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what is the monetary value of the oscar award?
what is the monetary value of the oscar award?
There is no exact monetary value, but old oscars have been known to be put on auction.
Steven Spielberg and Kevin Spacey are on the Academy’s side; between them they’ve reportedly shelled out over a mil-and-a-half to buy auctioned Oscars and return them to the Academy. Why is it any better for the statues to be housed by the Academy than by a private collector? I don’t know. Where the trophy resides doesn’t change to whom it was awarded, or why they received the award. It’s just a statue, right?
http://www.cinematical.com/2006/02/13/does-selling-oscars-dent-the-integrity-of-the-academy-awards/
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