Russell had two Academy Awards for the same acting gig—no one else has ever done that. He held on to the honorary award, but years later, he auctioned off the other Oscar for $60,500. That didn’t please the Academy at all, since they don’t want hundreds of the statuettes in the marketplace, reducing awards’ value. So they put in a rule: If any winner wants to sell their award, they have to first offer to sell it back to the Academy itself, for just $10.
Sounds weird, but a judge upheld the demand as legal in 2015. And without that rule, come to think of it, we bet there’d be pressure on most winners to sell their statue and give the proceeds to charity.
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Top image: Martin Vorel/Wiki Commons, Warner Bros.
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Source: Pinoy Daily News
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