Vertical Gold Rush: The 18th Century Land Deal That Still Stuns Today

According to surprising findings, the world's most expensive purchase is not in Hong Kong, Singapore, or New York - one of those topnotch global financial hubs. Instead, Fatehgarh Sahib, Punjab, India. This historic transaction had a long time ago, that was in the year 1705, when Diwan Todar Mal, a wealthy merchant who was also an ardent devotee of Guru Gobind Singh, acquired for a small patch of land an astronomical sum. This patch of land was measured at only 4 square meters, bought by 78,000 gold coins vertically stacked, which in present-day value equates to well over 30 million USD. The site, which had been sacred, is the place where the sons of Guru Gobind Singh were cremated, today known as Gurdwara Jyoti Saroop. The purchase is particularly extraordinary, as it underscores the deep historical and spiritual importance of this location to Sikh history.

 

Source: Punjab Heritage Times