How much would you pay for this famous hat? It just fetched an eye-watering sum at auction

The brown felt fedora in the second installment of the Indiana Jones movies has sold for $944,528 at auction.

The fedora featured in 1984's Indiana Jones and the Temple of Doom has sold for $944,528. Credit: Propstore/PA

The brown felt fedora worn by Harrison Ford in the second instalment of the Indiana Jones movies has sold for $944,528 (US$630,000) at auction, film and TV memorabilia company Propstore announced.

The hat featured in 1984's Indiana Jones and the Temple of Doom had been expected to fetch between US$250,000 ($374,800) and US$500,000 ($749,600), according to the item's online description.

The fedora comes from the personal collection of the late stunt performer Dean Ferrandini, who also wore it while standing in for Ford as Jones, the dashing archaeologist who really hates snakes.

The fedora featured in 1984's Indiana Jones and the Temple of Doom has sold for $944,528. Source: AP / David James

Keeping the fedora in place during filming was an "ongoing challenge," Propstore's expert said in the online description, and foam pieces were inserted to make it fit more snugly.

Created by the Herbert Johnson Hat Company in London, it is made of sable-coloured rabbit felt.

Other items sold include an Imperial scout trooper's white "biker scout" helmet from 1983's Return of the Jedi, which went for $472,200 (US$315,000), and a ghost costume worn by stars in the 1996 movie Scream, which sold for $406,100 ($US270,900).