Kate Winslet’s ‘Titanic’ Overcoat Up For Auction for $100k Plus

Remember Kate Winslet’s ‘Titanic’ overcoat? In the final sinking scenes where you sat holding your breath when Rose was wading through the flooded ship in search of Jack? Yes, that one. 26 years later, the iconic overcoat is put up for auction. Not surprisingly, it is expected to fetch a lumpsum from possibly a Titanic junkie.

Kate Winslet’s ‘Titanic’ Overcoat

Given the success of the movie and its record-breaking achievements, the iconic overcoat is deservedly a part of history and not one to be forgotten in decades. Kate Winslet could be seen living the character of Rose in the 1997 movie wearing the floor-length pink wool overcoat with black floral embroidery.

The scenes Rose appears in wearing the coat are most critical in the movie. It includes the scene where Rose frees Leonardo DiCaprio’s character Jack, who was restrained to a pole on the flooded deck of Titanic by the villain. You’ll remember her tying up the waist belt of the coat getting ready to break the handcuffs in one precarious swing of an axe.

Reportedly, the coat still bears the stains from the water during the shoot. A rare instance of a stain being a desired attribute on a beautiful and precious attire.

The iconic coat was designed by famous designer Deborah Lynn Scott. Scott won the Oscar for Best Costume Design for her work on the James Cameron movie, which adds further value to the piece.

In 1998, the film’s production company 20th Century Fox sold artefacts from the movie, including the coat, which was made by clothing retailer the J. Peterman Company, based on Scott’s design. It came with a letter of authenticity from the clothier and 20th Century Fox confirming it was worn in the movie.

“That individual then kept it for a number of years,” Goldin explained of the first buyer, “and sold it in the early 2000s and the owner who bought it years ago contacted us.”

He then hired Resolution Photomatching, a company that matches worn items with images of the person wearing them from photos — to verify that it was the exact same one she wore.

How Much is the Titanic Overcoat Worth?

The item is expected to fetch more than $100,000, as per a report in the New York Post.  Ken Goldin, the Founder and Chief Executive Officer of the auction house Goldin stated that “it’s definitely a six-figure piece”. “It’s going to go for $100,000 plus,” he told the Post. As per the auctioneer, five individuals have already made offers as of Friday night, with the highest being $34,000.

The auction house states on its website:

“This floor-length wool overcoat worn by Rose during those frantic moments as she navigates the sinking ship while rescuing Jack bears visible water stains on the inside and across the interior silk. Intricate embroidery in black appears alongside floral embroidery that gives the coat dynamic bespoke realism aligned with the fashion of the times” .

This elaborate outfit is part of Goldin 100, one of the auction house’s most exclusive sales, with artefacts valued at $100,000 or more.

The auction house predicts that the buyer might be “any movie memorabilia and pop culture collector” or a “person who maybe never collects, but is a huge fan of the movie.” “It is an overcoat, so possibly somebody may want it to give it to their wife to show off and wear and say, ‘This is the coat that Kate Winslet wore’,” Mr Goldin told the outlet.

What price do you think the highest bidder would be willing to pay for the extraordinary memorabilia?