Asked by: Mamudu Hoogestraatmusic and audio urban contemporary music
Can you sell a Grammy Award statue?
Last Updated: 27th June, 2020
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Likewise, how much is a Grammy Award statue worth?
Cost per award: $400 However, the value of the award is actually only $1 due to a 2015 court ruling that states that it must first be offered to the Academy of Motion Picture Arts and Sciences for $1 before an Oscar statuette can be put up for bid, Entertainment Weekly reports.
Additionally, do you get money for winning a Grammy? The short answer is no: Artists, producers, and/or songwriters do not get a check or monetary amount for winning an award.
Also Know, why can't you sell a Grammy Award Pawn Stars?
Back in 2010, the reality show Pawn Stars featured a man attempting to sell the 1970 Best R&B Recording Grammy, originally awarded to Ronald Dunbar for “Patches.” Dunbar claimed legal ownership of the Grammy, got a court to forbid the Pawn Star people from re-selling it, and won his prize back.
Who gets a Grammy statue?
Each credited member of the band (contributed at the time the song or album was recorded with their name published) gets a statue. The Academy awards (Oscars) set limits on the number of statues given out (maximum of three), but the Grammys have no such limitation.