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

Three Greek Australians included among NT News Woman of the Year 2026 finalists

Forty standout women from across the Northern Territory have been named finalists in the 2026 NT News Woman of the Year awards.

Alexis Theodorou says social media ban for under-16s has failed to make an impact

Four months after its implementation, frustration is growing among parents who say the measure has yet to deliver meaningful results.

Intralot secures new 15-year licence for Victoria gaming machine monitoring system

Intralot subsidiary Intralot Gaming Services (IGS) has secured a new 15-year licence to operate Victoria’s electronic gaming machine.

Greece tightens unemployment rules with new benefit system reform

Unemployed individuals in Greece risk losing their benefits if they reject three consecutive job offers that match their qualifications.

Marble statue of Athena discovered in ancient city of Laodicea in Turkey

A marble statue of Athena has been uncovered during excavations in the ancient city of Laodicea on the Lycus near Denizli.

You May Also Like

Vasili’s Taxidi: Growing Up in Inner City Milk Bars: The Mascotte Milk Bar, Petersham

As children, the Mascotte was part of Matina and Bill’s everyday lives, as Matina recalls, ‘My brother and I grew up in our shop'.

Taste of Greece comes to the NGV Kids Summer Festival 2023

The NGV Kids Summer Festival returns this school holidays with free performances, artist-led workshops and activities for the whole family.

Archbishop Makarios of Australia to receive Honorary Doctorate from University of Athens

Archbishop Makarios of Australia will be awarded an Honorary Doctorate by the National and Kapodistrian University of Athens (NKUA).