The red ruby slippers Harry Winston designed is the most expensive pair of shoes in the world, valued at $3 million.
The ruby slippers are the magic pair of shoes worn by Dorothy Gale as played by Judy Garland in the 1939 Metro-Goldwyn-Mayer musical film The Wizard of Oz. Because of their iconic stature, the ruby slippers are among the most valuable items of film memorabilia. A number of pairs were made for the film, though the exact number is unknown. Five pairs are known to have survived; one pair was stolen from a museum in 2005 and recovered in 2018.
In L. Frank Baum's original 1900 novel, The Wonderful Wizard of Oz, on which the film is based, Dorothy wears Silver Shoes. However, the color of the shoes was changed to red to take advantage of the new Technicolor film process used in big-budget Hollywood films of the era. Film screenwriter Noel Langley is credited with the idea.
In honor of the fiftieth anniversary of The Wizard of Oz, the Harry Winston jewellery company created a size-four pair of slippers using "about 25 carats of diamonds and 1,500 carats of rubies". Valued at $3 million, they are reportedly the most expensive pair of shoes in the world.