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A rare 1930 Oscar statuette is up for auction (updated)

It's a rare occurrence: An Academy Award statuette is up for auction and bids started at $1,000.

One of the first Academy Award statuettes is up for auction. 

For those looking to own an official Oscar, look no further than Heritage Auctions Lot #86277, part of the Treasures of the Silent Screen Movie Posters Signature Auction #7276. 
"Without a doubt, this is an incredible opportunity to own one of the earliest examples of this instantly recognizable prize and one of extremely few Oscars ever made available to the public," the description reads on the auction website. "This will almost certainly be the centerpiece of its new owner's collection."

 

About the winner
The Academy Award statuette up for auction was given to cinematographer Clyde De Vinna at the 2nd Academy Awards ceremony on April 3, 1930 — for achievements in 1928/1929 — for his work on the silent film "White Shadows in the South Seas." 

His Oscar was the only award for the romantic adventure. That year, the "Outstanding Picture" award went to MGM's "The Broadway Melody."

The Argentinean poster for the film (pictured) is also available for auction. "This wonderful poster features artwork of barely clad Raquel Torres and another member of her character's tribe swimming through the sea," the description reads on the auction website.

De Vinna was cinematographer on more than 120 film and television projects from 1916 through 1953. Some of his notable work includes "The Three Muskateers" (1916), "Unfatihful" (1918), "Blindfolded" (1918), "Adele" (1919), "The Wild Party" (1923), "Shipmates" (1931), "Unseen Guardians" (1939) and "Within These Walls" (1945).

De Vinna became a cinematographer in 1915, at the very beginnings of the film business. According to IMDB, he didn't care for studio-shot pictures and preferred films that were to be shot on location.

"White Shadows in the South Seas" was filmed on location in Tahiti. 


About the statuette
This vintage statuette stands 12 inches tall with the cast metal, gold-plated figure measuring 3.5 inches wide by 10.25 inches tall. The beveled black base is 5.5 inches round at the bottom, tapered to 4 inches, where the base attaches to the film reel that forms the integral foot of the metal statue.

Sculptor George Stanley (who also fashioned the famous Muse Fountain at the Hollywood Bowl) sculpted Cedric Gibbons' original design in clay and Sachin Smith cast the statuette in 92.5% tin and 7.5% copper. 

A final coating of gold plate gives the trophy its iconic lustre. The original Oscar mold was cast in 1928 at the C.W. Shumway & Sons Foundry in Batavia, Illinois. 

A 1.25 x 1 in. cast metal plaque reads "Academy of Motion Picture Arts and Sciences First Award 1929" and is affixed to the front of the base. Embedded in the bottom of the base is a 1.75-inch round engraved gold-plated disc, which reads, "AMPAS 1929 Academy First Award to Clyde De Vinna for Distinguished Achievement in Cinematography of White Shadows of the South Seas."


Bidding
Heritage Auctions opened proxy bidding around June 20 and the golden statuette's first bids were just over $1,000. As of June 29, and after around seven bids, the current bid is at $52,500 (with an added "Buyer's Premium" of 20% added), for a total of $63,000. 

Proxy bidding is set to close on Friday, July 15, with actual auction dates set for July 15 and 16 in Dallas.

UPDATE (7/20/22):
Bidding is now closed and the final sale netted $144,000 for the Oscar. See a video of the statuette below. 


A rare occurrence
Buying an Oscar is a rare occurrence since an Academy rule created in 1950 requires winners to sign an agreement stating they will not sell an Oscar without first offering to sell it back to The Academy for $1.

Steven Spielberg is also known to buy pre-1950 statuettes and donate them back to The Academy.

In July of 2001, Spielberg purchased Bette Davis’ Best Actress Oscar for $578,000 at the auction house Christie’s. Davis won the statuette for her role in 1938’s “Jezebel” and the golden Oscar was valued between $150,000 and $200,000. Spielberg planned to give the Oscar back to The Academy, which is what he did after purchasing Clark Gable’s Best Actor Oscar for “It Happened One Night” for $607,500 in 1996.

