auction (1 post)

John Stanton Wireimage

Papa has fetched a brand new bag—of money.

The medical bracelet James Brown was wearing before he died on Christmas Day in 2006 sold for a whopping $32,500 Thursday at a Christie's auction of Brown memorabilia.

The winning bidder: The Late Show With David Letterman sidekick and band leader Paul Shaffer.

But although the bracelet way surpassed Christie's $200 to $300 estimate, the day's overall take of $857,688 fell short of expectations.

Also among the 317 personal items on the block at the behest of the Godfather of Soul's estate, which maintained that the auction was necessary to pay bills and taxes: a full-length, black satin cape that went for $47,500; a red leather furniture set that sold for $40,000; and a denim jumpsuit studded with the acronym GFOS that fetched $25,000.

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