Dean’s iconic jacket up for auction

James Dean’s cherry-red jacket from Rebel Without a Cause is expected to bring up to $600,000 when it goes up for auction this week in Florida, offering fans a rare chance to own something linked to the actor who died in 1955 at 24.

The bomber-style jacket still looks cool at Palm Beach Modern Auctions, where it was displayed recently on a mannequin dressed in a white T-shirt and blue jeans, similar to Dean’s signature style in the movie.

The nylon windbreaker is worth an estimated $400,000 to $600,000, auction house co-owner Rico Baca said.

That sounds pricey, but Baca said the jacket is as important to pop culture as a dress worn by actress Marilyn Monroe, one of Elvis Presley’s rhinestone jumpsuits or gloves worn on stage by singer Michael Jackson.

Spacey Foundation in U.K. shuts down

The Kevin Spacey Foundation U.K. has decided to shut down because of the multiple allegations of sexual harassment against the Academy Award winning actor.

The foundation said on its website Tuesday that its trustees have concluded the work of the foundation “is no longer viable.” The foundation helped identify young artists and provide them with training and resources as they developed careers.

Spacey has strong connections to Britain, where he served as artistic director of the Old Vic theater for 11 years. The theater said in November that it had received 20 allegations of inappropriate behavior by Spacey. Police in London said in January they were investigating three allegations of sexual assault against the former House of Cards star.