Will Ferrell

London- The suit worn by Will Ferrell in the hit 2003 comedy “Elf” will go under the hammer at a movie memorabilia auction in London this December, and the skintight green and yellow piece of Hollywood Christmas magic is expected to fetch more than a quarter of a million dollars.

Bidding on the iconic costume, complete with conical hat and matching tunic, will start at 50,000 pounds, the equivalent of about $65,000, but is expected to eventually sell for up to 200,000 pounds, or about $261,000, when the hammer falls on the Propstore Winter Entertainment Memorabilia auction.

According to the description on auction house Propstore’s website, there are tags reading “Mr. Ferrell” on the inside of the tunic and tights, with “Hero-3” also handwritten on the tag of the tunic.

Auctioneers say the belt also has “Mr. Ferrell” written in blue ink.

Large film productions often create multiple versions of the same props, but the term “hero” is typically used to describe highly detailed iterations that are central to the plot and intended for close-up shots in the final cut of the film.

The suit for sale does not appear to be the same one Ferrell wore to an NHL hockey game in Los Angeles just after Christmas last year, when he made his fellow sports fans laugh by sitting near the ice looking disgruntled with a beer and a cigarette in the flashy suit.

Another notable item for sale at the December auction is Marty McFly’s iconic hoverboard from the second and third installations of the “back to the future” trilogy, which is expected to sell for more than $156,000.

According to the product description, it is the lightweight foam version of the prop, which the actors used for scenes where their characters were seen carrying the boards, instead of a wooden version that Michael J. News and his fellow actors were seen riding in other parts of the films.

The example of the then-futuristic hoverboard has some “wear and tear from use and age, including adhesive residue around the retaining strips, cracks in the foam, and peeling paint throughout,” according to the auctioneers.

However, the most valuable lot in the auction will be the original accessory used as Boba Fett’s rifle in “Star Wars: The Empire Strikes Back.”

The auction house says it is the only known example of the accessory. Other stunt versions and castings were made for later films in the franchise, but, according to Propstore Auctions, this EE-3 blaster carbine has been “identified by its serial number and photographically compared to details on the stock, directly confirming its provenance.”

The blaster, which began life as an authentic 1917 Webley & Scott No.1 Mark I flare gun, is expected to fetch the equivalent of about $915,000 when it goes on sale.

The three-day auction begins Dec. 5 and will feature other iconic movie memorabilia, including Indiana Jones’ fedora worn by Harrison Ford in the 1984 film “Temple of Doom,” Obi-Wan Kenobi’s lightweight lightsaber from 1999’s “The Phantom Menace” and Jack Nicholson’s action ax from the horror classic “The Shining.”