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Variety reports that the organization behind the Oscars was the highest bidder in an auction held by A24, with proceeds going to coronavirus relief efforts. While we certainly feel for bidders like Ariana Grande and Halsey, who expressed interest in the dress, were hoping the Academys winning bid means that the gown will now be enshrined in the museum, open for public admiration and photo ops forevermore

Get the look: Ever-Pretty V-Neck Evening Dress in Lavender, $66.99 at Amazon Cape Robbin Stiletto Sandals in Purple, $26.99 at Amazon Red Red Taylor veered off into some very new territory with 2012's Red , effortlessly blending country and pop

Pair it with your favorite sandals for a casual look or dress it up with heels and accessories for a more polished ensemble

Bodices are simple