Oscar Statuette From 1930 Academy Awards Is Up For Public sale

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

The Oscar for Best 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 provided to Clyde De Vinna for his work on the 1928 film “White Shadows throughout the South Seas.”

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

It’s super unusual to see Oscars within the market … the Academy made a rule in 1951 stopping Oscar winners from selling their statuettes with out first offering them once more to the Academy for $1 … nonetheless it solely applies to statues awarded after 1950, so this Oscar will get a go.

This Oscar was provided on the second annual Academy Awards … held on the swanky Ambassador Lodge in Los Angeles on April 3, 1930 … the first ceremony to be broadcast on radio as a public event.

The award’s plaque is engraved with particulars in regards to the award … the underside reads, “Academy of Motion Picture Arts and Sciences First Award 1929.”

There’s 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 seller is a personal collector who wants to remain anonymous … bids for the time being are coming in above $70,000 and the general public sale house estimates the profitable bid will transcend $150,000.