The selection process for the 1924 Summer Olympics consisted of six bids, and Paris was selected ahead of Amsterdam, Barcelona, Los Angeles, Prague, and Rome. The selection was made at the 20th IOC Session in Lausanne in 1921. The cost of these Games was estimated to be 10,000,000 F (equivalent to €10.1 million in 2022). With total receipts at 5,496,610 F (equivalent to €5.53 million in 2022), the Olympics resulted in a hefty loss despite crowds that reached up to 60,000 in number daily. The United States won the most gold and overall medals, having 229 athletes competing compared to France's 401. 1924 Obverse - Nike with laurel wreaths crowning victorious athletes. Reverse - City view of Paris over French legend in three lines, monogram of designer (Raoul BENARD) below.