A statue of Pierre de Coubertin at the headquarters of the International Olympic Committee in Lausanne. - Valery Sharifulin / TASS / Sipa USA / SIPA

A project for the design of the Olympic flag signed Pierre de Coubertin found a buyer during an auction in Cannes (Alpes-Maritimes). "The drawing was sold to a Brazilian collector, an individual, at a price of 185,000 euros plus 27% costs, or 234,950 euros," said this Sunday Alexandre Debussy, associate director of Cannes Enchères, the organizer of the sale.

The National Sports Museum, located in Nice, also coveted the piece, but the sum that it had planned to spend to preempt it on behalf of the French state turned out to be lower than the auction price.

This work by Pierre de Coubertin is symbolic of the spirit of union of the nations that he advocates.

The only known design of the project for the Olympic flag, this real museum piece has panicked auctions in Cannes!

Result: 234,950 € pic.twitter.com/J4XbapVvms

- La Gazette Drouot (@gazette_drouot) July 27, 2020

Ayrton Senna gloves sold for 12,000 euros

Designed in 1913 by Baron Pierre de Coubertin, the father of the modern Olympic Games, this project had been given to one of his supporters in Lausanne and had remained in the same family until its recent acquisition by a collector who put it in the spotlight. sale. Estimated between 80,000 and 100,000 euros, this original drawing in graphite and gouache on paper, measuring 21 x 27.5 centimeters, was priced at 50,000 euros.

During this sale dedicated to the world of sport, the National Sport Museum consoled itself by preempting the gloves of Brazilian Formula 1 champion Ayrton Senna, offered at the end of the Grand Prix to the president of the Estoril circuit, at the Portugal, in 1990. This pair of gloves was purchased for almost 12,000 euros, costs included. In total, only four lots out of the 160 auctioned did not find takers, the total sale showing a balance sheet of 282,000 euros, or 360,000 euros with costs.

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  • Flag
  • Stone coubertin
  • Olympic Games
  • Sport
  • Auction