Asked whether it would take a particular stand on future auction of Gandhi items and hold consultations with the government, Sotheby's worldwide head of sales publicity Matthew Weigman told PTI, "While Sotheby's wouldn't respond to speculative questions, we can tell you we would consider a range of factors when taking a decision."
The sale of memorabilia related to the Father of the Nation had generated a lot of controversy in the past few years with opposition from several quarters to the auction.
Last year, Gandhi's prized documents on his controversial relationship with architect Hermann Kallenbach were bought by India for a whopping USD 1.28 million after signing a contract with Sotheby's.
In 2009, industrialist Vijay Mallya bought several Gandhi memorabilia, including his iconic metal-rimmed glasses, from Antiquorum Auctioneers.
Meanwhile, the London-based auction house is optimistic about its prospects in India.
"We are very positive about the art market in India. We see it as a great area of investment," Yamini Mehta, senior director, Sotheby's international head of modern and contemporary south Asian Art, said.
Several top officials of the auction house, including Mehta and Robin Woodhead, chairman of Sotheby's International, were in the national capital for a preview of its 'Amaya Collection', coinciding with the launch of the book 'India Fantastique'.