The well-known costume worn by Will Ferrell in the Christmas traditional “Elf” was marketed for an sum 10 moments larger than envisioned at an auction, TMZ reviews.

According to the report, the costume was envisioned to fetch involving $27,600 and $41,000.

The profitable bid on the “Elf” costume drastically surpassed expectations, coming in at $296,702.66.

According to TMZ, the secret buyer is remaining personal.