Academy Mails Final Oscar Ballots

1945 Oscar for Best Art Direction

Est. sale price: $60,000-$80,000

Hans Drier won this Academy Award for his art direction in Frenchman's Creek starring Joan Fontaine, Basil Rathbone and Nigel Bruce. Oscars rarely come up for sale as the Academy has vigorously enforced rules prohibiting the sale of the statuettes, though some that have already been sold are outside its reach. 

The final Oscar ballots of 2012 are officially in the mail.

PHOTOS: Academy Awards 2012 Nominees

The Academy announced on Wednesday, Feb. 1 that ballots had been mailed to all 5,783 voting members for completion. Voters have until Tuesday, Feb. 21 to return the ballots to PricewaterhouseCoopers for submission – any received after the deadline will not be counted.

Votes will be tabulated with the winners’ names placed in sealed envelopes for the Sunday, Feb. 26 broadcast, where the winners’ in 19 Awards categories will be announced live on ABC.

STORY: Kodak Theater Owner Begins Negotiations to Retain Oscars

As is tradition, the 2012 ceremony will take place at the famed Kodak Theatre in Hollywood. As part of The Eastman Kodak Co.’s bankruptcy filing, the company recently requested to get out of its naming contract for the Hollywood & Highland-located theater, meaning it could soon be out of the Oscars picture altogether. The CIM Group, which owns the complex, has begun negotiations to keep the ceremony at the same location -- sans the Kodak name -- beyond 2013.