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Auction house earns Rs 1.5 cr on Gandhi memorabilia sale

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Agencies

Posted: Mar 07, 2009 at 1210 hrs IST

New York Mahatma Gandhi's iconic round eye glasses and other personal belongings, sold for USD 1.8 million (Rs 9.3 crore) at an auction in New York, fetched a whopping USD 296,000 (RS 1.53 crore) in commission, according to Antiquorum Auctioneers.

A day after the precious articles went under the hammer, the auction house announced that Gandhi's pocket watch, sandals, glasses, bowl and plate were "indisputably" the star attraction at the auction and fetched a total of USD 2.096 million, commission included.

It said it was pleased that the objects – bought by Indian liquor baron Vijay Mallya – will be returning to India.

The bowl and plate, which came under the hammer, were used by Gandhi for his last meal.

"The sale of the spiritual and political leader of India's possessions had stirred worldwide interest and had been closely watched by collectors and supporters of Gandhi worldwide," Antiquorum Auctioneers Chairman Robert Maron said in a statement in new York on Friday night.

Antiquorum also said it was pleased that the articles will be returning to India and "we know this was the hope of the Indian people, as well as many others around the world."

Just before the auction, owner of Gandhi's items James Otis had agreed to withdraw them from the auction but Antiquorum did not agree. It argued that it could have a big liability if it allowed the items to be withdrawn from the auction as more than 30 bidders had already registered for them and some had even sent in written bids.

As soon as the auctioneer announced the items as sold, a large number of Indian-Americans, who had come to witness the auction or to bid, burst into loud round of applause.

The auction activity was suspended for several minutes as the community leaders congratulated each other.

Mallya, who had in 2004 bought Tipu Sultan's sword from a London auction house, said he was bringing Gandhi's memorabilia to Delhi and would be "presenting these to the government."

However, the industrialist, who was in France, appeared displeased at the government's claim that it had arranged for procurement of Gandhi's personal effects through him, saying his participation in the auction was purely a personal decision and a matter of pride.

In New Delhi, the government had earlier said it worked on various options, one of which bore fruit as the bid was won through Mallya in a strategy to ensure that the items do not fall into the hands of a foreigner.

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about the antic novel by Himanshu on 17 Mar 2009

I hereby informed you that I have a “world’s oldest and antique novel named-MACBETH”. This novel is written by the great and famous author named “WILLIAM SHAKESPEARE”. Description of this antique novel (1) This novel is 285 years old. (2) This novel is written by William Shakespeare in the year of 1606 (3) It is published in the year of 1623 by allied publication (London). (4) It is very small novel whose length is 3 cm and height is 5 cm and birth is just 1.5 cm only. (5) The weight of this novel is only 16 g(6) It has total 315 pages only. (7) the characters of this novel are readied by necked eyes. (8) It include picture of great LADY M. HARK also. (9) I believed that this novel is world’s shortest, smallest and oldest novel in the world. No other copy of this antic novel is presently in the world. So, I wish that this antique novel is sold by your auction house and seen to the people by your channel

Gandhi's legacy more than a plate! by Dee on 07 Mar 2009

But isn't it better if we maintain the wealth in country and Mallaya could have spent it on some villages to improve their lives. All the Hindu idols were broken and stolen and still can be found out in these auction houses but Hindu as community survive with much more confidence than looters. So, the need of time is to follow Gandhi's principles not running behind his left overs.

True by Avani on 07 Mar 2009

True Manish. Gandhiji's legacy is actually worth more. I hope now those politicians in India pay at least as much attention to his message as they have paid to his belongings in the last few days.

News!! by Manish Joddar on 07 Mar 2009

Legacy of a man still is worth millions.

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