Will Ferrell created a holiday phenomenon when he reluctantly signed on for the role of Buddy in the movie Elf. He was so unsure about the role that he thought it would end his career. It turned out fine in the end, and Will even turned down a whopping $29 million to reprise the role.

The long-term success of the film continues today. The movie has become as iconic as any holiday film of any era. TMZ is reporting that the beloved costume worn by Ferrell in the film has sold for over ten times its expected price at auction.

The sale was a part of a larger auction of authentic Hollywood props. It was expected to reel in between $27,000 and $41,000. The winning bid came in at a staggering $296,702.66.

The identity of the winning bidder is unknown at this time. Obviously, it’s a huge fan of the movie. The buyer apparently wishes to remain anonymous. Whoever it is also has very deep pockets.

The auction aims to sell 1,000 pieces of rare Hollywood memorabilia. The total expected take is approximately $7.6 million. While it sold for a ridiculously high price, the Elf costume wasn’t even the highest-priced item.

The Wilson volleyball from the Tom Hanks movie Castaway went for $388,750. Other items currently up for bid include Jason’s hockey mask from Jason Goes To Hell: The Final Friday as well as iconic props from Star Wars, Robocop, Pirates of the Caribbean, and more.

Was Will Ferrell’s Elf costume with $300,000? Let us know in the comments!

Michael Perry

Michael Perry is a news contributor for Ringside News and Thirsty for News. Michael has an M.A. in Communication Technology from Point Park University in his hometown of Pittsburgh, PA.

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