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Got $1 million dollars lying around? Buy Orson Welles' Oscar

NEW YORK (AP) — Orson Welles' 1941 Oscar for Citizen Kane, considered one of the greatest movies of all time, will go on the auction block in December. The Academy Award for Best Screenplay is estimated to sell for between $800,000 and $1.2 million, Sotheby's auction house said Tuesday.

It is the only Oscar Welles ever won. The Academy of Motion Picture Arts and Sciences said it has no plans to block the sale.

"We're never happy to see Academy Awards go on sale," said Bruce Davis, executive director of the academy.

Full story here.

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I can think of worse ways to spend $1 million than buying the Oscar for what's widely considered to be the best American movie ever made.

But having the Oscar isn't the same as having earned the Oscar. Putting something like this on your shelf is just another way of showing off how much weird, expensive stuff you can buy if you're rolling in dough.

Maybe some wealth filmmaker will buy the thing (Mr. Scorsese? Mr. Spielberg?) and donate it to the Smithsonian.

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