The Golden Closet’s Gotta Have It Auction Results Update Mar. 11, 2010

We are pleased to announce that Gotta Have It’s auction featuring rare music memorabilia items from The Golden Closet’s collection concluded yesterday evening and was a great success. Many of our iconic collectible wardrobe pieces continued to receive bids long after the “official” ending time of 9pm EST. The majority of our rare Michael Jackson pieces received bids within 24 hours of the auction’s launch on Mar. 10th, which was the first time this had occurred in the history of Gotta Have It auctions, according to owner Ed Kosinski.

A few of our auction highlights are listed below:

-Our collection of Michael Jackson wardrobe did very well and the majority of items were sold far above their opening bid price. The most valuable piece turned out to be Mr. Jackson’s custom black jacket with red armband worn during several promotional appearances while in Europe, which received a final bid of $33,099.00. Michael Jackson’s shirt worn during live performances on the “BAD” tour sold for $30,138.00.

-The fur lined coat worn by Fergie (of Black Eyed Peas fame) in the video for her song “Glamorous” was another surprising standout from our music collection, and had an impressive closing bid of $13,190.40.

-Britney Spears vintage costume worn extensively in the video for the title track of her “Circus” album went for $11,400.00

-Some of the other items in our Pop Diva collection also did well, with video worn items from P!nk and Gwen Stefani both ending in the $8000 range. Other items from entertainers such as Rihanna, Katy Perry, Jennifer Lopez, and Christina Aguilera went for prices ranging from $5000 and up.

-Our stage worn custom-made tuxedo jacket worn by Ray Charles went for $6000.00.

Other collectible items ended successfully at prices far above their opening bids. The Golden Closet would like to thank Gotta Have It for their assistance in promoting and conducting the auction in such a competent and professional manner. We look forward to participating in future Gotta Have It events sales and also thank the many Michael Jackson forum and fan sites that helped provide advance exposure to members of the global collecting community.

For any additional information regarding the auction please email us directly at or visit our website to view more of our collection.

The Golden Closet

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