Whitney Houston prized possessions New York - Arabstoday Some of Whitney Houston\'s most prized possessions will go up for auction next month. Items for sale include a pair of earrings, a brown satin waistcoat and a black velvet dress she wore in the 1992 movie “The Bodyguard”. Julien\'s Auctions boss Darren Julien has defended the decision to hold the sale, which will take place at the Hollywood Legends auction on March 31, so shortly after the singer\'s death. He told the Associated Press: “It proves a point that these items, they\'re an investment. You buy items just like a stock. Buy at the right time and sell at the right time, and they just increase in value. It\'s a celebration of her life. If you hide these things in fear that you\'re going to offend someone, her life is to be celebrated”