Will Ferrell’s iconic “Elf” costume has sold for almost $300,000 at auction in the United Kingdom.
The sale occurred at the Prop Store Entertainment Memorabilia auction on Tuesday, with an anonymous bidder forking out $296,702 (£218,832) for the ensemble.
The costume was only expected to fetch between $27,116 and $40,675 (£20,000 and £30,000), according to TMZ, meaning it was auctioned off for almost 10 times the anticipated price.
Ferrell, 54, wore the costume during the production of “Elf,” which was filmed in 2003.
The comedy — in which the funnyman plays an unwitting elf who arrives in New York from the North Pole — has become a beloved holiday classic in the years since it was first released.
Ferrell’s costume was created by Carelli Costumes in New York, and consists of a dark green tunic, matching velvet hat and a pair of shiny black munchkin shoes.
The comedian has yet to publicly comment on the phenomenal sale price.
Ferrell won’t be needing the costume back anytime soon. Last month, he revealed he turned down $29 million to reprise his role in an “Elf” sequel because he would not have been able to “promote the movie from an honest place.”
The “Elf” costume is among 1,100 lots of movie memorabilia being auctioned off by Prop Store over the course of three days.
Ferrell’s “Elf” costume was among 409 lots up for auction on the first day of sales — but it was not the most expensive item to be sold.
The famous Wilson volleyball featured in the 2000 Tom Hanks movie “Cast Away” fetched a staggering $388,750 (£286,722).
The auction continues Wednesday and Thursday, with other coveted collectibles set to go under the hammer.
Prop guns used by Angelina Jolie in “Lara Croft: Tomb Raider” (2001) are expected to sell for around $10,856 (£8,000), while copies of the “Harry Potter” books signed by Daniel Radcliffe are estimated to go for $1,627 (£1,200) a pop.
The full catalog of items can be found here.
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