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Signed 2012 Bracket Hits Auction

Related Topics: bracket, Barack Obama, Dick Vitale

Barack shared his picks live on the network ... channeling his inner Dick Vitale and explaining why he thought he had the perfect bracket.

Obama's bracket was filled out on a 63 by 36-inch whiteboard (which has since been framed) -- and after he made his picks, Barack signed it with a pen.

FYI, Obama's bracket was anything but perfect -- he picked North Carolina to win it all. Instead, Anthony Davis and the Kentucky Wildcats took home the title that season.

While BO's autographed bracket was busted, it's clearly a collector's item -- and will now go to the highest bidder courtesy of Goldin Auctions .