Citizen Kane - Oscars Auction Pulls In $3 Million

0
0
Subscribe to Citizen Kane alerts

A haul of 15 Oscars, including a statuette handed to Citizen Kane's screenwriter, has pulled in more than $3 million (£1.8 million) at auction.
The collection of gold trophies, which also included an Oscar for Wuthering Heights, went under the hammer in Los Angeles two days after the 84th annual Academy Awards on Sunday (26Feb12).
Herman J. Mankiewicz's prize for his screenplay of 1941 classic Citizen Kane attracted the highest bid at $588,455 (£368,000), while the Best Picture Oscar won by 1933 movie Cavalcade fetched $332,165 (£208,000).
The auction was met with criticism by some members of the Academy, who cited a 1950 rule banning winners from selling the coveted accolade.
A statement from the Academy reads, "Members and the many film artists and craftspeople who've won Academy Awards believe strongly that Oscars should be won, not purchased.
"Unfortunately, because our winners agreement wasn't instituted until 1950, we don't have any legal means of stopping the commoditisation of these particular statuettes."


Contactmusic

Tags: Citizen Kane

0
0
Subscribe to Citizen Kane alerts
Advertisement

Editors Recommendations

New York Premiere Of 'The Interview' Reportedly Cancelled Amid Threats

The Interview, the now very, very controversial new comedy from Seth Rogen...

New York Premiere Of 'The Interview' Reportedly Cancelled Amid Threats

'Fifty Shades Of Grey' Has The Most Watched Trailer of 2014 (Yes Even More Than 'Star Wars The Force Awakens')

How many times can you watch a two minute trailer of Jamie Dornan in the...

'Fifty Shades Of Grey' Has The Most Watched Trailer of 2014 (Yes Even More Than 'Star Wars The Force Awakens')

Wolf Alice - Interview

One half of London quartet Wolf Alice discuss their recent tour, their excitement for 2015 and a possible album...

Wolf Alice - Interview Video

Has Joey Fatone Just Confirmed The Justin Timberlake And Jessica Biel Baby Rumours?

It’s been weeks since the rumours that Justin Timberlake and Jessica Biel were...

Has Joey Fatone Just Confirmed The Justin Timberlake And Jessica Biel Baby Rumours?

Paul McCartney - The Daily Show Clips

Paul McCartney recently unveiled a new single, entitled 'Hope', to go alongside the release of brand new video...

Paul Mccartney - The Daily Show Video

Calvin Harris Models For Armani Spring/Summer 2015 Campaign [Pictures]

Get ready to see another side of DJ superstar Calvin Harris as he models for...

Calvin Harris Models For Armani Spring/Summer 2015 Campaign [Pictures]

McBusted - Get Over It

'Get Over It' is the second official single from McBusted's self-titled debut studio...

Mcbusted - Get Over It Video

Demi Lovato On Why She Is Finally Confident With Her Body: "I Love My Butt"

Demi Lovato hasn't always been happy with her body figure, but now the...

Demi Lovato On Why She Is Finally Confident With Her Body:

Jamie Dornan Recalls Visiting A Sex Dungeon To Prepare For 'Fifty Shades Of Grey' Role

Jamie Dornan's latest role sees him play kinky billionaire Christian Grey...

Jamie Dornan Recalls Visiting A Sex Dungeon To Prepare For 'Fifty Shades Of Grey' Role
Advertisement

Comments

Citizen Kane Newsletter

Subscribe to this news alert service to receive news and reviews on Citizen Kane

Unsubscribe | Unsubscribe All