40 Surprising Facts About Award Show Ceremonies

Oscars security is famously tight, with one of the most fascinating rules being that Oscar winners must sign a contract agreeing never to sell their statuette. If they do wish to part with it, they must offer it back to the Academy of Motion Picture Arts and Sciences for just $1.

This rule ensures that the statuette remains in the hands of those who earned it rather than being sold to collectors. The Academy’s strict stance protects the legacy and integrity of the Oscar statuette, preventing it from becoming just another piece of Hollywood memorabilia up for auction.