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“Often mistakenly referred to as a door, the ornate structure was in reality part of the door frame just above the first-class lounge entrance,” Heritage Auctions wrote in the auction notes.
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It was sold alongside a roster of other props at the “Treasures From Planet Hollywood” auction, which included memorabilia items once displayed at Planet Hollywood locations worldwide and from its archives. These included pieces such as the whip from “Indiana Jones and the Temple of Doom” and the ax from “The Shining.”
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But the “Titanic” flotsam took the prize for the highest-priced piece, far exceeding its starting price of $40,000 and selling for a grand total of $718,750 following a high-energy bidding war.
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“What you’re seeing is this massive interest in the films of the 1980s and 1990s,” said Joe Maddalena, executive vice president of Heritage Auctions, in a statement. “There has been a generational shift to where these massive franchises of the 1980s and 1990s — the ‘Home Alone’s, the ‘Indiana Jones’ films, the ‘Die Hard’s — are now collectors’ favorites… Collectors are finally rewarding these artifacts as what they are: cultural artifacts akin to the fine art of old.”
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