Belfast Telegraph

Wednesday 26 November 2014

Academy unhappy at Oscars auction

15 Oscar statuettes from such films as Citizen Kane, Wuthering Heights and Little Women are to be auctioned
15 Oscar statuettes from such films as Citizen Kane, Wuthering Heights and Little Women are to be auctioned

The Academy of Motion Picture Arts and Sciences is not pleased with plans to auction off 15 Oscar statuettes from such films as Citizen Kane, Wuthering Heights and Little Women.

But the academy said its hands are tied in blocking the Tuesday sale by Nate D Sanders Auctions in California because the statuettes were awarded prior to 1950, when a "winners agreement" was instituted banning the sale of Oscars.

"Oscars should be won, not purchased," the academy said in a statement, adding that it had no "legal means of stopping the commoditisation of these particular statuettes".

The Sanders Co expects its total Oscar inventory, which includes Herman Mankiewicz's 1941 screenplay award for Citizen Kane, to command more than £600,000.

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Your Horoscopes by Russell Grant

Sagittarius:

You're preoccupied with spiritual matters. Suddenly, being the most witty or popular person in the group doesn't seem so important. You'd rather explore the big questions. Finding your purpose may prompt you to visit a country that has always filled you with wonder. It will be a relief to escape boring routines and mundane chores. Instead of worrying about money and status, you'll look inward for the contentment you seek. Great insights will result. You're ready to embark on a simpler life.More