Red Cape, MJ Poster Draw Interest In Feds’ Auction

By Associated Press, Updated: Tuesday, September 17, 6:40 PM

CHICAGO — A showy red cape and an autographed Michael Jackson poster drew the most interest from potential buyers as a government auction of more than a dozen personal items forfeited by prison-bound ex-congressman Jesse Jackson Jr. got underway Tuesday.

The online auction, which will accept bids over two weeks, is the U.S. Marshals Service way of trying to recoup part of the $750,000 in campaign funds the Chicago Democrat and his wife, Sandra, illegally spent — often to satisfy penchants for attention-grabbing clothes and pop-culture keepsakes.

The red cashmere cape drew the most attention in the hours just after bidding began early Tuesday. By evening, it registered 39 bids — pushing the initial asking price from around $300 to $965. Court documents say Jackson purchased it — with campaign funds — for $1,500 from an Edwards Lowell Furs store.

After a sluggish start, bidding surged during the day for a framed poster dedicated to the 25th anniversary of Michael Jackson’s “Thriller” album — and signed by the pop star himself. By Tuesday evening, there were 45 bids for it,— with the highest bidder willing to part with $1,560 for the pleasure of owning it.

READ MORE: http://www.washingtonpost.com/business/us-marshals-to-auction-off-ex-us-rep-jesse-jackson-jrs-furs-celebrity-memorabilia/2013/09/17/5ba1be2c-1f5a-11e3-9ad0-96244100e647_story.html

Source: washingtonpost / MJ-Upbeat.com

 

 

 

Leave A Response