Sotheby's to sell off 'Citizen Kane' statue
Orson Welles’ Oscar is headed for the auction block in December, via Sotheby’s in New York. But it’s not the first time the statuette has been in play. Some key numbers:
1994: Cinematographer and Welles’ friend Gary Graver first tried to auction the trophy. He was blocked in court by Beatrice Welles, Orson’s daughter. Price sought: $300,000
2003: The Dax Foundation, an L.A. charity, acquired the trophy from Beatrice Welles. It’s putting it up again on Dec. 11. Price sought: $800,000-$2 million
1950: The Academy initiated a policy giving it right of first refusal to buy back any Oscar. Price: $1.
1942: Welles and Herman Mankiewicz won the Oscar, for the screenplay to “Citizen Kane,” pre-dating the Acad rule.