Michael Jackson’s famous white glove sold for $350,000 at a memorabilia auction last week. It went way beyond previous estimates and in addition to the glove, a black jacket worn by him during the 1989 world tour fetched $225,000.

An auction of hundreds of rock’n’roll items was held and Jackson memorabilia was the highlight of the event.

Darren Julien, CEO of Julien's Auctions, which ran the auction, called the glove "the Holy Grail of Michael Jackson," and many people even expected it to sell for much more than its pre-sale estimate of about $50,000.

The final price excluding taxes ran to some $420,000 with the added commission.

Hong Kong businessman Hoffman Ma bought the legendary glove which was the most prominent accessory of the ‘King of Pop’.

The black, strap and zipper-laden jacket worn by MJ during the 1989 ‘Bad’ tour soared to $225,000 which was 20 times more than its estimate. The tab came to about $275,000 including the commission.

"I never got to see Michael, and now that he's gone this is the closest I could get," said Jazmynn Moore, 19, a student from Manhattan.