Although there were several other props from the movie, the auction for the door frame was the most heated.
James Cameron's "Titanic" is one of those movies that sticks with you, especially the ending. Remember the scene with the wooden door where Jack (Leonardo DiCaprio) boosts Rose, (Kate Winslet) onto it to save her while he stays in the freezing Atlantic? That door, or the "floating wood panel," was just auctioned off and it sold for a ton of money. The prop used in the film was sold for $718,750, as per Smithsonian Magazine.
Leonardo DiCaprio’s hilarious answer when asked if Jack could have fit on the door in “Titanic”
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As per the outlet, the crew used 17 million gallons of water to recreate the Atlantic Ocean and the door frame used in the scene was made up of balsa wood. The wood is famous in woodworking for its softness and high strength compared to its low density. The prop was sold on March 23 during a Heritage Auction sale which featured 1600 artifacts from Planet Hollywood. Other popular props sold were the ax from "The Shining," sold at $125,000, and the whip from "Indiana Jones and the Temple of Doom," which was sold for $525,000. A bowling ball from "Kingpin," a story about a young bowler, sold for $350,000. Princess Leia's blaster from the "Return of the Jedi" was sold for $150,000.
The auction was intense and prompted so many wars that the auctioneers lost track of what was happening, Joe Maddalena, executive vice president at Heritage Auctions, said in a statement. “The extraordinary success of this auction proves what I’ve known all along, The interest in and appetite for modern movie props and costumes—all of which were once displayed in Planet Hollywood's worldwide or part of their legendary archives—is profound, deep and insatiable,” he added. Several other "Titanic" props were sold at the auction, but the main attraction was the door frame, which is eight feet long and three and a half feet wide. The other items sold include the ship’s helm wheel, Rose’s chiffon dress and a large brass engine order telegraph.
As per the source, the bidding for the door started at $60,000 and soared to $700,000. One can only imagine how intense it must have been at the moment. As the bids were getting more intense, the auctioneer further emphasized the prop's importance and said, “Before this scene, it was an adventurous love story!” Mike Sadler, the auctioneer, then continued, “Now, it becomes the tragic love story—'Romeo and Juliet.'” The bidder's premium brought the final price to $718,750. The auction house hasn't revealed the buyer's identity yet. According to the lot listing, the prop was inspired by a piece of wreckage from the 1912 Titanic incident.