Pharrell is auctioning off his Grammys hat

Since the Internet loved Pharrell Williams' Grammys hat so much, the artist has decided to sell it for a good cause.

The eye-catching accessory spawned a slew of memes during the 2014 Grammy Awards, when Pharrell rocked the Vivienne Westwood-designed cap from the red carpet to the stage.

The producer/singer/songwriter/rapper was able to take the ribbing that followed with a good sense of humor, and continued to wear his "Mountain" hat to other events, including the NBA All-Star Game in February.

But alas, Pharrell's love affair with the high-fashion item has come to an end. At 8 p.m. ET on February 20, he decided to auction off the hat on eBay to benefit his non-profit that supports at-risk youth, "From One Hand to Another."

.@pepsi My hat will help kids get a better education, how's that for a #win? http://t.co/CsW204Eo4R @eBay

— Pharrell Williams (@Pharrell) February 21, 2014

Bidding started at $200, which is the price Pharrell paid when he purchased the item. At the time of this writing, bidding was nearing $12,000. Bids can be placed through March 2.