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'Casablanca' director's Oscar up for auction

The Oscar statue awarded to Michael Curtiz for Best Direction of the 1943 film 'Casablanca,' is pictured. (Nate D. Sanders Fine Autographs and Memoribilia)

June 26, 2012 12:00:00 AM PDT
The Oscar Michael Curtiz won for directing "Casablanca" is expected to fetch up to $3 million at auction this week.

Nate Sanders auction house in Los Angeles is selling the award. The auction ends Thursday, June 28, at 5 p.m. PT.

The award is not going on sale without a little controversy. In 1950, the Academy of Motion Picture Arts and Sciences created a policy that bans winners from selling their Oscars to anyone but the academy itself.

But "Casablanca" pre-dates that agreement. The film, which starred Humphrey Bogart and Ingrid Bergman, also won oscars for Best Screenplay and Best Picture back in 1943.