He claimed to have it sold to Jinnah super’s Gol market small vendor; not even to Hanif Jewellers. Also, so what was the evaluation?
- How much did the watch sell for and where did Umar Farooq get this watch from?
Farah Gogi was asking for 5 million dollars, but finally, after negotiation sold for 2 million USD. It could have been sold at any big auction for more than 50 million dollars. The price of the watch was 2 million dollars, which would have been 28 million rupees in Pakistani currency according to the dollar rate of that time.
This leads to the next question.
- Instead of 44 crores, why did the sale show at 2 crore rupees?
Khan is said to have paid 2 crores to the state and Farah sold it for 2 million dollars. Today just this watch is worth 12 Million USD and 10 million dollars according to Graff PDF catalog. Not a good negotiator Farah.