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Tipu Sultan's sword sells for more than $17 million

11:31 PM | 26 May, 2023
Tipu Sultan's sword sells for more than $17 million
Source: Bonham/File Photo

Bedchamber sword of Tipu Sultan, an 18th century Muslim king of India known for his leadership and barvery, was sold at an auction in London for £14 million ($17.4 million).

According to a statement from auction house Bonhams, the sword sold at the auction on Tuesday at a price seven times higher than its estimated purchase cost, broke the previous record of an Indian and Islamic piece.

Nima Sagharchi, group head of Islamic and Indian art at Bonhams, said in the statement that the sword "has an extraordinary history, an astonishing provenance, and unrivalled craftsmanship."

"It was expected that it would be so fiercely disputed between two phone bidders and a bidder present. We are thrilled with the outcome," he continued.

Tipu Sultan controlled the kingdom of Mysore in southern India from 1782 and 1799, receiving the nickname "Tiger of Mysore" for the ferocity with which he upheld his domain.

He invented the use of rocket artillery in battle and made Mysore the most vibrant city in India.

On May 4, 1799, British troops attacked Seringapatam (now Srirangapatna), the capital of Tipu's kingdom and killed him.

Daily Pakistan Global Web Desk

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 28 Feb 2024

Pakistani currency remains momentum against US dollar in the open market on February 28, 2024 (Wednesday).

US Dollar rate in Pakistan

In the open market, the US dollar moves up and currently hovers at 282 for buying and 282.25 for selling.

Euro currently stands at 303.1 for buying and 306.1 for selling while British Pound rate stands at 351.6 for buying, and 355.1 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.25.

Today’s currency exchange rates in Pakistan - 28 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 282 282.25
Euro EUR 303.1 306.1
UK Pound Sterling GBP 351.6 355.1
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.25 75.05
Australian Dollar AUD 181.1 183.1
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207.1 209.1
China Yuan CNY 38.87 39.27
Danish Krone DKK 40.61 41
Hong Kong Dollar HKD 35.75 36.1
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.5 59.1
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.41 26.71
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207.15 209.15
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91

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