Madonna and Sean Penn were one of the hottest couples of the 1980s when they were married for four years.

Now Madge has told Sean Penn and a crowd full of their famous friends that she still loves him and would marry him again.

Madonna performs during Art Basel Miami Beach
Madonna on stage at Art Basel (Kelli Kennedy/AP)

But there is a catch – Madonna was hosting a charity gala at Art Basel in Miami to raise money for Malawi, and the offer only stood if Sean bid $150,000.

Real Housewife Of New York Bethenny Frankel shared this video on her Snapchat of the big moment.

Madonna offered off an impressive haul of memorabilia up for auction at the event, including three black and white photographs of her wedding to Sean in 1985, which were taken by Herb Ritts and sold for $230,000.

There was also a costume from her 2015 Rebel Heart tour, which was modelled by pop star Ariana Grande, who shared this snap of the outfit on Instagram.

She captioned the snap: “Beyond excited to support @raisingmalawi and shimmy with my queen @madonna tonight (in her very own Rebel Heart tour outfit.”

The two performed a dance — and even appeared to share a quick onstage kiss.

A chair Madonna has performed on went for $10,000 after Madonna told the crowd that $600 could send a girl in Malawi to secondary school and $2,000 would cover her university expenses.