1947 best-picture Oscar sells for nearly $500,000 at auction

One Acemy Award trophy sold for nearly $500,000 and second for well over $200,000 in a rare auction of Oscars that ended on Friday, December 14 in Los Angeles.

A best-picture Oscar for “Gentleman’s Agreement,” 1947 film starring Gregory Peck that took on anti-Semitism, sold for $492,000. best picture statuette for 1935′s “Mutiny on Bounty” fetched $240,000.

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Both were outpaced by an archive of papers on origin and development of “ Wizard of Oz” that brought in $1.2 million. Auction house Profiles in History anunced results after four days of bidding on Hollywood memorabilia that brought in more than $8 million in total.

Or items sold include a TIE fighter helmet from original “Star Wars” that went for $240,000, a Phaser pistol from original “Star Trek” TV series that fetched $192,000, a hoverboard Marty McFly rode in “Back to Future II” that sold for $102,000, and a golden ticket from “Willy Wonka & Chocolate Factory” that brought in $48,000.

“Mutiny on Bounty” Oscar price came close to auction-house projections, but “Gentleman’s Agreement” statuette brought in more than twice what was expected, for reasons that are t clear. buyers of both Oscars and “ Wizard of Oz” document chose to remain anymous.

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Auctions of Oscar statuettes are very uncommon because winners from 1951 onward have h to agree that y or ir heirs must offer it back to Acemy of Motion Picture Arts and Sciences for $1 before selling it elsewhere. acemy has said it firmly believes Oscars should be won, t bought.

Neir of Oscars sold this week approached record of $1.5 million paid by Michael Jackson to acquire David O. Selznick’s “Gone With Wind” Oscar in 1999.