An unnamed buyer on Saturday shelled out $243,200 for the jacket and $162,500 for the pants made famous by the four-time Grammy Award-winning actress in the hit film’s “You’re the One that I Want,” finale.
Martin Nolan, executive director of Julien’s Auctions, which hosted the event, told The Post last week he expected the items to sell for $260,000 — just over what the buyer paid for Newton-John’s leather jacket alone.
“If you ask Olivia, she thinks it’ll go for a million dollars,” Nolan said Wednesday of the outfit. “It’s so iconic, I wouldn’t be surprised.”
The sexy outfit was among 500 items the Australia-born actress, now 71, auctioned to raise funds for her breast cancer charity. Newton-John is currently in her third battle with the disease.
“I’ve realized over the years, especially when you go through stuff, that stuff isn’t what’s important,” she told Reuters of her decision to auction off the items.