Mike Myers' Austin Powers costume valued in excess of $20,000

Bidding on Mike Myers' costume from the phenomenally popular Austin Powers: International Man of Mystery starts at $20,000 in ScreenUsed's online auction.

The instantly recognisable lot was worn onscreen and features a daring combination of velvet and lace.

Myers Powers costume
Austin Powers began as a parody of the British mod scene of the 1960s

Austin Powers was first conceived by Myers as the singer of the band Ming Tea, intended as a parody of the British mod scene of the 1960s.

He later wrote a film around the character, which was released in 1997 and quickly became an international phenomenon - grossing over $100m worldwide and spawning two sequels.

Also included in the sale is a suit worn by Myers as Dr Evil, which is expected to auction for in excess of $12,000.

Winona Ryder's white dress from Tim Burton's 1990 classic Edward Scissorhands will start at $5,000.

It appears in one of the film's most memorable moments, when Kim dances in the snow, and features considerable wear that testifies to its onscreen use.

Depp's costume sold for $70,000 at Profiles in History in Los Angeles in 2012.

Other lots include a Sankara Stone from Indiana Jones and the Temple of Doom (1984) that's valued at over $5,000.

Christopher Reeve's Superman III costume will headline with a minimum bid of $65,000.

We have an incredible range of movie memorabilia available, click here to take a look.

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