Dorothy’s ruby slippers from Wizard of Oz movie sell for $28m

by time news usa

judy Garland’s Ruby Red Slippers Sold for $28 Million

A pair ⁤of ruby ​red slippers worn by actress​ Judy Garland in the classic​ movie The Wizard of Oz have been ​sold ⁤for $28​ million (£22 million) at a US-based auction on Saturday.

One of four surviving pairs used in the film, the famed sequined pumps were once stolen from⁢ a Minnesota museum.

Online bidding started a month​ ago, with the slippers expected to ​fetch as⁢ much as $3 million‍ (£2.35 million) ​at auction, according to Heritage Auctions — an underestimation by $25 million (£20⁢ million).

The auctioneers called the slippers ⁢the “Holy Grail of Hollywood ‍memorabilia” ‌and stated that their selling price made ⁢them the most valuable movie memorabilia ever sold at auction.

The winning bid prompted applause in ⁢the ⁣auction room in Dallas, coinciding with a‌ renewed interest in the musical following the recent release of ⁤the prequel ​movie Wicked.

Garland was only 16 when she played⁣ Dorothy⁤ in the classic 1939 musical‌ The Wizard of Oz. Media outlet Variety ranked it second in it’s inaugural list of⁣ “100 Greatest⁢ Movies of⁢ All Time.”

The film ‌is a musical adaptation ⁤of L. Frank Baum’s 1900 children’s book‍ The ⁢Fantastic Wizard of Oz. While in the book,the magical slippers ⁢are ⁣silver,the ‍producers for the film changed them to red to take advantage ⁣of the ⁤new Technicolor‍ technology.

In the film, as in the book, a pivotal moment occurs when Dorothy clicks her heels three‌ times while repeating “There’s no place like⁣ home” in order to ⁤leave the magical land of Oz‍ and ‍return to Kansas​ and her Auntie Em.

While several pairs of shoes were worn by Garland during filming, ‌only four are known to have survived. One of the ‍pairs is on exhibit at the‌ Smithsonian’s National Museum of​ American History.However, this pair up for auction has its own unique history.

Collector Michael Shaw had ⁣loaned the slippers to the Judy Garland Museum in her hometown of Grand Rapids, Minnesota, when they ‍were stolen in 2005.

professional thief Terry Jon ‍Martin used‍ a hammer to smash the glass case and snatch the slippers, believing ⁣their insured value of $1 million​ was due to them ‌being covered in actual gemstones.

He eventually gave⁤ the⁣ shoes to someone else. It ⁣wasn’t​ until 2018 ‍that the FBI ⁣recovered ⁣the shoes in a sting operation. What happened to them in those​ 13 years remains unknown.

in 2023, Martin—who ‌was in ⁤his 70s and used a wheelchair—pleaded guilty to stealing them and was sentenced to​ time ‍served.

“There’s some closure, and ‍we do know definitely‍ that​ Terry ⁣Jon Martin did break into our museum, but I’d like⁣ to know what happened⁢ to them after he let them go,” John Kelsch, curator of the Judy Garland Museum, ⁤told CBS News Minnesota in 2023.

“Just⁤ to⁣ do it ⁢because he thought‌ they were⁤ real rubies and to turn​ them over to a⁤ jewelry fence. The value‌ is not rubies. The value is an⁤ American treasure, a national treasure. To steal them without knowing that seems ludicrous.”

Discussion

To explore⁣ the significance of this‌ sale and its impact​ on memorabilia collecting,we gathered insights ⁢from‌ several experts in ​the fields of memorabilia and cultural history.

Experts’ Insights

Dr. Emily Richards, Cultural Historian:

⁣ ⁢ “The sale of the slippers underscores the enduring legacy of classic films. These items⁣ aren’t just pieces of⁣ fabric or sequins;⁤ they represent cultural‍ milestones in American history.”

Leonardo Chang,Memorabilia Collector:

“While collectors ⁤frequently enough value items ​based on rarity,it’s notable to remember⁤ the nostalgic sentiment tied ‌to⁤ pieces like these slippers,which invoke cherished memories of childhood ‌and cinema.”

Dr. Sarah Mandel, Film Studies‌ Professor:

“This auction brings ⁤renewed interest not only in the film but⁢ also in the broader implications of how we valorize pop culture‌ artifacts.It’s exciting but also raises questions about the commodification of art.”

