The image of the merry band of unemployed steelworkers – entertaining to the sound of Tom Jones’ version of You Can Leave Your Hat On – is one that has brought smiles to millions of film fans since its release in 1997.

But nearly three decades on from becoming an unexpected cinema hit, the appetite for the satin underwear appears to have truly diminished.

The red thong worn by Mark Addy – who played Dave Horsfall in the low-budget sensation – failed to sell at an auction of film props and costumes earlier this week.

To add to the misery, the item was even put up for sale online with a price of £495 – but still remains unclaimed.

The auction raised £12.4million, according to The Telegraph, and it is one of the most successful auctions of Hollywood props.

The red thong worn in the 1997 film The Full Monty was listed for auction along with other famous props on Tuesday – but it was the only one which didn’t sell

It was still available after the auction and was even put up for sale online with a price of £495

The wooden door prop from the Titanic which saved Rose – but not Jack – from an icy death was one of the items sold.

The eight-foot long, 41-inch wide Titanic prop fetched £569,739 and the listing even noted it ’caused much debate from fans’.

Fans of the 1997 film have long argued over whether both Rose – played by Kate Winslet – and Jack – played by Leonardo DiCaprio – could have both fit on the door.

The debate was so long-running and fierce that – 25 years later – the director James Cameron revealed he did a ‘thorough’ analysis to prove Jack couldn’t have fit.

Other well-known props which were sold included the whip from the 1984 film Indiana Jones and the Temple of Doom.

Sold at £415,000, the whip is the franchise’s highest priced costume/prop to date.

Tobey Maguire’s Spiderman suit was also auctioned off and was presented on a mannequin display.

The wooden door prop from the Titanic which saved Rose – but not Jack – from an icy death was one of the items sold

The eight-foot long, 41-inch wide Titanic prop fetched £569,739 and the listing even noted it ’caused much debate from fans’

Tobey Maguire’s Spiderman suit was also auctioned off and was presented on a display

Other well-known props which were sold included the whip from the 1984 film Indiana Jones and the Temple of Doom

The axe used in The Shining also sold for the same price as the Spiderman suit at auction

Bill Murray’s bowling ball from Kingpin fetched £277,000 – meaning it is currently the most valuable bowling ball

A pink halter dress worn by Marilyn Monroe in George Cukor’s Let’s Make Love was also listed

But while the skin-tight suit was made for Sam Raimi’s early 00s Spider-Man trilogy, it was never actually worn by the actor who would go on to reprise his role in the Spider-Man: No Way Home in 2021.

Despite it being unused, the suit managed to fetch the high price of £99,000.

The notorious axe used in The Shining also sold for the same price at auction.

Wielded by Jack Nicholson in the 1980 horror film, it is used in the scene where Nicholson breaks through a bathroom door to attack his wife – famously delivering the disturbing line ‘Here’s Johnny’.

A pink halter dress worn by Marilyn Monroe in George Cukor’s Let’s Make Love was also listed at the auction.

The dress was worn by Monroe in the 1960s musical where she starred as Amanda Dell and sold for £108,000.

Lastly, Bill Murray’s bowling ball from Kingpin fetched £277,000 – meaning it is currently the most valuable bowling ball.

The ‘red nose’ ball from the 1996 classic was seen in the Final Frame championship scene where Murray prepares to throw the ball down the lane.