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Share At the time, the rules of the Academy dictated that the producer of the winning film receive the Oscar.  However, in recognition of his groundbreaking work on Mighty Joe Young and King Kong (1933) 16-years earlier, producer and story creator Merian C. Cooper presented the trophy to O Brien.  Coming soon: The golden statuette is hitting the auction block July 16 as part of Heritage Auctions Entertainment Memorabilia sale To avoid Oscar statuettes from being a collector s item to be bought and sold, the Academy of Motion Picture Arts and Sciences (AMPAS) has a rule that prohibits recipients from selling or disposing of an Oscar trophy without first offering it back to the Academy for $1.

United statesWillis obrienFrank mchughKing kongKing kong willis obrienDouglas fowleyJill youngMerianc cooperJoe youngBen johnsonMighty joe youngTerry mooreRobert armstrongOscar the academyAcademy awardAcademy of motion picture arts