1947 best-picture Oscar sells for nearly $500,000 at auction
LOS ANGELES — One Academy Award trophy sold for nearly $500,000 and the second for well over $200,000 in a rare auction of Oscars that ended Friday in Los Angeles.
A best-picture Oscar for “Gentleman’s Agreement,” the 1947 film starring Gregory Peck that took on anti-Semitism, sold for $492,000. A best picture statuette for 1935’s “Mutiny on the Bounty” fetched $240,000.
Both were outpaced by an archive of papers on the origin and development of “The Wizard of Oz” that brought in $1.2 million.
Auction house Profiles in History announced the results after four days of bidding on Hollywood memorabilia that brought in more than $8 million in total.