The grandson of the legendary runner, also called Spiros Louis, decided to sell the precious artifact inherited by his grandfather. According to an interview he gave to Ta Nea newspaper, he originally tried to sell the cup to the Greek state. At the beginning it was the former Mayor of modern day city of Marathon who was interested to buy the cup in order to exhibit it in the municipality’s museum. Then, there was interest by the Hellenic Association of Amateur Athletics (SEGAS) and by Kostas Panagopoulos of the Athens 2004 Organizing Committee for the Olympics. Spiros Louis also tried to contact the Minister of Culture but there was no result. Greece managed to host one of the most expensive Olympiads in the history of the modern Games but there was no money to keep this artifact in Greece.
According to Christie’s, the silver cup is estimated to realise between £120,000 and £160,000. Funnily, Spiros Louis said that he originally tried to sell the family’s artifact to the Greek state at a much lower price.
The news about the cup going on the box caused many reactions. Like that one of George Patoulis, Mayor of Athens’ Marousi district where the main Olympic Sports Complex is. The legendary runner, you see, was born in Marousi and the current Olympic Sports Complex is named after him. “We are emotionally attached to Spiros Louis. As soon as we learned about the auction we were mobilized. I personally send letters to friends who are businessmen in London in order to open an account so that we buy the Cup” said Patoulis.
As for who is going to pay for it so that Patoulis celebrates the return of the cup to its home, no one knows. And even if this idea is realized another question will remain. Why did we have to pay a higher price, including the commission of Christie’s, in order to keep this artifact in Greece?