Another Madoff Auction, Just In Time For Christmas

Oct 29 2010 | 4:02pm ET

Mark your calendars folks, it's time for yet another auction of Ruth and Bernard Madoff's loot. The U.S. Marshals announced today that they will be auctioning off more than 400 articles of jewelry, furniture, antiques and other personal property once belonging to the Ponzi-master and his wife.

The auction will take place Saturday, November 13 at the Sheraton New York Hotel & Towers on 7th Avenue in Manhattan.

For you lookie-lookers, note that items being auctioned will not be on display at the auction site and can only be viewed at the Brooklyn Navy Yard on the preview day—which is Nov. 12—or on the Web.

Here is a small sample of a few items you could pick up...and just in time for Christmas, to boot!

 - Leather bull foot stool; tail needs to be re-attached

 - George III Inlaid Mahogany and Satinwood Tester Bed with intense sun fading, early 19th century, full size, missing original headboard 

 - Diamond Ring: One ladies diamond engagement ring with one emerald cut diamond weighing 10.54 cts.

 - Steinway and Sons grand piano with bench

 - Slippers: 1 pair black velveteen slippers, size 8½, red quilted lining, “BLM” embroidered with gold thread.

 - "Bernard L. Madoff, Investment Securities" lot of 4 tote bags

 - Framed political cartoon with handwritten message

 - 18 pairs of men's Belgian shoes, Mr. Casual style, size 9W

Madoff, the mastermind of what is thought to be the largest Ponzi scheme in history, is serving a 150 year sentence in prison, the maximum allowable under law.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of