'Grease' jacket regifted to Olivia Newton-John after auction

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'Grease' jacket regifted to Olivia Newton-John after auction
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The buyer of Olivia Newton-John's famous leather 'Grease' jacket ...

FILE PHOTO: Cast member Olivia Newton-John attends a 40th anniversary screening of"Grease" at the Academy of Motion Picture Arts and Sciences in Beverly Hills, California, U.S., August 15, 2018. REUTERS/Mario Anzuoni/File Photo

“It should not sit in a billionaire’s closet for country club bragging rights,” the anonymous buyer told Newton-John, according to video of the exchange provided by Julien’s Auctions. The jacket and the figure-hugging black pants worn by Newton-John for her “You’re the One That I Want” duet with John Travolta in the 1978 movie were sold to separate buyers at a Beverly Hills auction last month, fetching more than double the expected price.

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