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Feb 23 2009

Ebay your Oscar and Pay The Price

Published by swenson at 10:29 pm under Popped Movies Edit This

The Oscar

You would think owning an official golden man from the Academy of Motion Picture Arts and Sciences might be valuable, but try putting Oscar up for auction on Ebay and you’ll find yourself surrounded by lawyers.

That’s because “The Academy” makes every award winner sign an agreement that before they can sell their Oscar to the public they must first offer The Academy a chance to buy it back–for a buck!

That’s right, the golden man you earned with the performance of your career really is not yours, it belongs to The Academy. And they get the final word on whether you can sell it or not.

You can’t blame The Academy for doing this. The Oscar is supposed to be a symbol of high achievement, not some novelty any rich schmuck can buy through his network of celebrity friends.

How much might an Oscar be worth on the street? Not less than 60,000 dollars and up to 1.5 million according to Forbes. With that kind of cash at stake it might be worth fighting off the legal commandos.  

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