1942 Oscar auctioned in Rhode Island - 7News Boston WHDH-TV

1942 Oscar auctioned in Rhode Island

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EAST GREENWICH, R.I. (AP) - A rare auction of an Oscar statuette has brought a total of $79,200.
  
Nanci Thompson of Briarbrook Auctions in Rhode Island said Monday that amount includes a 20 percent buyer's premium for the 1942 Oscar. It was awarded to Joseph C. Wright for color art direction for his work on "My Gal Sal," starring Rita Hayworth and Victor Mature.
  
Thompson declined to disclose the name of the buyer, but said "you would recognize the name."
  
The Academy of Motion Picture Arts and Sciences doesn't allow an Oscar statuette to be sold without first offering it back to the academy for $1. But the auction house says that restriction doesn't apply to awards before 1950.
  
Wright died in 1985. His nephew inherited the statue, one of two Wright won in 1942.

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