The most anticipated part of the Oscars is the Oscar award prize and people love to talk about everything related to the academy award prize.
As people love the Oscars and they love every single thing about the Oscars.
Every Oscar has different things coming with it so people get excited about all those things. They all want to know the latest news relates to that.
The very weird thing about the Oscar award prize is that people were even thinking to buy it.
As we have seen in the previous years that people actually by the legit Oscar trophy from the winners who want to sell their prize.
Yes, you heard it, right people legit buy the actual prize from the winners. Michael Jackson won the Oscar for best picture. The Oscar trophy got sold in an auction for $1.54 million.
The best part is that it was sold in like seconds. Reportedly it was the highest price ever someone paid for an Oscar. There are plenty other Oscar awards who also got sold in Auctions
People do research and talk about the things which somehow relates to the prize which certainly be the following things:
- The award prize money
- Oscar prize amount
- The Oscar award prize value
- Award prize material quality & design
The award prize money
As people are so much concerned with the prize money of the award. They want to know that how much money the winners got with the Oscar prize.
For all the people who are concerned with this thing, we have shocking news for them which is that there is NO money prize at all with the Oscar.
The winners got zero money with the award but there’s the best thing which came with the prize. This is that the winners of the Oscars get a straight 30 to 40% increase in their salary in the next movie.
Not only this they also get signed for some amazing things and get the so much media eye on them which makes them so much more than any money.
So actually, there’s no such need of award prize money only the Oscar prize will do pretty much for them.
Oscar prize amount
As I mentioned earlier that the Oscar award doesn’t get any money with it. There is a particular zero dollars amount so no money at all.
But, there’s a thing which gets them money which will be pretty huge.
The winners can easily sell out their actual award in the auction and get pretty good money with that. Because people are legit waiting for such things to happen.
Academy Awards has started a policy which says that if someone wants to sell their prize. Then they first have to get the Academy to know about that. The first priority is to give the prize to them at $10.
This is the award prize amount you will get from them.
The Oscar award prize value
The award has a very high value, why shouldn’t be right?. After all, it’s an Oscar the number 1 award in the film industry so the value should easily be very high.
Oscar will surely be helping you in getting more and more movies in the coming years. The straight increases in salaries, media attention, and more fame.
These things should let you understand the award prize value and when one wins an Oscar. Their life will totally get changed in every aspect.
That’s why every actor is fighting for it and give their everything just to get the prize and to get in the nominations is also the very huge part.
Award prize material quality & design
The material quality of the award is so amazing and great. The award is made up of some quality design and material which makes it unique.
Award is made up of the material called bronze with gold plating on it. The Statuette has a knight with a sword standing on a film that has five different spokes on it.
Each spoke belongs to a different category which is Actors, Directors, Writers, Producers, and Technicians of the movie.
This trophy or we can call it the Oscar Award is inspired by the very famous part of the Hollywood film industry. He is known as Metro-Goldwyn-Mayer which is also called MGM.
It is an American media company that has produced one of the oldest television shows and featured films and this is one of the oldest film studios in America.
Note. One Academy Award statuette which is also called Oscar Trophy costs around $500 to $900.
Its exact amount is not known but the award prize lies in between these two values. It should cost more because of its value and worth which is really high.