Ruby Slippers sell for $32.5 million! Heritage Auctions Sells the “Holy Grail” of Hollywood Memorabilia
Gary Roskin –
Roskin Gem News Report –
Dorothy’s Ruby Slippers sold Saturday at Heritage Auctions for a price somewhere over the rainbow, way up high: $32.5 million.
According to Heritage Auctions, this pair of ruby slippers is just one of four surviving pairs that were worn by Judy Garland in 1939’s The Wizard of Oz. “The slippers that sold Saturday are now the most famous pair, and, by far, the most valuable movie memorabilia ever sold at auction!”
This sale was part of the December 7 Hollywood/Entertainment Signature® Auction which raised $38,615,188.
“There is simply no comparison between Judy Garland’s Ruby Slippers and any other piece of Hollywood memorabilia,” says Heritage Auctions Executive Vice President Joe Maddalena. “The breathtaking result reflects just how important movies and movie memorabilia are to our culture and to collectors. It’s been a privilege for all of us at Heritage to be a part of the slippers’ epic journey over the rainbow and off to a new home.”
For our previous coverage of this pair of “ruby” slippers, tap here: Dorothy’s Ruby Slippers are Up for Sale: Heritage Auctions
Live bidding opened at $1.55 million. (Watch the live action above!)
Several thrilling minutes later, as bidding hit million-dollar increments, the slippers hit their final price, and the auction room erupted with applause. The pre-auction estimate for the slippers was $3 million and up. They surpassed that within seconds.
on the set of “The Seven Year Itch.”
Sunset Boulevard/Corbis/Getty Images
The Record
Previous to this sale, at Heritage, the highest price paid for an entertainment piece of memorabilia, the high record, was $5.52 million for Marilyn Monroe’s Subway dress.
Tap Here to read more about the final sale at Heritage Auctions, Saturday, December 7th, 2024.
