Marilyn Monroe's iconic white dress sold for $4.6 million

The “fluttering” white dress worn by Hollywood actress Marilyn Monroe in the film The Seven Year Itch was sold for $4.6 million at an auction in Los Angeles on Saturday.

The dress was sold for the amount, which is much higher than the estimate of auction house, which hoped the dress to be worth between $1 million and $2 million.

Though the buyer's identity is still unknown, a New York City-based entertainment technology firm inQuicity was raising funds to win back the dress.

Movie star Debbie Reynolds owned the dress before it was auctioned off on June 18.

A scene from the film shot atop a New York City subway vent, in which Monroe’s white dress is fluttered upward by gushing air from a passing train made the actress a superstar.

The image of the actress in the particular scene and her white dress is considered an all-time fashion moment worldwide.