'Titanic' Floating Wood Panel That Kept Rose Alive, Couldn't Fit Two People, Sells For $718K At Auction
Portfolio Pulse from Chris Katje
A 'Titanic' movie prop, the 'Rose DeWitt Bukater Hero Floating Wood Panel,' sold for $718,750 at the Treasures From Planet Hollywood auction by Heritage Auction. This auction featured several 'Titanic' artifacts, including a dress worn by Kate Winslet and outfits worn by Leonardo DiCaprio, consigned directly by Twentieth Century Fox, a unit of Walt Disney Co. (NYSE:DIS). The auction's total reached $15.68 million, with 'Titanic' items contributing $1.93 million. This event underscores the high interest and value in modern-movie props and costumes as alternative assets.
March 25, 2024 | 11:45 pm
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Walt Disney Co. (NYSE:DIS) consigned 'Titanic' movie artifacts, including a notable floating wood panel and costumes, at the Treasures From Planet Hollywood auction, contributing to a total of $1.93 million in sales for 'Titanic' items out of $15.68 million overall.
The successful auction of 'Titanic' artifacts consigned by Twentieth Century Fox, a unit of Walt Disney Co., highlights the company's ability to monetize high-value movie props. This event could positively influence investor perception by showcasing Disney's diverse revenue streams and the potential of its assets to generate significant income. The substantial contribution of 'Titanic' items to the auction's total sales underscores the enduring value and appeal of Disney's film properties.
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