Modern movie memorabilia fetched some stratospheric prices at the Profiles in History’s Drama, Action, Romance: The Hollywood Auction that was held over the past weekend. The item fetching the highest price ($372,000) was the bow used by Legolas (Orlando Bloom) in all three of Peter Jackson’s Lord of the Rings movies. Crafted in Weta’s workshop, the plastic composite bow was purchased by the toy company Hasbro and was given away as a grand prize in a sweepstakes contest.
According to The Hollywood Reporter, Legolas’ Bow nosed out a dress worn by Kate Winslet in James Cameron’s Titanic, which sold for $330,000, which was just a bit above its presale estimate of up to $300,000. Legolas’ Bow however sold for more than three times its upper presale estimated price of $120,000.
Of course the prices fetched by these modern movie items (all well under 50 years old) pale when compared with the $1.2 million paid for an original poster for Fritz Lang’s Metropolis (see "'Metropolis' Poster Sold") from 1927.