The Oscar statuette is the most prestigious prize in Hollywood—here's why it's only worth $1 - CNBC

Since 1951, Academy Award winners have been forbidden from selling or giving away their golden trophies.

Winning an Academy Award is often considered the most prestigious honor you can receive in Hollywood. Earning an Oscar can instantly allow actors to command as much as 20% more money on their next p… [+1813 chars]

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