Thursday, March 5, 2009

Vijay Mallya buys Mahatma Gandhi’s items for $1.8 million

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Vijay Mallya buys Gandhi’s items for $1.8 million

Mahatma Gandhi’s memorabilia went under the hammer in New York early on Friday morning (India time) after hours of high drama.

Liquor baron Vijay Mallaya bought Gandhi’s items for $1.8 million. The collection had a reserve price of between $20,000 and $30,000.

Mallaya is expected to return the items to the Government of India.

Bapu's round wire-rim eyeglasses, a 1910 Zenith sterling silver pocket watch, a bowl and plate and a pair of leather sandals were to be auctioned.

The last time a piece of Indian heritage went under the hammer, Mallya coughed up Rs 4 crore for the Sword of Tipu Sultan and got it back to India.

The auction went off despite the owner of Gandhi's prized memorabilia, James Otis, saying he had decided not to sell the items in the light of the controversy. IBN LIVE




more details soon....

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