The Academy Award is often considered to be the highest honor in Hollywood.

Actors can command their own roles by gaining an Oscar. as much as 20% moreTheir next project will be funded. The top award in one of top acting categories may be a career changer, but the trophy is not worth more than a cup coffee.

This is because the Academy of Motion Picture Arts and Sciences which awards the Oscars has very strict rules that prevent the winners making a profit off the sale of their Trophies.

According to Academy, official regulationsOscar winners cannot “sell or dispose of Oscar statuete… without first offering $1 to Academy.”

Oscar award winners must keep their statuette in their family if they die.

The Academy states in its materials that these rules were established to protect the Oscar symbol’s integrity.

Collectors can legally collect Oscars from Oscars given before this rule was implemented. 1999 Michael Jackson paid $1.54 millionFor the 1940 best picture Oscar, “Gone With the Wind”, In 1942, “Gone With the Wind” won the Oscar for best picture. sold at auctionFor $861,542.

The Academy restricts what Oscar winners can do with their trophy trophies. They also limit reproductions of Oscar statuettes. The Los Angeles Times reported in 2016The Academy sued candy shops that made chocolate Oscar replicattes. It also pursued awards websites that used “Oscar” in their names.

Sunday, February 27th will see the 94th Academy Awards. They air on ABC at 8 pm ET. ET on ABC.

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