Best-picture Oscars Up For Sale In Rare Auction
Nagini Shree|Nov 19, 2018
"Mutiny on the Bounty" and Gentleman’s Agreement best-picture statuettes will be up for auction.
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Auction house Profiles in History made an announcement that two best-picture Oscar awarded Mutiny on the Bounty (1936) and Gentleman's Agreement(1948) will go up for sale in a rare auction.
This auction will be taken place in Los Angeles on December 11.
The Mutiny on the Bounty is about Royal Navy HMS Bounty occurred in the south Pacific on 28 April 1789. It is expected at the starting bid from $200,000 and $300,000. The award was presented to Irving Thalberg almost 10 years ago at the Biltmore Hotel (Los Angeles) by Frank Carpa. Thalberg was an American film producer during the early years of motion picture and an important figure at the beginning of Hollywood history.
This is the first time that “Mutiny on the Bounty” has been put up for auction.
Another best picture "Gentleman's Agreement" (1947) starred Gregory Peck as the campaigning journalist on a mission. It is about the anti-Semitism of prosperous postwar America and the boycott Jews. This statuette from an anonymous seller is expected to fluctuate from $150,000 to $200,000.
It is uncommon for Oscar statuette to be auctioned because the winners from 1952 onward have had no choice but to offer to sell their heirs back to the Academy of Motion Picture Arts and Sciences for just $1.
However, Oscars occasionally go beyond the rule to go up for sale with large sums of money.
The genuine singer Michael Jackson offered David O. Selznick a record $ 1.5 million for Gone With the Wind Oscar in 1999. Citizen Kane statuette was sold at around $870,000 in 2011.
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