Michael Jackson's Auction Will Not Go On

By NICK HAZELL

April 15, 2009

Michael Jackson told a Beverly Hills auction house to beat it, and has canceled an auction of Jackobilia.

Julien's Auctions will return the gloves, statues, crowns and cars to Michael Jackson on April 25 rather than sell them to an eager public. 

"Both parties, Julien's Auctions and Michael Jackson, agree to halt the auction," Martin J. Nolan, Executive Director of Julien's Auctions told ABC News. "All items will remain intact as one collection and will be returned to Michael Jackson." 

"Both sides agree to make a generous donation to Music Cares, the charity founded by the Recording Academy," added Nolan. 

Prior to the Tuesday evening legal agreement, the auction was scheduled to run April 21 until April 25 and generate upwards of $30 million from the 1,390 items on sale. To placate Jackson's many fans, the collection will still be open to public viewing until April 25 for a charge of $20 per head.

Source: http://www.abcnews.go.com