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Did You Know Michael Jackson Bought Gone With The Wind’s Trophy At A Whopping $1.5 Million?

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When Michael Jackson Bought An Oscar At An Astounding PriceWhen Michael Jackson Bought An Oscar At An Astounding Price
When Michael Jackson Purchased An Oscar At An Astounding Value. (Picture Credit score – Instagram)

Oscars 2024: At present, we’re right here with the story of Michael Jackson’s prized possession, an Oscar trophy that the King of Pop purchased for a staggering quantity at an public sale. It was the very best image award for Gone With the Wind, a Hollywood traditional. For a way a lot did MJ purchase the Oscar? What occurred to it after his demise, or the place is it now? Maintain scrolling to know.

The 2024 Oscars are only a few hours away, and most of the people are desirous to know what number of trophies Christopher Nolan and his group of Oppenheimer will obtain. As per statistics, Nolan’s movie is predicted to take house round six Academy Awards after profitable all the most important awards this season. Emma Stone can also be a powerful contender for the Main Actress Award, and if she wins, she could have two to her credit score. She was nominated for Poor Issues.

Since 1950, the Oscar winners needed to agree in writing that they’d not promote the trophy on the open market with out providing it again to the Academy at $1. The quantity was fastened because the token quantity. The film Gone With the Wind was launched in 1939, starring Clark Gable, Viviene Leigh, and Thomas Mitchell. Directed by Victor Fleming, the movie received eight Oscars in 1940, together with Greatest Image, which was ultimately bought by Michael Jackson at an public sale in 1999.

In line with THR, because the Oscar was awarded to Gone with the Wind in 1940 earlier than the principles towards promoting them had been launched, it went up for Sotheby’s public sale. Michael Jackson purchased it at a file value of $1.54 million. It is without doubt one of the highest quantities anybody paid for the golden statuette, which isn’t even stable gold.

The sellers speculated they’d acquire $300,000 for the Oscar earlier than the public sale. Nevertheless, it noticed a bounce of 413.33%% when Michael Jackson bought it. However what occurred to it after that?

MJ handed died abruptly of cardiac arrest in 2009 on the age of fifty. It was dominated as murder as a deadly mixture of sedatives and propofol, an anesthetic, induced his demise. In 2011, his private doctor, Conrad Murray, was discovered responsible of involuntary manslaughter.

It’s assumed that Michael Jackson saved the $1.54 million Oscar at his Neverland property or the Los Angeles house the place he was residing till he died. Sadly, the trophy was nowhere to be discovered, and it’s believed a member of the Jackson household might need fled with the award, hidden in a storage facility with different belongings, or it might need been stolen throughout the commotion when he handed away.

What’s the Oscar made from?

The Oscar is reportedly made from an alloy referred to as Britannium [93% tin, 5% antimony, and 2% copper] and plated with pure gold.

The Oscars 2024 or 96th Academy Awards are all set to happen on March 10, Sunday.

For extra such throwbacks, keep tuned to Koimoi!

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