Olivia Newton-John's leather jacket and pants from 'Grease' sell at auction for $405,700

Olivia Newton-John said goodbye to her archive of film and music memorabilia on Nov. 2.

officially said goodbye to her vast collection of film and music memorabilia acquired over nearly half a century of stardom — including the famed leather jacket and pants she wore in the iconic 1978 film’s final scene.hit the big screen, the famed outfit, worn by Newton-John as she strutted her stuff at Rydell High’s carnival and sang “You’re the One That I Want” with co-star

“I’m fond of all of them, because they all have memories and, you know, incredible moments associated with them,” Newton-John told Yahoo Entertainment. “But I have learned, with, you know, going through things in my life, that things are things and that’s not what’s important, but the memories are. So I feel very happy that, you know, these are things, and I’m not gonna take them with me, so better that somebody else enjoys them now.

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