Michael Jackson's Pepsi Ad Jacket Hitting Auction Block

Michael Jackso's iconic clothing items is hitting the auction block the black and white leather jacket MJ wore during one of his "Pepsi Generation" ads in 1984. No, it's not the infamous ad where he burned himself on set it's the one where he's dancing in the streets with a bunch of kids and others. This was the first Pepsi commercial Mike did which makes this custom-made piece he wore on set all the more special and apparently, quite valuable too. It's up for grabs starting Nov. 10 through the Propstore and it could fetch anywhere from $230k to $460,000. Considering this was once on Mike's own body, probably closer to the latter. the jacket was actually gifted to a guy named Wendell Thompson way back in the day whose father was a cosmetologist who worked with MJ. Wendell says he actually received the jacket straight from MJ in 1983 (before the ad even aired) during a run-in with the King of Pop in Orlando the grand opening of MJ's personal suite at Disney World's Hotel Royal Plaza which was a huge deal at the time. Ribbon-cutting and the whole shebang. Wendell says he's held onto this cherished item for ages now but at this point, he's ready to pass it on and reap the benefits all with the aim of using the cash to set up his kids and family in his will, hoping this will set a solid foundation for all of them this thing is expected to go for almost half a million dollars, 

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