Belfast Telegraph

Monday 20 October 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.

Nightlife Galleries

More

Latest Entertainment News

Latest Music News

Latest Film & TV News

Latest Eating Out News

Horoscopes

Your Horoscopes by Russell Grant

Libra:

You always feel inspired to give loved ones gifts, favours and praise. The prospect of planning a party for a special friend makes you excited. Your leadership skills are impressive and can be used to create the social event of the season. Enlist the aid of friends, relatives and neighbours to handle smaller jobs. Working as a team will be lots of fun. Even small children will want to get involved. Let the little ones make decorations, fold napkins and assemble gift bags.More