Two Academy Awards for best picture are going up for sale in a rare auction.

Auction house Profiles in History said an Oscar awarded to Mutiny on the Bounty in 1936 and another given to Gentleman's Agreement in 1948 will go up for auction in Los Angeles starting December 11.

The Mutiny on the Bounty best-picture statuette is expected to go for between US$200,000 ($292,000) and US$300,000. Frank Capra presented the award to Irving Thalberg when the Academy Awards were less than 10 years old. It is being put up for sale for the first time by the family of Thalberg, an essential figure in early Hollywood history.

The best-picture Oscar for Gentleman's Agreement, the 1947 film starring Gregory Peck that took on anti-Semitism and won three Academy Awards, is expected to fetch between US$150,000 and US$200,000. Its seller wants to remain anonymous.

Advertisement

Hans Dreier's art-direction Oscar for the 1950 film Sunset Boulevard and Gloria Swanson's Golden Globe for best actress in a drama for the film are also on offer, along with other historic movie awards.

Auctions of Oscar statuettes are very uncommon because winners from 1951 onward have had to agree that they or their heirs must offer to sell it back to the Academy of Motion Picture Arts and Sciences for US$1 before selling it to anyone else. The Academy has said it firmly believes Oscars should be won, not sold.

Still, occasionally Oscars do go up for sale and sell for large sums of money.

- AP