Marilyn Monroe ‘subway’ dress sells for $4.6 mln

BEVERLY HILLS, Calif.,  (Reuters) – The pleated  ivory dress that blew around Marilyn Monroe in an iconic scene  from “The Seven Year Itch” sold for $4.6 million at a weekend  auction of Hollywood costumes — far exceeding its estimate.

The so-called “subway” dress is perhaps the most  recognizable in movie history. In Billy Wilder’s 1955 movie, a  passing train sent a draft through a grate as Monroe giddily  stood above it proclaiming, “Isn’t it delicious?”

The William Travilla design was estimated to sell for  between $1 million and $2 million, the crown jewel at a 12-hour  auction of nearly 600 costumes and pieces of memorabilia being  sold by actress Debbie Reynolds in Beverly Hills on Saturday.

Monroe’s red-sequined dress from “Gentlemen Prefer Blondes”  went for $1.2 million. Its pre-sale estimate was $200,000 to  $300,000. Audrey Hepburn’s Ascot dress from “My Fair Lady,”  carrying the same estimate, sold for $3.7 million.

The collection featured costumes worn by other Hollywood  stars, from Grace Kelly, Natalie Wood and Elizabeth Taylor to  Madonna and Mike Myers.

Reynolds, 79, began amassing the impressive collection when  she was a young actress under contract at MGM. When the studio  auctioned off everything except its real estate in 1970, she  turned a pastime into what she called an “obsession.”

But her dream of displaying her beloved costumes in a  museum was dashed when a Tennessee project went bankrupt in  2006, and she was forced to sell them to pay back creditors.  “Now everyone has the opportunity to own them,” Reynolds said.