The Jewelry Insider

March 12, 2009

Mahatma Gandhi’s pocket watch and personal belongings were auctioned last
week to eager bidders who hoped to own an important piece of history.

The notable lot was part of the Antiquorum Auctioneers sale of Important
Collectors’ Wristwatches, Pocket Watches & Clocks, and the event took in
$8.7 million from bidders worldwide.

Gandhi’s pocket watch, sandals, glasses, bowl, and thali were sold for $2.096 million to
what the auction house described as a “prominent Indian businessman who intends
to bring the items back to India for permanent public display.”

“Despite continued global economic concern, we have achieved tremendous
results for our first auction of 2009,” said Evan Zimmermann, Antiquorum
president and chief executive officer.

“Antiquorum is pleased that the objects attributed to Mahatma Gandhi, one of
the greatest spiritual and political leaders of the 20th-century, will be
returning to India,” added Robert Maron, Antiquorum chairman. “We know that this
was the hope of the Indian people, as well as many others around the world.”

A watch belonging to both U.S. president John F. Kennedy and Greek shipping magnate,
Aristotle Onassis – Jacqueline Kennedy’s second husband – sold for $120,000.
Known as the “Kennedy Onassis” watch, it is the only known item connecting
Jackie O and her two famous husbands.

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