Tuesday, October 16, 2007
Orson Welles’ ‘Citizen Kane’ Oscar to be sold
I thought the Academy made it illegal to sell Oscars or something like that. I'll have to check that. It would be amazing to own Orson Welle's Oscar, but that really should either belong to a family member or even better, to placed in the Smithsonian or some museum like that. It was lost once, but was found in 1994 and returned to the Welles estate. In 2003, the Dax Foundation (an L.A. charity) aquired it and the benefits from the sale will help their charity worldwide. It is expected to be auctioned off for between $800,000 and 1.2 Million dollars.
The Oscar was for "Best Screenplay" and not for "Best Picture" or "Best Director" as many people assume. It was the only Oscar that Welles won, and in fact the Hollywood establishment booed him at the Awards that year when he won.