A Valuable Piece of History
The jacket, which was custom-made for Jackson, is being auctioned off by the Propstore starting on November 10. Experts predict that it could fetch anywhere from $230,000 to a staggering $460,000. Given its connection to the legendary musician and its historical significance, it is likely to sell closer to the higher end of that range.
Key Takeaway
Michael Jackson’s black and white leather jacket, worn during one of his “Pepsi Generation” ads in 1984, is expected to fetch a significant sum at auction. Its connection to the iconic musician and its historical significance add to its value. The proceeds from the sale will be used by the current owner, Wendell Thompson, to secure the future of his children and family.
What makes this jacket even more unique is the story behind it. It was originally gifted to a man named Wendell Thompson back in 1983. Thompson’s father was a cosmetologist who worked with Michael Jackson, and during a chance encounter in Orlando, Jackson personally handed Thompson the jacket. It was given to him before the ad had even aired, making it an exceptional piece of memorabilia.
A Chance to Secure the Future
After holding onto this cherished item for decades, Wendell Thompson has decided to part ways with it. His intention is to use the proceeds from the sale to secure the future of his children and family. By setting up a solid foundation with the funds, he hopes to leave a lasting legacy for his loved ones.
Wendell Thompson expressed his fondness for the jacket and the memories associated with it. He hopes that the new owner will appreciate and enjoy it as much as he has over the years.