The emerald and diamond engagement ring that Howard Hughes gave to Hollywood star Katharine Hepburn in 1938 sold for $108,000 at a Los Angeles auction, more than three times the expected price, while a collection of her love letters to him fetched $44,800.

Also read:&nbsp;<a href="https://www.wionews.com/entertainment/hollywood/news-Katharine-Hepburns-love-letters-to-Howard-Hughes-up-for-auction-312180">Katharine Hepburn's love letters to Howard Hughes up for auction</a>

Auction house Profiles in History said on Friday (July 24) that other personal items belonging to Hughes also went for more than their pre-sale estimates, including the entrepreneur's trademark fedora ($51,200),the two-tone jacket ($89,600) he wore while piloting his huge Spruce Goose flying boat, and the original poster artwork by Zoe Mozert of Jane Russell for 'The Outlaw', which Hughes co-directed and produced ($166,400).&nbsp;The buyers of the Howard Hughes items were not revealed.

<img alt="Ring" data-entity-type="file" data-entity-uuid="a6e59c09-dfa1-4179-abd7-755ab94bda20" src="//cdn.wionews.com/sites/default/files/inline-images/hqdefault.jpg" />

The engagement ring Howard Hughes gave to Katharine Hepburn&nbsp;

Hughes and Hepburn never married but their 18-month romance in the late 1930s, which was chronicled in the 2004 movie "The Aviator," was a big celebrity story at the time.

Her 55 handwritten letters, notes and postcards came to auction for the first time and had been expected to fetch up to $15,000. The engagement ring had a pre-sale estimate of about $30,000.

In the letters, Hepburn used pet names and pseudonyms like C. Mouse and Mrs. H.R. Country and showered the movie mogul and millionaire businessman with praise.

The letters and engagement ring are part of a wider collection of Hughes` documents and personal belongings that were acquired from the family of the late Vernon C. Olson, who was private accountant to Hughes. 
 
Other items include the two-tone jacket Hughes wore while piloting his huge Spruce Goose flying boat, his trademark fedora hat and contracts for multiple movies.

The emerald and diamond engagement ring that Howard Hughes gave to Hollywood star Katharine Hepburn in 1938 sold for $108,000 at a Los Angeles auction, more than three times the expected price, while a collection of her love letters to him fetched $44,800.

The emerald and diamond engagement ring that Howard Hughes gave to Hollywood star Katharine Hepburn in 1938 sold for $108,000 at a Los Angeles auction, more than three times the expected price, while a collection of her love letters to him fetched $44,800. Also read: Katharine Hepburn's love letters to Howard Hughes up for auction Auction house Profiles in History said on Friday (July 24) that other personal items belonging to Hughes also went for more than their pre-sale estimates, including the entrepreneur's trademark fedora ($51,200),the two-tone jacket ($89,600) he wore while piloting his huge Spruce Goose flying boat, and the original poster artwork by Zoe Mozert of Jane Russell for 'The Outlaw', which Hughes co-directed and produced ($166,400). The buyers of the Howard Hughes items were not revealed. The engagement ring Howard Hughes gave to Katharine Hepburn Hughes and Hepburn never married but their 18-month romance in the late 1930s, which was chronicled in the 2004 movie "The Aviator," was a big celebrity story at the time. Her 55 handwritten letters, notes and postcards came to auction for the first time and had been expected to fetch up to $15,000. The engagement ring had a pre-sale estimate of about $30,000. In the letters, Hepburn used pet names and pseudonyms like C. Mouse and Mrs. H.R. Country and showered the movie mogul and millionaire businessman with praise. The letters and engagement ring are part of a wider collection of Hughes` documents and personal belongings that were acquired from the family of the late Vernon C. Olson, who was private accountant to Hughes. Other items include the two-tone jacket Hughes wore while piloting his huge Spruce Goose flying boat, his trademark fedora hat and contracts for multiple movies.

Howard Hughes' engagement ring for Katharine Hepburn sells for $108,000

She signed off as 'Country Mouse' and called him 'My most excellent boss.' She was Hollywood star Katharine Hepburn and he was eccentric entrepreneur Howard Hughes. Many of her letters to him are going up for auction in Los Angeles for the first time on July 23. 
 
The emerald and diamond engagement ring Hughes gave to Hepburn in 1938 is also for sale, and is expected to fetch between $20,000 - $30,000 at the Profiles in History auction. 
 
Brian Chanes, head of consignment relations at Profiles in History, said the items were rare because of their personal nature. 
 
"Very little has really eked out because he (Hughes) was such a private individual," Chanes said. "We have over 55 hand-written letters, love notes, bedside notes from Katharine Hepburn. They were lovers for about a year, a year and a half, from 1937 to `38 and they’re very, very juicy." 
 
Hughes and Hepburn never married but their romance, which was chronicled in the 2004 movie "The Aviator," was a huge celebrity story at the time. 
 
The letters are expected to fetch up to $15,000 at the auction. 
 
Hepburn used pet names and pseudonyms like C. Mouse and Mrs HR Country when signing the letters, which showered the movie mogul and millionaire businessman with praise. 
 
"My most excellent Boss" begins one. In another, "The Philadelphia Story" actress called him "brilliant as Einstein," and "graceful as a gazelle." 
 
The letters and engagement ring are part of a wider collection of Hughes` documents and personal belongings that were acquired from the family of the late Vernon C. Olson, who was private accountant to Hughes. 
 
Other items include the two-tone jacket Hughes wore while piloting his huge Spruce Goose flying boat, his trademark fedora hat and contracts for multiple movies.

She signed off as 'Country Mouse' and called him 'My most excellent boss.' She was Hollywood star Katharine Hepburn and he was eccentric entrepreneur Howard Hughes.

She signed off as 'Country Mouse' and called him 'My most excellent boss.' She was Hollywood star Katharine Hepburn and he was eccentric entrepreneur Howard Hughes. Many of her letters to him are going up for auction in Los Angeles for the first time on July 23. The emerald and diamond engagement ring Hughes gave to Hepburn in 1938 is also for sale, and is expected to fetch between $20,000 - $30,000 at the Profiles in History auction. Brian Chanes, head of consignment relations at Profiles in History, said the items were rare because of their personal nature. "Very little has really eked out because he (Hughes) was such a private individual," Chanes said. "We have over 55 hand-written letters, love notes, bedside notes from Katharine Hepburn. They were lovers for about a year, a year and a half, from 1937 to `38 and they’re very, very juicy." Hughes and Hepburn never married but their romance, which was chronicled in the 2004 movie "The Aviator," was a huge celebrity story at the time. The letters are expected to fetch up to $15,000 at the auction. Hepburn used pet names and pseudonyms like C. Mouse and Mrs HR Country when signing the letters, which showered the movie mogul and millionaire businessman with praise. "My most excellent Boss" begins one. In another, "The Philadelphia Story" actress called him "brilliant as Einstein," and "graceful as a gazelle." The letters and engagement ring are part of a wider collection of Hughes` documents and personal belongings that were acquired from the family of the late Vernon C. Olson, who was private accountant to Hughes. Other items include the two-tone jacket Hughes wore while piloting his huge Spruce Goose flying boat, his trademark fedora hat and contracts for multiple movies.

Katharine Hepburn's love letters to Howard Hughes up for auction

January 19 in history: India's first female prime minister, electric light system advancements and a lot more!

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Howard Hughes' engagement ring for Katharine Hepburn sells for $108,000

Katharine Hepburn's love letters to Howard Hughes up for auction

January 19 in history: India's first female prime minister, electric light system advancements and a lot more!