Fun fact: Legend has it that Davis, who died in 1987, coined the term “Oscar” for the Academy Award after she said that its bottom resembled that of her husband, Harmon Oscar Nelson.

A 1936 Academy Award auctioned in 2019 by LiveAuctioneers was part of a collection of the late Turner Classic Movies host Robert Osborne.

The last Oscar we saw go up for sale by Heritage Auctions was in 2011. An unidentified buyer bid $89,625.00 for an 1942 Oscar statuette, awarded for Best Sound Recording to Nathan Levinson for “Yankee Doodle Dandy.” 


The 95th Academy Awards, for outstanding film achievements of 2022, will be presented on Sunday, March 12, 2023, at the Dolby Theatre at Ovation Hollywood (formerly Hollywood & Highland Center), and will be televised live on ABC and in more than 225 countries worldwide.

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Owens,2,radio,7,rainbow room,1,Randy Haberkamp,3,ratings,2,Ratner,1,Ray Dolby Ballroom,3,Ray Romano,1,reactions,4,recap,8,Red 2,1,red carpet,63,red dawn,1,Reginald Hudlin,2,Regis Philbin,2,reminder list,19,reporters,3,resident evil,1,results,6,Rethink.,1,review,178,Richard Ayoade,1,Richard Linklater,1,Richard Wagner,1,ricky gervais,3,ricky kirshner,1,ridley scott,2,rio 2,1,rise of guardians,1,rise of the planet of the apes,1,road to nominations,27,roadtrip,1,rob epstein,1,Rob Marshall,1,Robert Downey Jr,2,Robert Lopez,3,Robert Morton,1,Robert Osborne,1,Robert Stromberg,1,Robert Zemeckis,1,robertson,2,Robin Roberts,4,robin swicord,1,robin williams,1,robocop,1,robots,1,Rockwell Group,2,Roger Ebert,2,romcom,1,ron howard,1,rosamund pike,1,rosen,1,roskam,1,round table,1,Royce Hall,1,RSS,1,rules,11,rumor,1,rush,1,Russell Crowe,4,ryan gosling,1,ryan seacrest,2,sag awards,20,sailcloth,1,Sally Field,2,samsara,1,samuel goldwyn theater,13,Samuel L. Jackson,2,Sandra Bullock,3,Santa Monica Civic Auditorium,1,Sarah,1,saturday night live,1,Savannah Guthrie,1,saving mr. banks,4,Scarlett Johannson,2,scary movie,1,schedule,4,sci-fi,6,scitech,5,score,2,screen actors guild,19,screeners,1,secret,1,secret life of walter mitty,2,Seligman,1,semi-finalists,2,Sequoia Productions,1,set,7,set design,18,seth macfarlane,5,seth meyers,1,Seth Rogen,1,setup,3,shame,1,shawshank trail,2,shooting,2,shortlist,103,shorts,36,Sid Ganis,5,side effects,1,Sidney Poitier,1,silver linings,2,silver linings playbook,1,sin city,1,skyfall,3,skype,2,sleeping beauty,1,slider,8,Slumdog Millionaire,4,SNL,6,sofia coppola,1,somewhere,1,Son of Saul,1,sony pictures,1,sound,2,Sound of Music,1,soundtrack,2,space,3,space opera,1,sparkle,1,special event,4,special guests,2,spencer,1,spider-man,1,Spielberg,3,Spike Lee,1,spotify,2,spreecast,3,Stanley Weber,1,star,1,star at the movies,99,Star Trek,2,star wars,2,statistics,4,statuette,12,step up revolution,1,stephen king,1,Stephenie Meyer,1,steve bass,1,Steve Carell,1,steve jobs,1,Steve Martin,3,Steven Soderbergh,1,Stevens,3,store,2,streaming,1,student academy awards,6,students,3,submissions,6,submitted,4,Sugar Man,1,summer,43,summer movies,51,super 8,1,superman,1,sweepstakes,1,Sylvester Stallone,1,symposiums,5,Taken 2,1,tally,6,tammy,1,tbt,2,TCM,1,team