Normally, your only chance to nab an Oscar is by becoming one of the most talented filmmakers or actors of your generation, make or star in an incredible movie, and securing a majority of votes from the Academy. For those of us who don't have that kind of time or talent, however, a rare opportunity to buy an Oscar statuette has just appeared in Los Angeles: Auction house Profiles in History has announced many Oscars from Hollywood's golden age will be up for bid starting on December 11.
The first Oscar is a best-picture statuette originally awarded to Mutiny on the Bounty way back in 1936. The Academy Awards had been running for under a decade at that point, and the award was given by Frank Capra to winner Irving Thalberg at the Biltmore Hotel in Los Angeles. It's expected to sell for somewhere between $200,000 and $300,000. The award is being sold by the Thalberg family.
The other statuette is also a Best Ppicture Oscar, this one for 1947's Gentleman's Agreement starring Gregory Peck. The seller wishes to remain anonymous but expects the award to make between $150,000 to $200,000.
Other awards up for auction include Hans Dreier's art-direction Oscar for Sunset Boulevard (1950) as well as Gloria Swanson's Golden Globe for best actress in a drama.
The Academy firmly believes that "Oscars should be won, not sold." To enforce this belief, beginning in 1951, Oscar winners signed contracts stipulating that before they could sell an Oscar statuette, they must offer it back to the Academy for $1. Occasionally, however, Oscars awarded prior to this rule will sell for huge amounts of money. Pop superstar Michael Jackson acquired David O. Selznick's Gone With the Wind Oscar "for a record $1.5 million."
Similarly, in 2011, the Citizen Kane statuette awarded to Orson Welles was later sold for $861,542.
Twitter isn't so sure the high price tag would be worth it:
Most of us will never win an Oscar, but if you've made enough money, you may still be able to display one on your mantle. Don't miss out on this exciting opportunity!