Diane Keaton’s nail clippers for $960: what’s behind the new boom in celebrity estate auctions?
Summary
Items that belonged to famous people who have died are being sold in auctions, and fans are paying much more than expected for these personal belongings. Diane Keaton’s estate auction, which includes hats, scarves, and even nail clippers, has raised over $1 million by selling many items for prices much higher than their estimates.Key Facts
- Auctions of personal items from deceased celebrities have become very popular since the Marilyn Monroe estate sale in 1999.
- Diane Keaton’s auction at Bonhams in New York included 787 items from her personal and professional life.
- Her original script for the movie Annie Hall sold for $394,000, far above the $2,000 estimate.
- Some hats and scarves sold for thousands of dollars, well above their initial estimates.
- A collection of nail clippers and safety pins sold for $960.
- Fans want to own personal items from celebrities to feel closer to them and remember important moments in their own lives.
- The auctions attract collectors who admire celebrities and have money to spend on unique items.
- Bonhams works with The Fine Art Group, a specialist in celebrity auctions, to sell these collections.
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