1942 Oscar Goes On The Auction Block

PROVIDENCE, R.I. (June 20, 2014) An Oscar statuette will be sold Monday at an auction in Rhode Island that art director Joseph C. Wright, won in 1942 for color art direction on the film "My Gal Sal."

The statuette will be sold Monday by Briarbrook Auctions in East Greenwich, R.I.

The Oscar now belongs to Wright's nephew, who lives in Cranston and wishes to remain anonymous.

Oscars rarely come onto the market.

Since 1950, Oscar winners have been required to sign a contract agreeing that if they or their heirs ever want to sell an Oscar, it must first be offered to the Academy of Motion Picture Arts and Sciences for $1.

Wright died in California at the age of 92.

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