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MOVIES - Sept. 16, 1992

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<i> Arts and entertainment reports from The Times, national and international news services and the nation's press</i>

Let It Sell: The Oscar that John Lennon won in 1971 for the film “Let It Be” will be sold at auction in New York on Oct. 5, one of the few statuettes to come on the market in the 65-year history of the Academy Awards. Dealer Herman Darvick said he would sell Lennon’s statuette on behalf of an unidentified collector at New York’s Sheraton Centre Hotel. He expects to get at least $100,000 for the Oscar, which has been in a bank vault since it was sold at a charity auction for $600. This summer, the dealer sold the Oscar won by Harold Russell, a World War II veteran who lost both his hands in battle, for $60,500. Russell received his Oscar for his 1946 performance in “The Best Years of Our Lives.”

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