Belfast Telegraph

Tuesday 23 September 2014

Academy unhappy at Oscars auction

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

Libra:

Your home life is undergoing big changes. Youngsters may decide the time is right to fly the nest. An elderly relative may come to live with you. You might move in with a loving partner. Whatever form this new situation takes, it will be empowering. You'll get help that was previously unavailable. If your current home can't support the lifestyle changes in your household, it is time to move. Search for a quiet hideaway where you can all rest and relax after a hard day's work.More