Jack Palance (born February 18, 1919 – November 10, 2006) did not get nominated for an Oscar in the film "Young Guns". He was an American actor of Ukrainian descent. He was nominated for three Academy Awards, all for Best Actor in a Supporting Role, receiving nominations for his roles in "Sudden Fear" (1952) and "Shane" (1953), and winning the Oscar almost 40 years later for his role in "City Slickers" (1991).

"Young Guns" is a 1988 American Western film directed by Christopher Cain and written by John Fusco. The film is the first to be produced by Morgan Creek Productions. The film stars Emilio Estevez, Kiefer Sutherland, Lou Diamond Phillips, Charlie Sheen, Dermot Mulroney, Casey Siemaszko, Terence Stamp, Terry O'Quinn, Brian Keith, and Jack Palance.

The film is a retelling of the adventures of 'Billy the Kid' during the Lincoln County War, which took place in New Mexico during 1877–78. It was filmed in and around New Mexico. Historian Dr. Paul Hutton called "Young Guns" the most historically accurate of all prior 'Billy the Kid' films.

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