Orson Welles' Oscar sold

Reuters 2011-12-21

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Orson Welles' Academy Award for "Citizen Kane" was sold at auction on Tuesday (December 20) for just under 862,000 dollars (USD).
Known for his distinctive voice, actor-writer-director Welles received the award for Best Original Screenplay in 1942, the only Oscar that either "Citizen Kane" or Orson Welles ever won.
The Oscar is one of only a handful of Academy Awards that have sold for nearly a million dollars, with illusionist David Copperfield among the bidders from around the world.
For decades, Welles believed he had lost his "Citizen Kane" statuette, but it resurfaced in 1994.
After a custody battle, it was awarded to his daughter, Beatrice Welles.
Echoing the theme of "Citizen Kane" Orson Welles' Oscar has now found a permanent home where it will be cherished.
Lisa Giles-Keddie, Reuters

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