A pair of trophy oars awarded to Harvard University after winning the first of what is now an annual boat race against Yale could sell for as much as $5 million at auction next month.
A pair of trophy oars awarded to Harvard University after winning the first of what is now an annual boat race against Yale—which marked the beginning of the now billion-dollar American college sports industry—could sell for as much as $5 million at auction next month.
Future president Gen. Franklin Pierce, who at the time was campaigning as the Democratic Party presidential nominee, presented the black walnut oars with silver engravings that read: “1st Prize Lake Winnipiseogee Aug. 3rd, 1852” to the Harvard University rowers after they won the 2-mile regatta. The oars are being sold by a family that has owned them for roughly 30 years, according to Sotheby’s, after finding the oars in the basement of an old rooming house their father purchased in Medford, Massachusetts, that was undergoing construction work.
The adult children of the owner recognized the significance of the oars and convinced their father to preserve them, Sotheby’s said, though it’s still unclear how the oars ended up at the house. The online sale will be up for bids from May 17 to May 24 and will be publicly exhibited at Sotheby’s New York showroom for five days leading up to the final day of bidding.“College sports in America is a uniquely American phenomenon.
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