Question Details
Who's Oscar was put up as collateral on $70,000 loan?
Kentoine Johnson in
Entertainment
» Movies
Settled on 05/31/2014 21:20 Settled by
Kentoine JohnsonPredictions
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no new by settlement date
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Background
A mystery Hollywood star has offered their Oscar as collateral in a bid to secure a $70,000 loan.
The film industry heartland has been abuzz with speculation as to who the hard-up headliner could be; the only clue being that he or she won the golden statuette before 1951.
It could mean the secret borrower is simply the relative of a famous actor or director who has since died after winning the gong during the Golden Age of cinema.
Despite costing just £250 ($400) to make, the gold pewter prizes handed out during the Academy Awards have far greater value on the rare occasions they come to auction, with Michael Jackson famously paying $1.5million for the 1939 Best Picture Oscar awarded to Gone with the Wind.
http://www.thisismoney.co.uk/money/news/article-2552919/Academy-Award-winner-puts-Oscar-collateral-43-000-loan.html
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