Friday, June 26, 2026
41.8 C
New Delhi

Rolex, gold jewellery, silver daggers: MEA auctions 300 Toshakhana gifts to public

Rolex, gold jewellery, silver daggers: MEA auctions 300 Toshakhana gifts to public

MEA auctions gifts received by dignitaries to public for the first time

NEW DELHI: The Ministry of External Affairs has opened its Toshakhana collection to the public for the first time, auctioning around 300 gifts received by senior officials during international trips, with items ranging from Rolex watches to silver daggers and gold biscuits.The auction, which kicked off on June 8 and will conclude on June 30, features exotic presents and souvenirs collected by ministry officials, including the Foreign Secretary, over the years. Prices range between approximately Rs 3000 and Rs 19 lakhs.

Toshakhana

Rolex Yacht Master II

Among the most sought-after items are two Rolex Yacht Master II watches with a starting price of Rs 16.5 lakh, which have garnered more than a dozen bids. An antique silver box from the 1980s, designed as a high-end cigar or cigarette container, has received 29 bids, with the highest exceeding Rs 52,000 against a base price of Rs 12,030.A decorative silver box flanked by two gold-plated dragons, containing a 20-gram fine gold biscuit from Swiss brand Argor Heraeus, has a starting price of Rs 3.92 lakh and has received eight bids so far. However, multiple items like an Apple Macbook Pro, and a gold jewellery set from Kuwait by Al Arbash, have not received any bids.

What is Toshakhana?

The term Toshakhana originates from the Mughal era, where princes stored “gifts and emblems of honour” received for their posterity. It translates to “treasure house” in Persian.Under British colonial rule, East India Company officials were not allowed to accept diplomatic gifts, known as khilat, from Indian or Middle Eastern rulers. When required, officials deposited such gifts in the company’s treasury for later use in exchange with other rulers.In modern India, all gifts received by the Prime Minister and other officials from overseas must be deposited in the Toshakhana for evaluation. As per a June 1978 gazette notification, every gift received during an official visit must be deposited within 30 days of return.Indian rules allow recipients to keep gifts valued below Rs 5,000. Those valued above are evaluated to allow purchase by the recipient on payment of the difference. The rest are auctioned.An amendment allows IAS, IPS and IFS officers to retain gifts received from foreign dignitaries while being members of the Indian delegation. However, they must declare them if they are worth more than Rs 25,000.

A first-of-its-kind auction

This is the first time Toshakhana items have been made available to the general public. The last auction, held in 1983, was open only to government employees at the MEA headquarters.Officials said the auction is being conducted in compliance with revised Toshakhana Rules, 2024. The proceeds will go to the Consolidated Fund of India.

Toshakhana

First of its kind auction

The items offered are primarily heritage, souvenir, decorative, collectible or ceremonial items, and may not be intended for functional, commercial or operational use.While no item received by any political functionary has been selected this time, the ministry is planning the next round of auction, wherein presents received by consecutive External Affairs Ministers will also be added. Go to Source

Hot this week

Health Insurance Premium Rising Despite No Claims? Here’s Why Your Renewal Costs More

Show Quick Read Key points generated by AI, verified by newsroom Deductibles, super top-ups, portability options can help manage costs. Read More

Financial Rule Changes From July 1: EPFO, ITR, Credit Cards, LPG Prices And More

Show Quick Read Key points generated by AI, verified by newsroom Dearness Allowance review and crucial TDS deadline approach. Read More

Bumble’s Future In Focus As Dating App Explores Possible Sale: Report

Show Quick Read Key points generated by AI, verified by newsroom Competition, user fatigue challenge Bumble’s women-first brand. Read More

SS Rajamouli shares major update on Mahesh Babu, Priyanka’s ‘Varanasi’; IMAX action schedule wrapped

SS Rajamouli shares major update on Mahesh Babu and Priyanka Chopra’s ‘Varanasi’; IMAX action schedule wrapped SS Rajamouli has offered an exciting production update on his much-awaited action-adventure ‘Varan Read More

Google Finance Is Back After 10 Years To Help Sort Out Your Portfolio

Show Quick Read Key points generated by AI, verified by newsroom Google Finance launches AI-powered redesign with portfolio tracking. New tools offer conversational research and custom briefings. Read More

Topics

Health Insurance Premium Rising Despite No Claims? Here’s Why Your Renewal Costs More

Show Quick Read Key points generated by AI, verified by newsroom Deductibles, super top-ups, portability options can help manage costs. Read More

Financial Rule Changes From July 1: EPFO, ITR, Credit Cards, LPG Prices And More

Show Quick Read Key points generated by AI, verified by newsroom Dearness Allowance review and crucial TDS deadline approach. Read More

Bumble’s Future In Focus As Dating App Explores Possible Sale: Report

Show Quick Read Key points generated by AI, verified by newsroom Competition, user fatigue challenge Bumble’s women-first brand. Read More

SS Rajamouli shares major update on Mahesh Babu, Priyanka’s ‘Varanasi’; IMAX action schedule wrapped

SS Rajamouli shares major update on Mahesh Babu and Priyanka Chopra’s ‘Varanasi’; IMAX action schedule wrapped SS Rajamouli has offered an exciting production update on his much-awaited action-adventure ‘Varan Read More

Google Finance Is Back After 10 Years To Help Sort Out Your Portfolio

Show Quick Read Key points generated by AI, verified by newsroom Google Finance launches AI-powered redesign with portfolio tracking. New tools offer conversational research and custom briefings. Read More

82-Year-Old Woman, Child Pulled Alive From Rubble After Venezuela Earthquake

Show Quick Read Key points generated by AI, verified by newsroom Venezuelan earthquake rescue operations continue; death toll reaches 235. Rescuers saved a Chinese woman, a puppy, inspiring hope. Read More

King Charles III To Remain At Clarence House After £369M Buckingham Palace Renovation Ends Next Year

Show Quick Read Key points generated by AI, verified by newsroom King Charles will not reside at Buckingham Palace post-renovation. Palace renovation concludes next year, costing £369 million. King Charles voluntarily declared £12. Read More

Ram Temple Row: SIT Rejects Viral ‘Silver Bricks’ Claim, CM Yogi Says ‘Don’t Cast Aspersions On Ayodhya’

Uttar Pradesh Chief Minister Yogi Adityanath on Friday defended the state government’s handling of an alleged embezzlement of donations at the Ram temple, saying a Special Investigation Team (SIT) was constituted immediately after the allegati Read More

Related Articles