Orson Welles’ Oscar goes for $ 861,1542

MUMBAI: Among many other bidders, David Copperfield was one who was clamouring for Orson Welles‘ best original screenplay Oscar that he had won for Citizen Kane at an auction on Tuesday.

Finally, the statuette ended up selling for $861,542 to a buyer, whose name was not disclosed.
 
According to auction house owner Nate D. Sanders, bidders came from around the world. Sanders added that the statuette, that was previously put up for auction in 2007 by Sotheby‘s, failed to sell. “This is a testament to the popularity of Orson Welles and his magnum opus Citizen Kane,” Sanders has been quoted to have said.

Copperfield told the auction house that he wanted the Oscar because “Orson Welles was not only a magician of the cinema but also a performing magician himself.”