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OTRC: Pharrell Williams auctioning off Grammys hat on eBay

Pharrell, wearing a Vivienne Westwood hat, walks the red carpet at the 2014 Grammys on Jan. 26, 2014.

Pharrell Williams is auctioning off the meme-inspiring Vivienne Westwood hat he wore to the Grammys on Jan. 26.

The music artist and producer, who is nominated for an Oscar for Best Original Song for song "Happy" from "Despicable Me 2," announced the auction on Twitter on Thursday, Feb. 20.

"I'm auctioning off my hat from the Grammys to benefit From One Hand to AnOTHER," the 40-year-old musician wrote. The eBay page for the auction can be seen here.

From One Hand to AnOTHER is a not-for-profit foundation Williams started in 2008. It helps support "the Pharrell Williams Resource Centers' (PWRC) learning programs developed for every one of the underserved youth between the ages of 7 and 20 in at risk communities throughout the country," according to the organization's website, which also produced a special video for the auction that can be seen below.

The auction for the hat kicked off at $200, which is what Williams said was the price he paid for it. The hat is going for $10,500 at the time of this writing. Bidding is set to continue until March 2, which is the same day as the Oscars, where Williams will perform "Happy."

According to the description on eBay, the winner of the auction will also get a letter of authenticity, along with the infamous hat, which is described as a Vivienne Westwood "Mountain" hat. He has worn another version of the Westwood hat to several events including the Oscar Nominees Luncheon, on stage at the 2014 BRIT Awards and while performing at the NBA All Star basketball game.

Williams also tweeted about the auction to Arby's. The fast food chain initially tweeted to Williams during the Grammys and wrote, "Hey @Pharrell, can we have our hat back? #GRAMMYs."

On Thursday, Williams wrote, "Hey @Arbys, you want my hat? Now's your chance..."

Check out From One Hand to AnOTHER's promotional video for the auction below.

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