US billionaires artefacts set to be returned to Greece after deal secured

·

Greece has secured a complex deal for the return of 161 ancient Greek artefacts from the collection of a US billionaire after Athens had conceded there was no evidence that it had been illegally excavated and exported. 

Most of the pieces are marble works that date from 5300- 2200 BC and are from the Early Bronze Age Cycladic civilization whose elegantly abstract but enigmatic marble figurines inspired artists from Pablo Picasso to Constantin Bancrusi. 

These pieces are usually highly prized by collectors and museums which has recently begun a wave of illegal excavations in Greece – and countless forgeries. 

Greece’s parliament approved the agreement with the New York Metropolitan Museum of Art, a top Athens museum and a Delaware-based cultural institution to which the pieces will be transferred to over the coming years. 

As part of the deal, it was agreed that the works will stagger their return to Greece from 2033-2048, after being displayed in the MET during the same time period.  

Culture Minister, Lina Mendoni described the pieces as masterpieces of unique value, both archaeological and scientifically, that Greece is getting without a messy court battle. 

“They won’t return tomorrow.. But they will (gradually) return,” Mendoni said. 

“This collection was completely unknown to the ministry.”

Most of the pieces in the collection are typical, broad-faced, flat-white marble statues depicting nude women with folded arms, although there are definitely some interesting and unusual type sculptures as well. In addition there are marble bowls, vases, a terracotta frying-pan shaped dish and a pair of bracelets. 

Minister Mendoni also explained that the ministry had no evidence that the artefacts were illegally exported from Greece, even though it was something they knew, there was no way to prove it. 

“A legal effort to claim the collection was estimated to have minimal chances of success, and would not have secured the return of all 161 antiquities,” she added. 

“And we want them all repatriated.”

Source: AP News

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Demis Roussos’ Louis Vuitton cases from infamous 1985 plane hijacking up for auction

Louis Vuitton cases once owned by Demis Roussos - and carried during the 1985 hijacking of TWA Flight 847 hijacking - are going to auction

Families speak out after St Basil’s in Victoria fined for COVID safety failures

Families of residents who died during the COVID-19 outbreak at St Basil’s Home for the Aged in Fawkner, Victoria, have spoken out.

Over 20 Greeks make Forbes billionaires list for 2026

A total of 21 Greeks from the business sectors have been included in the latest Forbes list of the world’s billionaires for 2026.

Greece releases Eurovision video for Akylas’ song ‘Ferto’

Greece has released the official music video for its Eurovision Song Contest 2026 entry “Ferto,” performed by Akylas.

Iran war disrupts Greek tourism with wave of hotel cancellations

Hotels in Greece are facing a wave of booking cancellations as the war in Iran disrupts travel patterns and raises costs.

You May Also Like

Greece among the top places to retire for 2025

Greece has secured a spot among the top 10 places to retire in 2025, according to International Living’s Global Retirement Index.

South Melbourne FC earn direct Australia Cup entry under 2026 overhaul

South Melbourne will secure direct entry into the 2026 Australia Cup following their Australian Championship triumph.

Thanasi Kokkinakis makes emotional comeback in Adelaide after injury-hit year

Thanasi Kokkinakis marked an emotional return to singles competition with a hard-fought first-round victory at the Adelaide International.