Moet & Chandon has been doing a big push with the awards ceremonies lately.

They had a red carpet presence at the Golden Globes and now they been designated the exclusive champagne of the 81st Annual Academy Awards.

Moet & Chandon’s flagship champagne, Moet & Chandon White Star, will be showcased along with other qualities from the maison, including Moet & Chandon Grand Vintage, Moet & Chandon Nectar Imperial and Moet & Chandon Rose Imperial, at the Academy’s premiere events.

Resale value for Oscars won after 1950 are limited because the Academy makes all winning celebrities sign an agreement that if they want to sell they have to first offer the statue back to them for $1.

Based on the current price of the gold if melted down each Oscar is worth about $500.

If sold on the sly (or for pre-1950 Oscars that can be sold in the open) big-name Oscars will easily clear $60,000+, with many hitting 6 figures. Via Luxist & environmentalgraffiti