I have been traveling for the past week, so did not personally watch the latest Profiles in History sale (“Hollywood Auction 53”) live, but received a number of e-mails and texts from others in this art market commenting about the overall “lackluster” and “disappointing” results of the event, though there were a few surprises and stand out pieces (such as the Lord of the Rings Legolas bow going for $372,000 with Buyer’s Premium, Kate Winslet’s dress from Titanic selling for $330,000 with BP, and an X-Wing model from Star Wars realizing approximately $270,000 with BP).  Based on a spreadsheet compiled by a friend, focusing on Lots 433-902 (the second half of the catalog, following classic Hollywood photos, etc.), about 40% of the items were not sold.  [Read more…]