The officials at Julien's Auctions in Beverly Hills are auctioning the Billie Jean glove which the late singer wore during rehearsals for shows in the late 1980s, along with his Swarovski jacket from a 1997 Life magazine cover, reported Contactmusic.
The jacket is expected to fetch around USD 300,000.
Whitney Houston's dress that she wore at 1986 Grammy Awards is also being sold, which is expected to raise USD 5,000.
Other items on sale include American pianist and vocalist Liberace's gold and silver-threaded pyjamas and a pair of chandeliers from his Las Vegas mansion.
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