Michael Jackson died on June 25th 2009 at the age of 50. Within minutes of his death, prices for Michael Jackson's Moonwalker increased almost 600%. The prices stayed high for the next couple of days but have since started coming back down.
Moonwalker Prices On Ebay: June 25th 2009
On the morning of June 25th there was an ebay sale of $14.99 for Moonwalker. Michael Jackson's death became public knowledge around 2:20 PM PST. Within an hour and 30 minutes all the low priced store listings for Moonwalker had sold for less than $30. By 3:56 PM, less than 2 hours after the initial announcement, Moonwalker sold for $100 on ebay. At the end of the day the highest price for the game was $199.99.
Moonwalker Prices On Ebay: Before & After His Death
Before MJ's death, the prices for Moonwalker were consistently in the $20-30 range. The average sale price peaked on June 26th at $131. It has steadily dropped back down to the $60 range, which is still more than double the average price before Michael's passing.
Volume of Sales Picks Up Too
During the 4 days before Jackson's death (June 21st to June 24th), there were five sales of Moonwalker on Ebay. On the 25th there were 16 sales and during the next four days (June 26th to June 29th) 101 copies of Moonwalker sold.
Will Moonwalker prices go back to their pre-death prices or will they settle at a new, higher price because of all the attention paid to collectibles related to the King of Pop? Only time will tell.
Thanks to our loyal reader James T. for suggesting this article.