Michael Jackson's 'Thriller' jacket will be sold at auction

The jacket Michael Jackson wore in his "Thriller" video is hitting the auction block.

Auction administrator Darren Julien says the red and black leather jacket is "the most recognized and significant piece of pop culture" to come up for sale, and is expected to fetch between $200,000 and $400,000 at the Music Icons auction on June 25 and 26 at Julien's Auctions in Beverly Hills.

^{In this May 26, 2011 photos, auction items that belonged to Michael Jackson are displayed at Julien's Auctions in Beverly Hills, California. Items are among the memorabilia available for auction on June 25 and 26.  (Associated Press)}

Jackson autographed the jacket as a gift to his longtime costume designers, Dennis Tompkins and Michael Bush. He wanted them to use the small calfskin jacket as a template for future stage wear.

A portion of the proceeds from its sale will benefit the Shambala Preserve, where Jackson's two Bengal tigers, Thriller and Sabu, have been living since the King of Pop left his Neverland ranch in 2006.

Other Jackson items up for sale include the wig he wore when he announced his "This Is It" concert series in London, a fedora, a spangled glove he wore on stage at the American Music Awards, his shirt from the "Scream" video and the mailbox from the Carolwood Drive estate.

The wig is expected to haul in between $4,000 and $6,000 and the glove is valued between $20,000 and $30,000. 

The collection will be on view free to the public from June 13 to 24 at Julien's Auctions Gallery in Beverly Hills.

MJFS

Source: AP / tmz.com