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Wednesday, March 23, 2011

Debbie Reynolds Greatest Hollywood Auction Since 1970 MGM

Rudolph Valentino Costume from Blood & Sand

"My lifetime dream has been to assemble and preserve the history of the Hollywood film industry. Hollywood has been an enormous part of my life as I know it has been for countless fans all over the world.  This collection represents a lifetime of collecting Hollywood artifacts and this is a rare opportunity to own a piece of Hollywood History for those who love the movies as much as I do.  For the first time in nearly five decades, these iconic pieces will be made available to the public through a series of auctions presented by Profiles in History beginning in June 2011."    -Debbie Reynolds

Due to an unfortunate set of circumstances, one of the largest private collections of rare movie memorabilia will be placed at auction this coming June.  Debbie Reynolds who amassed arguably one of the most important collections of film costumes and props is now forced to sell these Hollywood artifacts.  Costumes worn by Marilyn Monroe, Judy Garland, Fred Astaire, Ginger Rogers, Julie Andrews, and James Cagney, and props from "Gone With The Wind."  This will be the most significant memorabilia auction since the 1970 Weisz MGM auction, where Debbie Reynolds began her extensive collection. There was very little value and virtually no market for movie memorabilia prior to the 1970 MGM auction.  In fact it is the 1970 MGM auction which forever changed the movie memorabilia market.  It was Reynolds who saw the importance of preserving these film  relics before movie memorabilia was a highly prized commodity.  She saved these pieces of film history from complete destruction.  Even though letting go of these prized possessions is a bitter pill she has approached this endeavor with the grace and optimism she is known for.

1 comment:

  1. I was lucky enough to see this collection assembled perhaps for its first and last time at the Paley Center. The auction was a 12 hour epic with moments of stunned, rapturous applause, when Marilyn's subway dress went for $4.6 million and Audrey Hepburn's Ascot dress went for $4.5 million, and the ruby slippers went for $627,000. Hollywood history scattered to the wind because Hollywood didn't value it's heritage - just this weekend's grosses.