Ben Affleck decided to shave off his lucky beard after his film, “Argo” took home the Oscar for Best Picture on Sunday night.

The actor/director had been keeping the facial hair around as a charm to get him through the rough days leading up to the awards show, but after the night’s big win he decided to get rid of it.

“He did it to mark the end of a chapter. It had that ceremonial quality to it,” said a source.

“Argo” was up against some heavy hitters this year, including “Life Of Pi”, “Amour”, “Silver Linings Playbook”, “Lincoln”, “Zero Dark Thirty”, “Les Miserables”, “Beasts Of The Southern Wild”, and “Django Unchained”. Most of those films saw the actors take home individual awards, however, including Jennifer Lawrence for Best Actress.

Affleck’s next project is “Runner, Runner”, which also stars Justin Timberlake. The film is due out later this year.