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My Gal Sal Oscar smashes auction estimate

An Oscar statuette won by the filmmakers behind Rita Hayworth's movie musical My Gal Sal has gone under the hammer for $79,200, more than double its auction estimate.

An Oscar statuette won by the filmmakers behind Rita Hayworth's movie musical My Gal Sal has gone under the hammer for $79,200, more than double its auction estimate.

An heir of Joseph C. Wright, who won the Academy Award for Best Art Direction - Interior Decoration, Color, handed the gold statuette to Briarbrook Auctions bosses in Rhode Island and they valued it at between $5,000 and $30,000.

The award went up for sale on Monday, when it was snapped up by an anonymous telephone bidder from California.

Auction house owner Nanci Thompson tells Reuters, "Oscars are quite a rare commodity. There just aren't many around."

Wright won the prize before executives at the Academy of Motion Picture Arts and Science enforced a rule in 1950, banning winners and their relatives from selling the Oscar.

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