Bernard Madoff’s Watch Collection Catches Quite A Bit At Auction

Bernard Madoff’s Watch Collection Catches Quite A Bit At Auction
Convicted fraudster Bernard Madoff’s possessions were auctioned off by the United States Marshal Service after he was sentenced to life in prison last year by a judge. Proceeds from the auction will go to pay off the victims of the Ponzi scheme fraud that Madoff was convicted of running which led to his prison sentence.
Part of Bernard Madoff’s watch collection was sold in the last auction held by the US Marshalls Service. This auction a Rolex Moonphase watch sold for sixty seven thousand five hundred US dollars. His Rolex Cosmograph Daytona fetched forty thousand dollars and a couple of Patek Philippe vintage watches collected fifty six thousand dollars and thirty seven thousand five hundred dollars respectively. A custom Tiffany Mantle clock also received a winning bid of nine thousand two hundred fity dollars.
Other items auctioned off include a Tabriz rug, A Tuscan landscape by Henry Twatchman and artist of the nineteenth century and an oil painting by American Impressionist Frederick Carl Frieseke . More interesting items auctioned off include Madoff’s shoes, slippers, socks and underpants.
Madoff is seventy two and is currently serving a life sentence in North Carolina, United States.

Watch Auction for a Cause in New York

If you are someone who often spends, or is thinking about spending
a lot of money on an expensive wrist watch, then before you splash out why not consider buying your luxury watch and help a good cause at the same time.
If that sounds good to you then mark October 20 in your calendar
for the Multiple Sclerosis Auction to be held at the Antiquorum in New
York City.

The National Multiple Sclerosis Society has organized a watch and
jewellery auction to raise funds for research and sufferers of this cripling disease. The organization and the events aim is for a world free of multiple sclerosis.
The Antiquorum Auctioneers is a great venue for watch enthusiasts with a wide array of vintage and antique timepieces being sold at auction. A portion of the sales goes to the organization for their various missions and events. Antiquorum is also
involved in the charity auction by donating the auction space for the event.

You can register and view the auction catalogue at Antiquorum’s
official website at Antiquorum.com. The event will also have a live,
real-time bidding on the Internet via the same website. Some of the
prime watches up for auction will be from top names in the watch and
jewelry industry such as Cartier, Hublot, Carrera Y Carrera, and
Audemars Piguet, among many others.