Marlon Brando’s ‘Godfather’ Tuxedo Heads to Auction for the First Time

It’s an offer fans of The Godfather can’t refuse: The tuxedo Marlon Brando wore in Francis Ford Coppola’s 1972 masterpiece will be heading to auction for the first time in September.

Carrying a pre-sale estimate of US$200,000, the complete formal tuxedo—which previously had been held in a private collection—was worn by Brando in the opening wedding scenes of his Academy Award-winning role as “Vito Corleone.” (According to Hollywood lore, Brando wore his own personal tuxedo in the film as he refused to have a fitting for a new one.) It’s just one of several Brando items scheduled to be sold by Studio Auctions; also going up for grabs will be his filming script (no estimate provided) from The Godfather , as well as his personal Rolodex containing the names and phone numbers of Hollywood’s elite. (Pre-sale estimate: US$40,000).

The three-day event—titled “From Bombshells to Blasters: An Auction You Can’t Refuse” —will be held from Sept. 20-22 at the auction house’s headquarters in Burbank, Calif.

Robert Downey Jr.’s suit from Iron Man: Civil War .
Thann Clarke

“Each item tells a unique story and holds a piece of cinematic history that has left a major impact on American culture,”says Brad Teplitsky, co-founder at Studio Auctions.

“These pieces span generations and ensure there’s something for everyone, from Star Wars fans to admirers of Hollywood’s Golden Age.”

Collectors of Hollywood memorabilia will get the chance to own authenticated items from icons like Marilyn Monroe and James Dean, as well as collectibles from classics such as The Wizard of Oz, Iron Man, and Alien . The auction will also feature the artwork collection of Academy Award-winning production designer/art director Rick Carter, which spans several films Steven Spielberg had a role in creating, including Back to the Future and Jurassic Park , as well as Avatar and Star Wars.

A wand prop used on screen by Billie Burke as Glinda the “Good Witch of the South” in The Wizard of Oz
Thann Clarke

Among the instantly recognisable props never before seen at auction is the rare appearance of a screen-used character suit from the Marvel Cinematic Universe: Iron Man’s “Mark 46 TA Hero Suit Torso,” worn by Robert Downey Jr. in Iron Man: Civil War (2020). Constructed of cast fibreglass, resin, and mixed-media components, the electrically wired torso is expected to sell for upward of US$200,000.

Bidders will also have the chance to own the hero wand prop used on screen by Billie Burke as Glinda the “Good Witch of the South” in The Wizard of Oz (1939), which carries a pre-sale estimate of US$100,000.

“These are extremely rare items, and the fact that none of the mentioned pieces have ever been to auction before adds a layer of exclusivity,” says Teplitsky. “Owning something like Marlon Brando’s tuxedo from The Godfather , one of the most iconic movies of all time, is a once-in-a-lifetime opportunity to own a fragment of cinematic history.”

The live auction will be streamed for bidders worldwide, and pre-bidding will open on Aug. 20 at StudioAuctions.com.

The recent budget has forced a reckoning for property investors.

Negative gearing now restricted to new residential builds, the CGT discount gone and on paper, the numbers look different.

And many investors are responding by pivoting toward yield, prioritising cash flow over capital growth in a way that property strategists say misses the point entirely.

“The debate has shifted to yield versus growth as if they are opposing forces,” says Abdullah Nouh, founder of Melbourne-based buyers’ agency Mecca Property Group. “But that framing is itself the mistake.”

Nouh, who works with high-net-worth families and investors on long-term acquisition strategy, argues that capital growth remains the primary driver of genuine wealth creation and that the post-budget environment has made quality assets more important, not less.

The numbers make his case plainly. An additional $500 per week in rental income is welcome. A prestige asset appreciating by $1 million over a market cycle is transformative.

These are not equivalent outcomes, and portfolios built around yield at the expense of location and land value tend to generate income while wealth stands largely still.

The more nuanced shift Nouh is seeing among sophisticated investors is a move toward assets where both outcomes can be engineered simultaneously – established homes on substantial land in quality locations, where the existing dwelling can be repositioned, rental returns improved, and the underlying land value compounds independent of what sits on it.

For investors with existing equity, commercial property is also entering the conversation in a more serious way.

Prestige industrial assets, medical centres and long-leased essential retail offer income profiles that residential property in most capital city markets cannot currently match: longer lease terms, tenants covering outgoings, and greater predictability than the residential tenancy cycle.

“The investors who build lasting wealth are rarely the ones who chased yield or growth exclusively,” says Nouh.

“They are the ones who built a strategy they could sustain – one that generated enough income to hold quality assets through multiple cycles while those assets compounded in value.”

The budget has changed the settings. It has not changed the fundamentals.

Marlon Brando’s ‘Godfather’ Tuxedo Heads to Auction for the First Time

The federal budget has rattled property investors. But the biggest mistake isn’t the tax changes, it’s the conclusion many are drawing from them.