Sunday, 22 November 2015

Significant movie memorabilia heading for auction

Over the last decade, movie, sports and music memorabilia has grown into a massive industry as the baby boomer generation (the current holders of the majority of the world's wealth) has recognized that there are greater returns to be had by investing wisely in those areas than in many traditional asset classes such as shares and real estate. Several iconic items of movie memorabilia going to auction on Monday will provide a bellwether for the entertainment memorabilia marketplace: two Marilyn Monroe dresses, Dorothy's dress from The Wizard of Oz, the 'Rosebud' sled from Citizen Kane, and Steve McQueen's race suit from Le Mans. Why? Because similar items have been auctioned before.

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Section: Collectibles

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