Michael Jackson's red leather jacket from his music video Thriller was sold for $1.8 million dollars at an auction on Sunday, according to Julien's auctions website.
The garment was sold on Jackson's second anniversary of his death.
The most iconic piece of pop culture ephemera that sparked a fashion craze in the 1980's, surpassed expectations of being sold between $200,000 to $400,000 dollars.
It was auctioned along with over 600 items from The Beatles, Madonna, and Elvis Presley among other artists.
The jacket is a black and red calf leather jacket with Marc Laurent Paris label featuring silver buckle, red silk lining, trapunto stitched collar, snap front closure and signature winged shoulders.
It is inscribed on the inside lining To Bush and Dennis, All My Love, Michael Jackson. The sleeve is also signed Love Michael Jackson.
An undisclosed portion of the proceeds from the sale will benefit The Shambala Preserve current home to Michael Jackson's two Bengal tigers, Thriller and Sabu, said Julien's Auctions.
The jacket was given by Michael Jackson to his longtime costume designers Dennis Tompkins and Michael Bush. Jackson brought this jacket to Tompkins and Bush to be used as reference for all of the subsequent concerts.