APPRAISER: 1939 was the golden age of films. That year, they created one of my all-time favorites, The Wizard of Oz. Tell me about these movie props. Where did you get them?
GUEST: I purchased these swords from The Wizard of Oz movie from an auction company in California. I paid $595 for them back in 1984.
APPRAISER: The Wizard of Oz is one of the most beloved films based on the books by Frank Baum. These swords belonged to the guards of the Wicked Witch of the West, and they actually were called Winkies.
GUEST: Right.
APPRAISER: The designer of the costumes was a very famous costume designer in Hollywood at the time, Adrian. And he designed these spears, or pikes, as sometimes they're called, as part of the costume. Now, there were probably about 15 of the Winkies, so it's hard to know how many actual spears exist. In the 1970s, MGM Studios, that produced these films, held their own auctions, which sold such iconic things as the ruby slippers, as well as movie props like this.
GUEST: Mm-hmm.
APPRAISER: One of them sold in the late '90s for $7,500, and the price has escalated since then. One now on the auction market would bring about $15,000.
GUEST: Wow.
APPRAISER: You have two of them! And two of them would bring in excess of $30,000.
GUEST: Excellent.