Auction house selling 'The Wizard of Oz' hourglass with starting bid at $400K

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Auction house selling 'The Wizard of Oz' hourglass with starting bid at $400K
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The 'Wicked Witch of the West' hourglass from the 1939 film, 'The Wizard of Oz,' is being auctioned off by Heritage Auctions with a starting bid of $400,000.

of wood and papier-mâché with winged gargoyles perched atop three spiraled columns," the auction house's website states.MGM reused it in films such as "Babes on Broadway" , "Diane" , and "7 Faces of Dr. Lao" , according to Heritage Auctions.

Through the years, the prop has garnered some wear and tear due its production use, notes the auction's website."Scuffing and cracking to paint on the gargoyle pillars as well as scuffing" and "evidence of studio repair, including pegs installed to secure the gargoyle ears to the base" are described in Heritage Auctions' description of the prop.

Margaret Hamilton and a winged monkey look into a crystal ball in a still from the film,"The Wizard of Oz," directed by Victor Fleming, 1939. The hourglass has been featured in the Los Angeles Public Library's Getty Gallery museum exhibition along with the Farnsworth Art Museum, Rockland, Maine and Figge Art Museum, Davenport, Iowa , according to Heritage Auctions.

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