volume book detailing every item up for auction, and the Auction Network is set to broadcast the auction live on both national TV and the Internet.
(Check out Michael Jackson auction photos right here!)
The extensive list of items being auctioned off includes a custom-created costume jacket worn by Jackson for his Hollywood Walk of Fame star dedication ceremony, which is expected to fetch $15,000 to $20,000, the auction house shared with MTV News. There's also a pair of acrylic, rhinestoned tube socks (perfect for display under short pants) worn during his 1981 Triumph tour with the Jackson brothers, expected to bring in between $600 and $800. Also, a custom-designed white spandex, right-hand glove completely covered in clear Swarovski crystals is expected to be auctioned off for somewhere between $10,000 and $15,000.
Other items include three suits of armor, fine paintings, costumes, baubles, massive statuary, awards, furniture and even the gates to the ranch. An estimated total value of all the items on the block is $1.5 million to $3 million.
Julien added that despite Jackson's recent financial troubles, he has not been "forced" into this decision. "He has never had an auction. We have been working closely with him for five months and he is in complete control of this. This is something that Michael is doing of his own free will. He is not being forced into it."