Belfast Telegraph

Friday 31 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.

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Your Horoscopes by Russell Grant

Scorpio:

You prefer to work out problems in secret, with no interference from friends and family. It's not that you don't respect other people's opinions. You simply know intuition is your best guide. In the past, you followed conventional wisdom, only to regret your choice. Don't make this mistake now, when there is an important career matter before you. Accepting a glamorous job is tempting, but you'd prefer a position that is more edgy and demanding. An unpredictable job is calling your name; grab it.More