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How much will Jackson's glove sell for?

Background: Walter Orange, of The Commodores, is auctioning the white rhinestone glove worn by Michael Jackson when he first performed the Moonwalk in 1983.

The sale is currently set for Novembery 21st, and the auctioneers, Julien's Auctions, estimate that the glove will go for up to $60,000, according to the BBC (http://news.bbc.co.uk/1/hi/entertainment/8201049.stm).

How much for a piece of pop history?

Settlement details:As reported by a major mainstream news source.

 
Forecast history %
$0-20,000
0%
$20,001-40,000
0%
$40,001-60,000
0%
$60,001-80,000
0%
More than $80,000
1%
Sale does not take place in 2009
99%
Question suspends in 51 weeks

Suspend date: Sat 20th Nov 2010 4am PST (51 weeks to go)

Initial likelihoods: $0-20,000: 5%, $20,001-40,000: 10%, $40,001-60,000: 30%, $60,001-80,000: 30%, More than $80,000: 20%, Sale does not take place in 2009: 5%

Action history:

Created Fri 14th Aug 3:39am PST by ojw15
Settlement requested Sun 6th Sep 2:12am PST by pics4d: between $40k and $60k

http://news.yahoo.com/s/ap/20090906/ap_en_mu/as_australia_michael_jackson_glove_1
Suspended Sun 6th Sep 4:59am PST by jenniandboys[Admin]
Unsuspended Sun 6th Sep 10:06am PST by jenniandboys[Admin]: Whoops, wrong glove. The one in question is still up for grabs!

Suspend date: Sat 20th Nov 2010 4am PST (51 weeks to go) details

 

Predictions (111)

1 week ago
jaques_as_in_hattie predicted Sale does not take place in 2009 (H$10,000 at 95%)
1 week ago
jaques_as_in_hattie predicted Sale does not take place in 2009 (H$10,000 at 52%)
1 week ago
alertedclub predicted Sale does not take place in 2009 (H$50 at 14%)
1 week ago
neopugg predicted $40,001-60,000 (H$10 at 6%)
1 week ago
neopugg predicted Sale does not take place in 2009 (H$10 at 13%)

Comments (3)

  1 pics4d
i have a Q...this is set to suspend in 2010, but one of the options is for "sale does not take place in 2009"...i already flagged it because i sent in a settlement request because a different glove was just sold at auction, so can someone else please flag...thanks....btw the other glove just sold in australia for $57,600 Aus ($48,400 US)
posted 10 weeks ago
  2 pics4d
whoa...sorry jenni...this Q is about a different glove...apparently he changed gloves about as often as he did love interests :S
posted 10 weeks ago
  3 corbally
It was probably the glove for the other hand
posted 10 weeks ago

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