11 November 2012 6:13 PM, PST | cinemablend.com | See recent Cinema Blend news »

Certain movie memorabilia can bring in a ton of money, including cars, props, and costumes. While I highly doubt in five years anyone will care about Emma Watson.s Perks of Being a Wallflower costume that was on display at the Hollywood ArcLight a few weeks ago, certain iconic costumes are recognizable.and beloved.decades after a movie has been created. Recently, one important costume from the 1939 flick The Wizard of Oz went up for auction, and proved how important a piece of movie history can be when sold to the right buyer. Over the weekend, Dorothy.s blue gingham dress--the dress that was famously worn throughout The Wizard of Oz by actress Judy Garland--was among the movie related items that went up for sale at Julien.s Auctions in Los Angeles. Earlier this week, initial auction speculation guessed the frilly dress would bring in somewhere between $400,000 and $600,000. Whoever »

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