The iconic red cape worn by Christopher Reeve in “Superman III” (1983) takes center stage as Propstore launches its Entertainment Memorabilia Live Auction this week, a three-day event featuring over 1,300 extraordinary lots from cinema and television history.
The Man of Steel’s Walking Cape
Lot 391, Superman’s cape from “Superman III”, carries an estimate of $79,200 to $158,400, with current absentee bidding already reaching £47,500. The walking cape represents one of several significant Superman pieces available in the auction, which runs December 5-7, 2025.

A Legacy Collection
The auction showcases multiple items celebrating Christopher Reeve’s definitive portrayal of the Man of Steel:
– Superman’s Tunic (“Superman III”, 1983): Estimated at £40,000-£80,000
– Quarter-Scale Superman Miniature Costume (“Superman”, 1978): Current bid at £20,000, estimated £30,000-£60,000
– Production Clapperboard (“Superman”, 1978): Current bid at £10,000, estimated £10,000-£20,000



How to Bid
Day 1 bidding kicks off tomorrow, December 5, 2025, at 3:00pm GMT (7:00am PST) at BAFTA’s 195 Piccadilly location in London. Collectors unable to attend in person can participate via online bidding, phone, or absentee bids throughout all three days.
A special Pre-Auction Drinks Reception will be held at the venue from 2:00-3:00 PM on December 5, offering attendees the opportunity to preview select items while networking with fellow collectors and the Propstore team.
Beyond Superman
The Winter Entertainment Memorabilia Live Auction features over 1,350 rare artifacts collectively valued at over $10.5 million. The star lot is Boba Fett’s hero EE-3 carbine blaster from “The Empire Strikes Back”, with additional highlights including items from Alan Rickman’s personal collection and props from “The Shining”, “Beetlejuice”, and “Game of Thrones”.
For collectors of superhero memorabilia, this represents what may be the final opportunity to acquire authenticated pieces from one of cinema’s most beloved portrayals of Superman. The full catalog is available now at propstoreauction.com.