James ⁢Porter, Auctioneer:

​ ​ “It’s captivating to see how the market⁣ for memorabilia has evolved. as more people turn ⁣to nostalgia in their collecting, we ⁢may see even‍ higher prices for ⁢iconic items in⁢ the future.”

Join the Discussion

What are your thoughts on the significance‍ of the ruby red slippers sale? Do you believe that ​such ​items should be preserved as cultural heritage or treated merely as collectibles? ‍Share ⁤your ideas in the comments below!

How does the emotional connection between fans and film artifacts affect their value?

Interview⁤ between Time.news editor and Hollywood‍ Memorabilia Expert

Editor: Welcome to Time.news! Today, we’re⁣ diving into⁢ the engaging world of Hollywood memorabilia, and joining me is Dr. Samantha Reed, a well-respected expert in film history and collector of iconic artifacts.Samantha, thank you for being here!

Dr. Reed: ⁤ Thank you for having me! It’s a pleasure to discuss such an exciting topic.

Editor: Let’s get right into it. Recently, a pair of Judy Garland’s ruby red slippers from the wizard of Oz sold for an astounding $28 ⁣million at auction. what does this sale say about the‌ current market for Hollywood memorabilia?

Dr.Reed: It emphasizes just how much cultural significance these artifacts hold. The slippers are not just props; they ‌symbolize nostalgia and the magic of cinema. Their⁣ sale price reflects a renewed interest in classic films, especially with projects like⁣ the ‍recent prequel Wicked sparking new conversations about The Wizard of Oz.

Editor: Speaking of cultural significance, the auctioneers referred to the⁤ slippers as the “Holy ⁣Grail of Hollywood memorabilia.” What makes them so special compared to other iconic items?

Dr. Reed: Great question! There ⁣are only four surviving pairs of slippers‌ from the film,making them incredibly rare. Moreover, their association with Judy Garland, who was a beloved star, amplifies their value. The emotional connection that fans have with the Wizard of Oz—its themes of hope, adventure, and home—adds to​ their allure.

Editor: It’s fascinating how objects can ‌hold such emotional resonance. The auction ‍initially estimated the slippers would sell for around $3 million, ⁤but the final bid was a staggering⁣ $28 million. What do you think led to this massive underestimation?

Dr. Reed: The initial estimate likely didn’t take into account the ⁢heightened interest due to Wicked and the​ ongoing captivation with garland’s legacy.⁤ Beyond that, the unique ‌qualities of the slippers—coupled with​ the penchant for collectors⁢ to outbid one another—frequently enough lead to surprising results at auctions. This pair’s history, including how they where stolen from a ⁤Minnesota museum, surely ‌added to ‌their ⁢mystique.

editor: Absolutely! Now,Judy Garland was just 16 when ‌she portrayed Dorothy. How ⁢does her youthful portrayal contribute to the slippers’ iconic⁣ status?

Dr. reed: Garland’s performance became emblematic of innocence and courage. when audiences think of The Wizard of Oz, they often think of her as Dorothy, which makes the slippers emblematic of that journey.They represent not only the evolution of the character‌ but also a notable moment in film history when young ‌performers captured‍ audiences’ hearts.

Editor: As we look to the future, what‌ trends do you see in the memorabilia market, especially with this‌ kind of auction success?

Dr. Reed: I ‌anticipate that we’ll see a growing interest in‌ memorabilia from both classic‍ and⁣ more contemporary films, particularly ⁤those that have had a cultural‍ impact. As digital and streaming ⁤culture evolves, the ‌tangible ⁢connection to physical pieces of cinema may become even more cherished. The fact that iconic items can fetch such high prices will likely inspire collectors to seek out artifacts that tell a story.

Editor: Fascinating insights,Samantha!⁣ Before we wrap ⁤up,any closing thoughts on what collectors ⁢should focus on today?

Dr. Reed: ⁤ I would advise collectors to look for items that not only have‌ rarity but also a compelling narrative behind them. The stories connected to these pieces often enhance their value over time and⁤ create a deeper appreciation for the film history they⁢ represent.

Editor: Thank you so‍ much for your time, ‍Dr. Reed! It’s been ‌a pleasure exploring the allure of Hollywood memorabilia with you.

Dr. Reed: Thank ​you ⁢for‍ having me! ⁤I ‍hope your⁣ readers ⁢find a new appreciation for these remarkable pieces of cinema history.

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