Justin Bieber's Hair Sells for $40,000!

After the teen king chopped his signature locks, he gave a piece to Ellen DeGeneres -- and she auctioned it off for charity

How much are a few locks of Justin Bieber's hair worth? Well, for online casino GoldenPalace.com, the answer is "a whole lot."

The Biebs donated a container of his freshly chopped hair to The Ellen DeGeneres Show on Feb. 23. "We're doing something special," he told the host. "We want you to donate it to whichever charity you want."

After putting the coveted tresses up for auction, GoldenPalace.com came in with the highest bid -- a staggering $40,668! DeGeneres will now donate the money to The Gentle Barn Foundation, which rescues and rehabilitates animals in need of care.

DeGeneres has made a habit of selling celeb items for good causes, but -- until now -- none have gone for this much cash. Elvis Presley's hair recently went for $15,000, Adam Lambert's Ellen underwear sold for $10,000 and a Gwen Stefani costume raked in $5,000.

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