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How much is an Oscar statuette worth?

April 26, 2017oscar statuette worth

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How much is an Oscar statuette worth?

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While the financial uplift of winning an Academy Award can be worth millions, the value of a statuette – should the winner or their heirs chose to sell it – has been pegged by the Academy at $1 since 1950. Winners must now sign waivers to the effect that they will not dispose of unwanted awards but rather offer them back to the Academy first, for the nominal fee. “I changed that to ‘market value’,” scoffed 1996 Best Actress winner Susan Sarandon.