Dorothy's Ruby Slippers
Dorothy's ruby slippers are, quite frankly, the most memorable pair of shoes in Hollywood history. Yes, this includes the shoes that Lil' Bow Wow found and wore in "Like Mike." Currently, the original pair of ruby slippers resides in the Smithsonian Museum, and of the three pairs that exist, this pair is valued at roughly $1 million.
But Where's the Cash?
However, just because the shoes were valued at $1 million, that doesn't mean that they are supposed to sell at that amount. Of the three pairs that exist, only one sold. The third, and least used pair, sold for $666,000. The second pair went on the auction circuit for $2 million, minimum offer, but strangely enough, they never sold.