Oscar Statuette From 1930 Academy Awards Is Up For Public sale

One of the vital coveted collectibles in Hollywood is on the open market … an Oscar statuette from the Golden Age of Hollywood.

The Oscar for Finest Cinematography from the 1930 Academy Awards is up for public sale over at RR Public sale … and this Oscar goes to the very best bidder.

The golden statuette was offered to Clyde De Vinna for his work on the 1928 movie “White Shadows in the South Seas.”

The film, starring Monte Blue and Raquel Torres, was groundbreaking … it was MGM’s first sound movie — permitting theatergoers to listen to the MGM lion roar for the primary time — and it was shot on location in Tahiti.

It is tremendous uncommon to see Oscars available on the market … the Academy made a rule in 1951 stopping Oscar winners from promoting their statuettes with out first providing them again to the Academy for $1 … nevertheless it solely applies to statues awarded after 1950, so this Oscar will get a move.

This Oscar was offered on the second annual Academy Awards … held on the swanky Ambassador Resort in Los Angeles on April 3, 1930 … the primary ceremony to be broadcast on radio as a public occasion.

The award’s plaque is engraved with details about the award … the bottom reads, “Academy of Motion Picture Arts and Sciences First Award 1929.”

There is a golden disc on the underside of the award that claims … “AMPAS, 1929 Academy First Award to Clyde De Vinna for Distinguished Achievement in Cinematography of White Shadows of the South Seas.”

RR Public sale tells us the vendor is a non-public collector who needs to stay nameless … bids are actually coming in above $70,000 and the public sale home estimates the profitable bid will transcend $150,000.