12 Things You Didn't Know About the Oscar Statue (2024)

Ever wonder how much an Oscar was worth?

12 Things You Didn't Know About the Oscar Statue (1)By Leah Silverman
12 Things You Didn't Know About the Oscar Statue (2)

As the 2019 Oscars grow ever nearer, it's time to brush up on our AcademyAwards trivia.

Every year you watch the lucky winners take home their famed golden statues – but do how much do you really know about the coveted Oscar gold? From how much they cost to who they were inspired by, here are 12 facts about the iconic golden statue.

1

An Oscar Is Only Worth $1.

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Some stats will tell you that the Oscar is worth anywhere from $400 to $1.36 million (Steven Spielberg purchased Bette Davis's 1938 Best Actress Oscar for $578,000), but due to a 2015 court ruling that mandates any resale of a statuette first be offered to the Academy for $1, an Oscar is technically worth only that: $1. As far as cost for production goes, the statues are made for around $400 a piece. Talk about poor resale value.

2

'Oscar' Wasn't Always The Award's Official Name.

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Initially named "the Academy Award of Merit," it's still a bit of a mystery where "Oscar" came from. One prevailing rumor holds that academy librarian, and eventual executive director, Margaret Herrick joked about the back of the statuette looking a bit like her Uncle Oscar.

The Academy didn't adapt the name until 1939, but it was widely popular as early as 1934 when a reporter referred to Katharine Hepburn's first (of 4) best actress wins as an "Oscar" success.

3

The Statuette Is Modeled After A Knight.

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Ever notice that "Oscar" grips a sword? That's because the original design for the statuette featured a knight posed above a reel of film, to represent a "crusader" of the industry. The concept, designed by MGM art director Cedric Gibbons, has simplified over the years to become the poised golden man we know today, but the sword still remains.

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4

It Takes 10 Days To Make One Oscar.

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...and three months to make all 50. From 1982 until 2016, a Chicago-based factory, R.S. Owens & Company, manufactured the statuettes. Before then they were manufactured in Batavia, Illinois. Now they're made about an hour and a half outside of New York City, at Polich Tallix, a fine art foundry.

5

In 2000, The Oscar Statuettes Were Stolen Out Of Their Delivery Truck.

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They were later found in the garbage by a junk dealer. Every year since, the Academy has had an extra set made that's locked safely in a vault—just in case.

6

More Statuettes Than Nominees Are Made Each Year.

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The extras accommodate the possibility of a tie or multiple winners per category. In order to guarantee secrecy, the awards aren't engraved with the winner's name ahead of time. Instead, separate plaques are created for each individual nominee, and once the winner has accepted his/her award, the appropriate plaque is affixed to the Oscar. Which means no one knows just who or how many winners there are on Oscar night until that fateful envelope has been opened.

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7

The Statuettes Are Merely Gold-Plated.

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Beneath that sheath of 24-karat plating is actually bronze—not gold.

8

During WWII The Statuettes Were Made Of Plaster.

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For three years the prizes were made of painted plaster, but the winners were later given gold and metal replacements once the war had ended. It's safe to assume they have a shorter shelf-life than the pewter and gold statuettes of today.

9

Audrey Hepburn Popularized the "Kissing Your Oscar" Photo.

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Today it's a classic photograph of Oscar winners sharing a kiss with their award but it wasn't always a go-to celebrity pose. Although we're sure winners gave their Oscars a peck in private, Audrey Hepburn popularized the idea of kissing your Oscar when she won hers in 1954 for her role in Roman Holiday.

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10

The Academy Used to Give Out "Mini-Oscars".

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The award ceremony created the Academy Juvenile Award as a way to honor talented performances by child actors without having them compete with adults. Actress Shirley Temple won the award in 1935 for her role in Bright Eyes. The special "mini-oscars" were not given out every year as there wasn't always a contender, and the Academy eventually stopped issuing the special award in 1962.

11

Since The First Ceremony, 3,048 Statuettes Have Been Awarded.

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This isn't counting the surplus Oscars that don't go home to winners. (Those are saved for the next year.)

12

They Weigh As Much As A Newborn.

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The statuettes are dense, clocking in at 8.5 pounds and 13.5 inches tall. It must be pure adrenaline that allows winners to fling them around in their joy on stage.

12 Things You Didn't Know About the Oscar Statue (2024)

FAQs

12 Things You Didn't Know About the Oscar Statue? ›

The solid-bronze statues are cast at New York foundry Polich Tallix and buffed to a shiny finish before receiving their 24-karat gold coating from Brooklyn's Epner Technology (making 50 awards takes about three months). Once completed, each statue weighs in at 8 ½ pounds – as much as a newborn baby.

What are some fun facts about the Oscar statue? ›

The solid-bronze statues are cast at New York foundry Polich Tallix and buffed to a shiny finish before receiving their 24-karat gold coating from Brooklyn's Epner Technology (making 50 awards takes about three months). Once completed, each statue weighs in at 8 ½ pounds – as much as a newborn baby.

What are some interesting facts about the Oscar awards? ›

The Academy Awards ceremony has been held since 1929, with the ceremony broadcast via radio for the first time in 1930. In 1953, the event was first televised and has been ever since. As the oldest of the major annual entertainment awards in America, the Academy Awards are a huge production.

How much is each Oscar statue worth? ›

In 1950 the Academy introduced a law prohibiting the sale of the Oscars. The real price of the statuettes is actually one dollar. In the event that a person wants to get rid of one of the awards, they cannot sell it and will have to return it to the Academy for that price.

Why does the Oscar have a sword? ›

It's based on a design by Cedric Gibbons, who was MGM art director at the time of the award's creation. He sketched a knight holding a sword and standing in front of a film reel, according to the Academy. In 1928, they began the process to turn that idea into a statue.

Are Oscar statues made of real gold? ›

The statuettes are solid bronze and plated in 24-karat gold. Due to a metal shortage during World War II, Oscars were made of painted plaster for three years. Following the war, the Academy invited recipients to redeem the plaster figures for gold-plated metal ones.

Does the Oscar statue have a sword? ›

Gibbons designed the statue with Fenandez's help, creating a knight standing on a film reel, holding a crusader's sword, which was meant to represent a crusader of the industry. The statue was then sculpted by Stanley and has remained the same 94 years later.

What are the 5 most important Oscars? ›

The five major categories are Best Picture, Best Director, Best Actor, Best Actress, and Best Screenplay (original or adapted), and only three movies in history have swept the Oscars by winning each of the Big Five within the same year.

Who is the biggest Oscar winner of all time? ›

It may come as a surprise, but the person with the most Oscar awards ever is not a movie star — it's Walt Disney. He received 26 Oscars, of which 22 were competitive awards and four were honorary awards.

Why is the Oscar only worth $1? ›

How much is an Oscar worth? In short $1. That's because anyone who wins an Oscar must sign an agreement and adhere to a no-resale rule put into place in 1951 by the Academy of Motion Picture Arts and Sciences, the professional honorary organization that hosts the Oscar Awards.

Is the Oscar statue solid gold? ›

It is composed of 24-karat gold-plated bronze. The sleek award stands 13.5 inches tall and weighs a hefty 8.5 pounds. If cast in 24-karat gold, the award would weigh 22.7 pounds, a mass equivalent to a large watermelon or two-year-old child. Gold is 2.7 times as dense as bronze.

What does Oscar stand for? ›

The Academy Award statuette's nickname, “Oscar,” has three possible sources. Actress Bette Davis claimed that the name derived from her observation that the backside of the statuette looked like that of her husband Harmon Oscar Nelson. Columnist Sidney Skolsky maintained that he gave the award its nickname.

Who is the Egyptian god in the Oscar statue? ›

At the same time, many people believe that the trophy's design is based on the figure of the Egyptian god Ptah. Artist Karon Davis told The Hollywood Reporter, “I wonder if he was influenced by Egypt because it is very similar to the god Ptah.” Ptah was the ancient Egyptian god of creation and art.

What is the Oscar symbol? ›

Standing at a height of 13 inches and weighing 8 pounds, the Oscar statue is a striking representation of a knight holding a crusader's sword, standing atop a reel of film with five spokes. These spokes symbolize the five original branches of the Academy: actors, directors, producers, technicians, and writers.

What is Oscar holding in his hands? ›

They agreed on an annual award and then began thinking about what sort of trophy the winners could be given. MGM art director Cedric Gibbons designed the trophy, choosing to make it a statuette of a knight standing on a reel of film, whilst gripping a crusader's sword.

How did the Oscar statue get its name? ›

Einar's writings, specifically, indicated that Lilleberg nicknamed the golden statuette “Oscar” after a neighborhood figure they both knew in their younger years. He was a veteran of the Norwegian army, Einar recounted, who was “known for the way he always stood straight and tall,” Davis wrote.

How much does the Oscar statue weigh? ›

According to the official Oscars website, the Oscar statuette weighs 8.5 pounds and is 13.5 inches tall. If you're curious for some comparison, the World Health Organization reported in 2023 that the average weight of a newborn baby is just a little over 7 pounds.

Can you sell an Oscar statue? ›

"Award winners shall not sell or otherwise dispose of the Oscar statuette, nor permit it to be sold or disposed of by operation of law, without first offering to sell it to the Academy for the sum of $1.00," the Academy's rule website states.

Who is the youngest person to win an Oscar? ›

1- Tatum O'Neal

Actress Tatum O'Neal was only 10 years old when she won a competitive Oscar in 1974. She became the youngest person to win the award. Tatum was recognised as the Best Supporting Actress Oscar for her role in “Paper Moon.” In the film, she starred opposite her real-life father, Ryan O'Neal.

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