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Oscar auction

9 months ago Monday, June 23, 2014 5:28:11 PM CDT June 23, 2014 Monday, June 23 2014 Jun 23, 2014 in News
Source: Associated Press

EAST GREENWICH, RHODE ISLAND- In a rare auction, movie buffs have the chance to own their very own Oscar statuette.

It's the 1942 award for color and art direction given to Joseph C. Wright for his work on "My Gal Sal" being offered by Briarwood Auctions of Rhode Island.

The estimate is it'll go for $5,000 to $30,000.

The Academy of Motion Picture Arts and Sciences doesn't allow a statuette to be sold without first offering it back to the academy for $1, but the auction house says the rule doesn't apply to an Oscar awarded before 1950.

Wright died in 1985, being nominated 12 times and winning twice. His nephew inherited the award. 

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