Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Gandhi's items sold for $1.8 million

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
 
Vehl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 09:51 PM
Original message
Gandhi's items sold for $1.8 million
Source: CNN

NEW YORK (CNN) -- A number of Mahatma Gandhi's personal items were auctioned Thursday, with an Indian businessman making the winning $1.8 million bid.

The auction winner is Vijay Mallya, chairman of India's UB Group, which includes Bangalore-based Kingfisher Airlines and United Breweries. He was expected to return the items to the Indian government, according to CNN-IBN, CNN's sister station in India.


Controversy surrounded the sale of Gandhi's items -- among them his metal-rimmed glasses, pocket watch, sandals, bowl and plate -- prompting the seller, James Otis, to ask that the items be withdrawn from the auction.

India voiced strong objections to the auction. Its Ministry of External Affairs said the bidding would "commercialize and thereby demean the memory of the Father of the Nation and everything that he stood for in his life, beliefs and actions."




Read more: http://edition.cnn.com/2009/US/03/05/gandhi.auction/



I see something fishy here. the Auction house went ahead with the auction even after the owner informed them about his desire to cancel the auction.
they reportedly booted the owner's lawyer who attended the auction house to stop the sale.one wonders if they more interested in getting their commission from the sale than in the wishes of the owner?


but the outcome seems to be a positive one for india as the new owner would be returning those items to the Indian government.

Printer Friendly | Permalink |  | Top
The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 09:56 PM
Response to Original message
1. I'm surprised that the bids got that high, it was well known that the indian government
was going to win that auction one way or another no matter how high the bids went. That would discourage even the most serious/ wealthy collector from bothering I would think.

Printer Friendly | Permalink |  | Top
 
Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 10:25 PM
Response to Original message
2. More likely, they knew the owner's claim to them
was on the iffy side and he and they faced a lawsuit from the Indian government if the deal wasn't made with someone who intended to put them back where they belonged.

This way, everybody got paid and it was cheaper than an international lawsuit that would have dragged on for years.

My guess is that the "owner" sent his lawyer there to stop the sale for less than he thought he should get for them.

It would be fascinating to find out how such important, iconic items from the father of Indian independence found their way into a private collection in New York.
Printer Friendly | Permalink |  | Top
 
ConcernedCanuk Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-05-09 10:34 PM
Response to Original message
3. Whoever received the 1.8 mil should have dreams
.
.
.



Printer Friendly | Permalink |  | Top
 
JI7 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-06-09 12:32 AM
Response to Original message
4. how did James Otis come to own those items ?
i didn't read the article so don't know if it's mentioned on there.
Printer Friendly | Permalink |  | Top
 
Vehl Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-06-09 01:26 AM
Response to Reply #4
5. i was wondering about it too

nope; the article does not mention it. probably its a case of someone selling his personal artifacts right after his death/when no on was watching.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sat May 04th 2024, 09:28 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC