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You're the one I want ... for a price! The iconic leather outfit from Olivia Newton-John & # 39; s from Grease is expected to be sold for up to $ 300,000 on Saturday.

You're the one I want … for a price! The iconic leather outfit from Olivia Newton-John & # 39; s from Grease is expected to be sold for a $ 300,000 auction

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The iconic leather outfit from Olivia Newton-John & # 39; s from Grease is expected to be sold at an auction for as much as $ 300,000.

According to 9Honey, the leather pants and jacket could reach anywhere between $ 145,000 and $ 300,000 if they go under the hammer in LA on Saturday.

It comes after Olivia, 71, revealed that she had to be sewn in the tight pants she wore during her famous performance of & # 39; You are the one I want & # 39 ;.

You're the one I want ... for a price! The iconic leather outfit from Olivia Newton-John & # 39; s from Grease is expected to be sold for up to $ 300,000 on Saturday.

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You're the one I want … for a price! The iconic leather outfit from Olivia Newton-John & # 39; s from Grease is expected to be sold for up to $ 300,000 on Saturday.

& # 39; The pants have a broken zipper and I had to be stitched in because they were made in the & # 39; 50, & # 39; said Olivia.

Another item that should go under the hammer is the pink dress from Olivia that she wore at the Grease premiere in 1978, which is expected to sell between $ 4,400 and $ 7,300.

Olivia spoke with Australia last month Show today about the auction and say it's the & # 39; real deal & # 39; is.

A tight fit: Olivia had to be famously sewn in the tight pants she wore during her performance of You are the one I want in bold next to John Travolta

A tight fit: Olivia had to be famously sewn in the tight pants she wore during her performance of You are the one I want in bold next to John Travolta

A tight fit: Olivia had to be famously sewn in the tight pants she wore during her performance of You are the one I want in bold next to John Travolta

She also described the auction as a & # 39; large-scale garage sale & # 39 ;.

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Olivia hinted that most outfits will have a hefty price tag, given that Grease is one of the most successful films of all time.

& # 39; If you are a billionaire with a granddaughter who loved Grease, this is for you! & # 39; she said, laughing.

Memorabilia: Another item that should go under the hammer is the pink dress from Olivia that she wore at the Grease premiere in 1978, which is expected to sell between $ 4,400 and $ 7,300

Memorabilia: Another item that should go under the hammer is the pink dress from Olivia that she wore at the Grease premiere in 1978, which is expected to sell between $ 4,400 and $ 7,300

Memorabilia: Another item that should go under the hammer is the pink dress from Olivia that she wore at the Grease premiere in 1978, which is expected to sell between $ 4,400 and $ 7,300

Olivia, who is fighting stage four breast cancer, will donate part of the proceeds to her charity in Melbourne, the Olivia Newton-John Cancer Center.

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She also said the auction & # 39; about simplifying life & # 39; because she has collected so many film memorabilia over the years.

According to the auctioneer, Olivia's collection contains more than 200 items, including outfits that she has worn in films and TV shows.

The auction takes place on November 2 in Beverly Hills and is broadcast live on the Julien & # 39; s auctions website.

Go, go, go! The auction takes place on November 2 in Beverly Hills and is broadcast live on the website of Julien & # 39; s Auctions. Pictured: Olivia Newton-John on October 29

Go, go, go! The auction takes place on November 2 in Beverly Hills and is broadcast live on the website of Julien & # 39; s Auctions. Pictured: Olivia Newton-John on October 29

Go, go, go! The auction takes place on November 2 in Beverly Hills and is broadcast live on the website of Julien & # 39; s Auctions. Pictured: Olivia Newton-John on October 29

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