Michael Jackson's First Moonwalk Socks Expected to Fetch $1-2 Million

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Michael Jackson's First Moonwalk Socks Expected to Fetch $1-2 Million
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Would You PaY $1-2 Million for Michael Jackson's First Moonwalk Socks?

's flashy socks from the first time he busted out his iconic moonwalk are hitting the auction block, but if you want 'em ... you'll have to foot a HUGE bill.

MJ's stage-worn, custom crystal stockings -- which he donned during his performance of"Billie Jean" in the 1983 TV special,"Motown 25: Yesterday, Today, Forever" -- are expected to haul in at least a million big ones, possibly up to $2 mil ... according to Gottahaverockandroll.comcollection ... DiLeo's the late music exec who signed Jackson to Epic Records and managed him from 1984 to 1989 following the massive success of"Thriller.

We're told the package also comes with a letter from DiLeo's wife attesting Michael wore the socks for his debut moonwalk during the TV special ... along with a certificate of authenticity. And if $1-2 million is too rich for your blood, the DiLeo collection's also going to feature original gold and platinum awards for"Thriller,""Dangerous,""Bad,""This Is It" and"Off the Wall" ... as well as a movie prop sign used in the 1988 film,"Moonwalker."

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