Michael Jackson’s black and white jacket from a 1984 Pepsi ad is hitting the auction block.  It was the ad where The Jacksons danced with some street kids.  Pepsi even got Michael to record a special version of “Billy Jean”!     Of Note:  They expect it to sell in the $250,000 to $500,000 range.  The TV commercial features a young Alfonso Ribeiro in a red jacket, dancing and moonwalking