MINNEAPOLIS—A pair of iconic ruby slippers that were worn by Judy Garland in “The Wizard of Oz” and stolen from a museum nearly two decades ago sold for a winning bid of $28 million at auction Saturday.
Heritage Auctions had estimated that they would fetch $3 million or more, but the fast-paced bidding far outpaced that amount within seconds and tripled it within minutes. A few bidders making offers by phone volleyed back and forth for 15 minutes as the price climbed to the final, eye-popping sum.
