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Los Angeles Modern Auctions (LAMA) is the first auction house to specialize in 20th century Modern art and design. Founded by Peter Loughrey in 1992, LAMA especially champions Modern and Contemporary works by California and West Coast artists and designers.
In 2009, Michael Jackson's signature white glove sold for $420,000 and his white socks sold for $65,000; in 2011 the jacket he wore in his 1983 "Thriller" music video sold for $1,800,000. [4] Michael Jackson Thriller Jacket. In November 2015, a Gibson J-160E guitar that was stolen from John Lennon in the late 1960s sold for $2,410,000. [5]
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In 2014, High Noon Western Americana set a record for a pair of spurs sold at auction for $153,400. The spurs were made by Jesus Tapia of Los Angeles, California in the early 1920s. [11] The company also specializes in Hollywood cowboy memorabilia. [5] In 2010, an auction attendee purchased a Roy Rogers belt buckle for $69,000. [7]
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