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Selling Neverland: The Collection of Michael Jackson

Treasures From Neverland
In today’s economy, everyone is feeling the pinch... and even the King of Pop is not immune. Known for his lavish and frivolous spending sprees, these habits have come back to bite him. In order to get back on stable financial ground, Jackson apparently planned to liquidate approximately 2,000 of his possessions in a public auction. The auction, which was to be conducted by , was the point of much controversy. In March, Jackson's MJJ Productions sued the auction house in order to stop the sale f
Photos and Auction information provided by Julien's Auctions

In today’s economy, everyone is feeling the pinch... and even the King of Pop is not immune. Known for his lavish and frivolous spending sprees, these habits have come back to bite him. In order to get back on stable financial ground, Jackson apparently planned to liquidate approximately 2,000 of his possessions in a public auction.

The auction, which was to be conducted by Julien’s Auctions, was the point of much controversy. In March, Jackson's MJJ Productions sued the auction house in order to stop the sale from moving forward, contending that the items are being sold without his permission.

But on April 15, Reuters reported that the auction, originally planned for April 22-25, was officially cancelled after the two parties reached an agreement whereby Jackson's possessions will be returned to him. (Click here for full story)

Although the auction has been cancelled, the public Beverly Hills exhibit is planned to continue through April 25. Click ahead to see some of Jackson's big items that almost hit the market!

By Paul Toscano
Originally Posted 10 Mar 2009
Updated 15 Apr 2009

Michael Jackson Guinness Award
Commemorative award presented to Michael Jackson from the Guinness Book of World Records for "...the biggest selling album in the history of music." The display features a poster of Jackson from his Thriller album surrounded by 24 platinum Thriller LPs. Estimated Value: $400 - $600
Photo: Shaan Kokin/Julien's Auctions

Commemorative award presented to Michael Jackson from the Guinness Book of World Records for "...the biggest selling album in the history of music." The display features a poster of Jackson from his Thriller album surrounded by 24 platinum Thriller LPs.

Estimated Value: $400 - $600

Michael Jackson Achievement Awards
Groups of awards presented to Michael Jackson for the sale of more than 1.5 million copies of the album , 1.5 million copies of the album (shown), 2 million copies of the album , 1.5 million copies of the album and 2 million copies of the album sold in Germany. Estimated Value: $400 - $600
Photo: Shaan Kokin/Julien's Auctions

Groups of awards presented to Michael Jackson for the sale of more than 1.5 million copies of the album Thriller, 1.5 million copies of the album Bad (shown), 2 million copies of the album Bad, 1.5 million copies of the album Dangerous and 2 million copies of the album Dangerous sold in Germany.

Estimated Value: $400 - $600

Neverland Ranch Front Gates
Photo: Shaan Kokin/Julien's Auctions

Parcel gilt and black iron crested with a red and gilded crown and a gilded "Michael Jackson" banner, with the British Royal Coat of Arms in the center.

Estimated Value: $20,000 - $30,000