One of Michael Jackson’s iconic clothing items is set to hit the auction block and although it’s a somewhat lesser-known one … it will probably demand a king’s ransom of over 200k.

It’s the black and white leather jacket that MJ wore during one of his “Pepsi Generation” commercials in 1984, where he dances in the street with a bunch of kids and others.

This was the first Pepsi commercial Mike did which makes this custom piece he wore on set all the more special – and apparently pretty valuable too. It will be up for grabs on November 10th and could fetch between $230,000 and $460,000.