The dress actually sold for $4.6 million, but the auction house will take $1 million commission extra from the buyer.
The garment was designed by William Travilla and was made from rayon-acetate to give it sharp pleats
Among the other items sold were the racing clothes worn by Elizabeth Taylor in the 1944 film National Velvet, which went for $60,000, as well as her headdress from Cleopatra. Taylor had given Reynolds many of the objects in the collection.
A dress and a pair of ruby slippers worn in a screen test for The Wizard of Oz by Judy Garland sold together for $1.75 million; and Charlie Chaplin's bowler hat, as worn in The Little Tramp and other films, went for $135,000.
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