Iconic leather jacket worn by movie star Olivia Newton John in Grease sells for jaw-dropping price at auction

OLIVIA Newton-John’s iconic black leather jacket from the musical Grease has sold at auction for a jaw-dropping price.

The piece of Hollywood history was snapped up by a lucky buyer in Los Angeles for a whopping $476,250 (£377,147).

AlamyOlivia Newton John wearing the famous leather jacket while shooting Grease[/caption] AlamyOlivia played Sandy in the film alongside John Travolta’s Danny[/caption]

The sleek biker jacket was a staple outfit for Olivia’s beloved character...