Each pair of ruby slippers is estimated at a value of $1.5 million, making them the most expensive Hollywood memorabilia known. They have been dubbed by some as “The Holy Grail” of all Hollywood nostalgia. Despite their incredible fame, the slippers have an interesting history that you may not know about. Read on to learn more about these historic shoes!
Did you know that the Ruby Slippers were almost silver? Dorothy’s slippers in the book are actually silver, and they were silver on the set as well until MGM Chief Louis B. Mayer realized that the technicolor production would benefit from the slippers being a beautiful ruby color.
Supposedly there are seven pairs of ruby slippers; however there are five known pairs and owners. Sadly, one pair was stolen while on loan, so the actual locations of only four pairs are known.
The House of Winston made a pair of real ruby slippers to celebrate the film’s 50th anniversary in 1989 that are valued at $3 million. To celebrate the 70th Anniversary of The Wizard of Oz, Warner Bros. enlisted Swarovski crystal and top designers such as Christian Louboutin, Manolo Blahnik, Jimmy Choo, and Betsey Johnson to create new ruby slippers that would answer the question, “If Dorothy were living in the 21st Century, what would she wear?” The complete collection toured through 2009.