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Own Michael Jackson's 'Thriller' Jacket

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    Darren Julien of Julien's Auctions on investing in rock memorabilia.

  • Duration 3:49
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2000 bells and the price of autograph and famous figures -- 147%.

This according to for -- of London.

Over the same period the S&P lost over 13%.

So why -- with so much uncertainty surrounding our current economic environment maybe it's time to consider some alternative investments.

A thrilling bright red leather jacket perhaps.

Or a jaguar once driven by the chairman of the board -- joy in -- without reviewing its options Darren is rock -- memorabilia becoming.

More and more popular as -- investment vehicle.

It is because -- is a real surge in Asia and in the middle east of people collecting western pop culture.

And you know the items even know we sold address last month for 348000.

Of Marlboro.

That Christie's sold in 1999.

For 21000.

So it did increase in value is incredible plus you can enjoy these things it's fine.

And it's a -- you have you -- wanna put these items in -- museum but definitely see huge increase of pop culture memorabilia.

By its two day summer that would starts on Saturday is like the the the mother of all rock memorabilia auctions and you don't Beverly Hills.

Is it about the classic stars I -- -- have Michael Jackson is a leather jacket that he warned thriller that Bruce Springsteen's denim jacket -- Warner -- jacket.

Or is it also about Lady Gaga and some of the newest stars as well.

Well you never know there's gotta maintain their value bit definitely the iconic pieces.

Like the Michael Jackson thriller jacket it's something you look at everybody around the world knows who -- it.

Where it was warrant so it's a very significant piece of pop culture history.

So those are the safest investments and those of the items that you know organic continued inclusion value in time.

Where lady got got you know obviously she's huge.

We anticipate she's gonna be around for a long time but -- her staying power flexibility -- to be seen.

You know -- When I live in Georgia guy down the -- we had a generally from the Dukes of Hazzard.

But there -- like forty of those being driven around is this the only Michael Jackson thriller jacket is hard to authenticate some of the rock stuff.

Yet well you have to -- due diligence on tonight that.

This is one of two the estate of Michael Jackson owns the other one and it was -- put you know it's the zombie Michael Jackson's this is the one that he wore when he wasn't a zombie and thriller any war and all the photo shoots.

And we've traced the history back it was given it it comes to us from Tompkins and bush who is Michael Jackson's designers.

And it was designed by Deborah Landis John Landis is life.

So we've research the history.

And there's records by the estate having this that it was given to Michael and vanished after thriller.

So it's really a solid piece and you know it's it's an item that you put in a museum -- in the lobby of of a hotel and you're gonna you're gonna draw millions of people just to see it.

And over time it'll increase in value.

All right now one of the items you have as -- Frank Sinatra's 1986 jaguar XJ six how much -- expect to be able to get for that.

Well if your -- on that the car's worth right around 101000 dollars so we've estimated ten to 20000 dollars but you know we've sold rep Frank -- items to record prices so.

This is a piece again because we've got the registration and Frank's name they could sell anywhere from 2200000.

Dollars.

There are co worker.

Is Stuart Varney is going to be very excess of that because they just auctioned off a jaguar that he once owned.

Don Imus is auction for 25000 dollars he's gonna keep an eye on this he would love it if his jaguar would for more.

Then now the chairman of the -- that while but I doubt that's gonna happen Dan good to see you right.

Thank you because you daddy appreciate as always they're -- by the way let's at a what you did Chileans auctions dot com if you want more information.

On -- auction this weekend it's fantastic lot of good.

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