Jewels of the Nizams of Hyderabad
…time. In 1995, the Indian government bought the jewels for ₹218 crore (about US$70 million) many years after the death of the last Nizam of Hyderabad, Mir Osman Ali Khan, in 1967. The government tried to buy the collection for a mere amount of $25 million. Fifteen years later, India's Supreme Court finally fixed a price…