oscar,4,technology,2,ted,1,teenage mutant ninja turtles,2,telecast,108,television,7,television academy,1,telluride,2,thank you,1,That Awkward Moment,1,thats my boy,1,the artist,1,the avengers,3,the best man holiday,1,the butler,2,the buzz,5,the campaign,1,The Class,1,The counselor,1,the croods,3,the dark world,1,the Descendants,1,the drop,1,the fighter,1,the force awakens,1,the giver,1,the gold knight,5,the heat,1,the hobbit,8,The Host,1,the illusionist,1,the impossible,1,the king's speech,3,The LEGO movie,3,The Lone Ranger,3,the maze runner,1,The Moon Song,1,The Oscars,32,The Other Woman,1,The Public Transportation Snob,1,The Purge,1,The Reader,2,The Rock,1,the shawshank redemption,2,the smurfs,1,the social network,2,the view,1,the watch,1,The Winter Soldier,3,The Wrap,1,theatre,7,theme,4,this is the end,1,thor,3,thriller,6,throwback thursday,3,thrust stage,1,tiger boy,1,Tim Burton,1,Tim Gunn,1,timelapse,2,timeline,10,tina fey,10,Tina Gordon Chism,1,titanic,1,today show,1,toledo,81,toledo free press,110,tom brokaw,1,tom cruise,4,tom hanks,3,tom hardy,2,Tom Hooper,1,Tom Oyer,2,Tom Sherak,8,Tommy Lee Jones,3,tony awards,8,Top 10,15,top 3,3,toronto,3,total recall,2,tournament,1,trailer,2,train plane and automobile,1,Transcendence,1,transformation,2,transformers,2,transparency,1,travel,1,tree of life,1,trent reznor,1,tribute,1,tron,1,tron: legacy,1,trouble with the curve,2,true grit,1,turbo,1,tusk,1,tuxedo,1,tv,5,tv guide,1,twilight,1,Twitter,6,Ty Simpkins,1,Tyler Perry,2,tyson beckford,1,U2,2,UCLA,1,unexpected journey,1,union station,1,united airlines,1,universal,1,university of michigan,2,USA Today,1,uzo aduba,2,vacation,2,venice,2,video,153,video on demand,3,Vince Vaughn,1,viola davis,1,Virginia Madsen,1,visual effects,17,VOD,1,voting,21,vulture,1,WALL-E,1,Wally Pfister,1,walmart,1,walt disney world,3,Walter,1,Wanda Sykes,1,Warm Bodies,1,warner bros.,2,Way Way Back,1,waynes world,1,website,5,wes anderson,1,what we know,4,white house,2,whitney houston,1,who wants to be a millionaire,1,whoopi goldberg,2,will ferrell,1,will smith,1,William H. Macy,1,william ross,1,winners,29,Wizard of Oz,2,wnwo,54,wnwo today,54,wolf of wall street,2,wolfgang puck,1,Wolverine,1,wonder woman,1,wonder women,1,wont back down,1,world,6,world war z,2,worlds end,1,wreck-it ralph,2,wspd,1,wtol,45,x-men,2,year in review,3,youre next,1,YouTube,97,Zac Efron,2,zach galifianakis,1,Zaineb Abdul-Nabi,1,Zap2It,1,zarafa,1,Zero Dark Thirty,1,zoe saldana,1,zombies,1,zug,2,
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The Gold Knight - Latest Academy Awards news and insight: A rare 1930 Oscar statuette is up for auction (updated)
A rare 1930 Oscar statuette is up for auction (updated)
It's a rare occurrence: An Academy Award statuette is up for auction and bids started at $1,000.
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The Gold Knight - Latest Academy Awards news and insight
https://www.thegoldknight.com/2022/06/a-rare-1930-oscar-statuette-is-up-for.html
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https://www.thegoldknight.com/2022/06/a-rare-1930-oscar-statuette-is-up-for.html
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