Ending today, this auction of an original Michael Jackson White Glove is attracting a lot of attention on eBay at the moment. As of the posting, the auction currently has 259 bids and is sitting at $85,900 with about 5 hours to go.

Apparently the glove which is completely covered in clear Swarovski crystals, comes from the collection of Dick Clark, and was a gift to Clark from Jackson.

Created by designer Bill Wheaton who created many of Jackson’s trademark outfits during the 1980’s, the glove was worn during the 1984-85 Victory tour, on the Grammys when Jackson won his record eight Grammys for Thriller, his Pepsi commercial’s debut and when he was badly burned on set filming the concert scene. He is also filmed with this glove on during the We Are The World Video and when he received his star on the Hollywood Walk of Fame!

We’ll keep you updated on the final price.

FINAL UPDATE (June 26, 2009): We thought we should update this, given the events of yesterday, and the unexpected passing of Michael Jackson. That story is still unfolding, and of course is fully occupying the media outlets. …and, upstaging the death of another pop icon – Farrah Fawcett, who fought the good fight.

We’re sure there will be many more twists to the Jackson story.

But… back to the glove (it’s probably worth many more times what the winning bidder paid) – Final Price: $99,100 after 295 bids.

However the story plays out, we have to give props to yet another legend…