Debbie Reynolds 2017
The museum was to relocate to be the centerpiece of the Belle Island Village tourist attraction in the resort city of Pigeon Forge, Tennessee, but the developer went bankrupt. The museum filed for Chapter 11 bankruptcy in June 2009. The most valuable asset of the museum was Reynolds' collection. Todd Fisher, Reynolds' son, announced that his mother was "heartbroken" to have to auction off the collection. It was valued at $10. 79 million in the bankruptcy filing. The Los Angeles auction firm Profiles in History was given the responsibility of conducting a series of auctions. Among the "more than 3500 costumes, 20,000 photographs, and thousands of movie posters, costume sketches, and props" included in the sales were Charlie Chaplin's bowler hat and Marilyn Monroe's white "subway dress", whose skirt is lifted up by the breeze from a passing subway train in the film The Seven Year Itch (1955). The dress sold for $4. 6 million in 2011; the final auction was held in May 2014.