On Sunday, the 89th Academy Awards will be held at the Dolby Theater in Los Angeles, which promises a lot of glamor, expensive and designer apparel, and could not miss the gold iconic Oscar statuette . Despite the brilliance, glamor and prestige of the Academy Awards , the statuette is Japan Mobile Number Database How much does the Oscar statuette cost? You’ll be surprised not that expensive, as the firm Time Inc, revealed that the Oscar award is only valued at $ 10. According to the publishing firm, Time Inc, the statuette costs $ 400 to make, but for it to be offered to the Academy of Motion Picture Arts and Sciences it has to be sold for $ 10.
However, the resales of the statuettes are in the thousands or even millions of dollars, like the director and Oscar winner, Steven Spielberg, who spent 1.36 million dollars for the Oscars of Bette Davis and How much does the Oscar statuette cost? You’ll be surprised Clark Gable. In 2015, a judge allowed the Academy to pay $ 10 to pay for an Oscar from the 1940s, an amount that was just a fraction of the $ 79,200 a Los Angeles auction house paid. The Phone Number List Academy has a rule for Oscar winners, which came into effect in 1951 and states that winners of the statuette cannot sell them without first offering them to the organization for $ 10. For analysts, the statuette is the most distinctive film award in the world, and the Academy’s decision “tries to maintain the dignity and value of the statuette in cinema to prevent it from becoming a commodity.”
