Buddy The Elf, What’s Your Bid?

Buddy The Elf, What’s Your Bid?

Will Ferrell shows a bottle of water to fans during a ceremony honoring him with a star on the Hollywood Walk of Fame on Tuesday, March 24, 2015, in Los Angeles. (Photo by Chris Pizzello/Invision/AP)

Some pretty big bets were made on iconic movie pieces!

People are willing to pay a lot for a piece of pop culture. 

Will Ferrell’s Buddy The Elf costume sold for $297,000! It was only expected to go for $30,000!

That’s nothing compared to Wilson the Volleyball from Cast Away.  That sold for $389,000! 

(Image: AP Newsroom)