The Original Drawing Of The Olympic Rings By Pierre De Coubertin Sold At Auction For €185,000
The original drawing of the Olympic rings by the founder of the modern Olympic Games, Pierre de Coubertin, was raffled off on Sunday at an auction held in Cannes, France. The drawing was sold for €185,000.
The drawing is made on a white canvas measuring 21x27.5 cm and consists of an intertwining of five rings of different colors. It is believed that the rings symbolize parts of the world: the blue ring is Europe, yellow is Asia, black is Africa, green is Australia and red is America. In the official directory of the International Olympic Committee (IOC), the color of the rings does not correspond to parts of the world.
De Coubertin presented the rings in the August 1913 edition of the Olympic review. The flag in the form of five rings was planned to be presented to the public during the IOC Congress in June 1914, but due to world war I, the event was canceled. As a result, the flag was presented before the opening ceremony of the 1920 Olympic Games in Antwerp.
In February 2020, Alisher Usmanov, a Russian businessman and head of the International Fencing Federation, handed over the manuscript of Pierre de Coubertin's Manifesto to the Olympic Museum in Lausanne. In December 2019, the Olympic Manifesto was purchased at auction for $8.8 million, the starting price of the lot was set at $500 thousand. The buyer's name was not reported.
De Coubertin developed the oath and emblem of the Games, and also proposed the slogan "Faster, higher, stronger," in his honor is named a special award, given by the IOC for showing generosity during the Olympic games. The IOC was founded on the initiative of de Coubertin in 1894, the first President of the organization was the Greek Demetrius Vikelas. De Coubertin led the organization in 1896-1916, and the years 1919-1925. The first modern Olympic games were held in Athens in 1896.