"Breakfast at Tiffany's" dress fetches $920,000

The iconic black dress worn by Audrey Hepburn in the 1961 film"Breakfast at Tiffany's" sold for 410,000 pounds ($800,000) on Tuesday, around seven times its pre-sale estimate.

Including the premium paid to auctioneers Christie's, the total cost for the sleeveless, floor-length Givenchy cocktail gown rose to 467,200 pounds ($920,000).

The sale room at Christie's broke into applause at the end of a long and tense session when it was finally bought by an anonymous telephone bidder. Christie's would only say that the successful bidder was European.