Auctioning off celebrity memorabilia is nothing new. But a natty old cardigan for sixty-thousand dollars?
Apparently so, when it’s the one that Nirvana’s Kurt Cobain wore while performing for the MTV Unplugged taping in 1993.
It’s one of the most coveted fashion items in grunge music history.
And according to Julien’s Auction house, it’s just one example of what they’ve built their business on; auctioning off entertainment memorabilia, sports and celebrity estates.
The estates alone are impressiv,e and include those of Bob Hope, Marilyn Monroe and Tony Curtis. Then there’s memorabilia from the life and careers of Michael Jackson, Elvis, The Beatles, and Madonna – to name but a few.
Martin Nolan is the executive director of Julien’s Auctions and he says sometimes it’s hit and miss.
The Neverland Auction that never happened
Nolan tells the story of what happened when Michael Jackson asked Julien’s Auction’s to help with an auction of the contents of his theme park Neverland.
It took 30 men working seven days a week for nine months tto comb through the 270o acres and catalogue everything.
But in the end, it never happened. And according to Nolan, all of the contents are still sitting in storage today.
That’s just one of many stories that Nolan had to share.
LISTEN to the full interview here: