Welles’s “Citizen Kane” Oscar sells for $861,542

Posted: 21/12/2011 in Uncategorized

(Reuters) – Orson Welles’s Oscar for writing “Citizen Kane” — regarded as one of the best films ever made — sold for $ 861,542 on Tuesday as a hot market for Hollywood memorabilia helped erase memories of an unsuccessful auction four years ago. The best screenplay statuette awarded in 1942 — the only Oscar given to Citizen Kane — failed to meet its undisclosed reserve price when it was last up for auction at Sotheby’s New York in 2007. At that time it was expected to sell for around $ 1

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