The enigma surrounding Tupac Shakur‘s life and death makes his memorabilia highly sought after. The latest item causing a stir is a bullet-dented pendant that belonged to the late rapper, which was recently put up for sale by memorabilia dealer Moments in Time. The pendant is currently listed for $125,000.
The rapper was allegedly wearing the diamond-encrusted gold crown medallion when he was shot in 1994 at Quad Studios in New York City.
— Los Angeles News Now (@lanewsnow) October 16, 2016
The owner of Moments in Time, Gary Zimet, told TMZ that a family member of Tupac’s gave the company the pendant to sell and that person would receive most of the profit. He did not disclose the identity of this person.
However, representatives for Tupac’s estate strongly denied that claim to TMZ and are threatening legal action toward anyone who buys or sells the pendant. In an interview with SPIN, Zimet shot down the family’s statement: “In a nutshell, the lawyers are full of s***. They’re claiming that anything and everything Tupac on the market — they’re claiming they have the right to everything. It is insanity. Complete insanity.” Zimet also revealed that he plans to keep the pendant up for sale on the website.
Earlier this month, Zimet also put the Bible Tupac had while in prison in 1995 up for sale. Allegedly, Tupac’s signature and prison inmate number are inscribed within the front cover of the book. The item was listed at $54,000.
It’s not uncommon for celebrity memorabilia to fetch as much as the pendant. In 2011, the sale of Elizabeth Taylor‘s jewelry, art and fashion items raked in $115.9 million, according to Artnet. This made it the most valuable jewelry auction in history.
Movie memorabilia are often auctioned for incredibly large sums, as collectors and memorabilia aficionados will pay huge amounts to get their hands on famous artifacts.
The Aston Martin DB5 used in both James Bond flicks Goldfinger and Thunderball sold for $4.1 million in 2010. Audrey Hepburn‘s iconic black dress from Breakfast at Tiffany’s sold for $923,187 in 2006. Another big sale was the ruby red slippers Dorothy wore in The Wizard of Oz, which went for $660,000.