Hundreds of other items belonging to Swayze - including a surfboard from the movie Point Break and a shirt he wore in the flick Ghost also went under the hammer.
"No matter what, it is still a letting go. There is always a little bit of loss associated with that. While it is a very positive thing to do, it is a difficult thing to do," Lisa Niemi, Swayze's widow was quoted as saying by 'BBC News'.
The leather jacket was bought by a Hollywood memorabilia collector, who identified himself as Glenn.
Swayze, an actor, dancer and singer-songwriter, died at the age of 57 from pancreatic cancer in 2009.
The auction went ahead despite strong opposition from Swayze's niece Danielle.
"These were family heirlooms. It is a slap in the face that she (Niemi) is selling these precious memories," said Danielle.
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