A rare auction of Oscar statues has resulted in the sale of the 1947 Best Picture award for $492,000. Gentleman’s Agreement, which examined anti-Semitism and starred Gregory Peck, was sold by auction house Profiles in History.
The auction house also sold a Best Picture statue for 1935’s Mutiny on the Bounty, which brought in $240,000.
Other notable sales at the auction included an archive of papers on the origin and development of The Wizard of Oz, which sold for $1.2 million; a TIE fighter helmet from the original Star Wars that sold for $240,000; a Phaser pistol from the original Star Trek TV series that went for $192,000; a hover board Marty McFly rode in Back to the Future II that sold for $102,000; and a golden ticket from Willy Wonka & the Chocolate Factory that sold for $48,000.
The total auction raked in more than $8 million. The buyers of the Oscars and Wizard of Oz materials declined to reveal their identities.
Academy Award winners from 1951 onward have to agree that they or their heirs must offer to sell the Oscar back to the Academy of Motion Picture Arts and Sciences for $1 before selling it elsewhere.
The record for sales of an Oscar is the $1.5 million paid in 1999 by Michael Jackson to acquire David O. Selznick’s Gone With the Wind Oscar.