This one of a kind Essay appeared in an auction by David Feldman SA - on October 2-6, 2008 Auction. Lot# 60051. I would be curious to know how much it sold for.
INDIA - 1950 Unique Handpainted gandhi Essay 1950 Inauguration of the Republic issue, 4a Blue hand-painted essay on card, beleived to be the unique essay with a gandhi design created by De La Rue, illustrated on front cover of a Robson Lowe 1979 auction catalogue Estimate: €8'000 - €12'000
If anyone has any historic information or story about this Essay, please do share. Again this is Archival Material.
I don't think this item adds any value to one's collection. However, it is a must have if you have the kind of money it commands. As long as the auction houses exist on this planet, recovery of investment is also gauranteed. It probably will never see the light of the day and will remains in the confines of someone's fireproof safe.
What a waste!!!!
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