The plastic crown was worn by the rapper in the iconic “King of New York” picture, three days before his death, and was expected to go for about $300,000 (£225,900).
However, it fetched more as it was sold at $594,670 (£461,243) in Sotheby’s first-ever auction dedicated to hip-hop items.
The crown was signed by photographer Barron Claiborne and Biggie, who was shot dead on 9 March 1997.
Tupac was killed in a drive-by shooting in Las Vegas in September 1996, aged 25.
A portion of the money from the auction will be donated to charities for community projects in New York.
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