Jack Dunn A pair of ruby slippers worn by Judy Garland in the 1939 classic “The Wizard of Oz” sold at auction Saturday for $28 million.
In an email sent to CBS News, Robert Wilonsky, vice president of communications at Dallas-based auction house Heritage Auctions, revealed that, including the buyer’s premium, the price tag for the iconic slippers rounded out to $32.5 million.
Estimations by Heritage were initially set at a modest $3 million. It only took a couple of days for the bid to skyrocket to $1.55 million, with over 800 potential buyers tracking the item.
In 2005, the slippers were stolen from the Judy Garland Museum by ex-mobster Terry Martin. Because the slippers had been insured for $1 million dollars, he had falsely assumed they were made from real rubies.
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