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Elton’s Old Costume Proves to be a Top Draw at Auction
Posted by editor_usa

Monday 1
August 2011 @ 15:43

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Above is a Pierrot outfit Elton wore in two music videos in the 1980s.

It was sold Friday at Heritage Auction‘s movie and music sale in Dallas, Texas.

One of the more popular lots, it ended up fetching $14,340.

But the most coveted collectible, going for $89,625, was an Oscar, as the trophies are rarely sold.

A rule adopted in 1950 by the Academy of Motion Picture Arts and Sciences prohibits Academy Award winners or their heirs from selling a statue without first offering it back to the academy for a price of $1.

This Oscar, presented before that rule was enacted, was won by Nathan Levinson for best sound recording for the 1942 film Yankee Doodle.

Almost 800 items in all went on the auction block, and these included guitars once owned by Elvis Presley.