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The original design of the Olympic rings, by Pierre de Coubertin, the “father” of the modern-day Olympic Games, was sold this Sunday for 185,000 euros at auction, the promoter announced.
According to the assistant director of Cannes Encheres, Alexandre Debussy, “the design was sold to a Brazilian collector for 185 thousand euros, plus costs, or 234,950 euros”.
Dating back to 1913, the project was delivered by Pierre de Coubertin to a Swiss man, having stayed in the family through the ages until a collector bought it in recent years, before putting it up for sale again.
Read more at O Jogo