Wednesday, July 30th33.2°C
21450
22485

1942 Oscar fetches $79,000

A rare auction of an Oscar statuette brought a total of $79,200, well more than expected, at its sale Monday by a Rhode Island auction house.

Nanci Taylor of Briarbrook Auctions said the total included a 20 per cent buyer's premium for the 1942 Oscar. She declined to disclose the name of the buyer, but said "you would recognize the name."

The auctioneer had estimated the golden statuette would sell for $5,000 to $30,000. But several hours before the live auction began, the online bidding had already reached $32,000.

The statue was awarded to Joseph C. Wright at the 15th Academy Awards for colour art direction for his work on "My Gal Sal," starring Rita Hayworth and Victor Mature.

Prior to the auction, the Academy of Motion Picture Arts and Sciences was investigating the sale of the statuette. Since 1950, the academy has prohibited Oscar recipients and their heirs from selling the statues without first offering them back to the academy for $1. But the auction house said the restriction does not apply because the Oscar was awarded before 1950.

Wright died in 1985, and his nephew inherited the statue. It weighs around 6 pounds and is 13 inches high. The auctioneer said it is in good condition, with just a little wear at the back.

Wright received 12 Academy Award nominations and won twice, both in 1942 and both shared with Richard Day. The other award was for black-and-white art direction for "This Above All," starring Tyrone Power and Joan Fontaine.

Wright also was nominated for his work on movies including "Days of Wine and Roses," ''Guys and Dolls" and the "Man With the Golden Arm."

The Canadian Press

COMMENTS WELCOME

Comments on this story are pre-moderated. Before they appear, comments are reviewed by moderators to ensure they meet our submission guidelines. Keep it clean, keep it civil, keep it truthful, stay on topic and be responsible. Comments are open and welcome for three days after the story is published. We reserve the right to close comments before then. Comments that appear on the site are not the opinion of Castanet, but only of the comment writer.



Read more World News

22623


Recent Trending





21138

21918


22479



World Quick Links World Discussion Forum
United Nations
World Health Organization
UNESCO
World Trade Organization
NATO
European Union
The Commonwealth
Francophonie
Olympics
Google Earth


Member of BC Press Council


21881