Jewels seized from criminals auctioned off in Las Vegas
Jewelry seized across the country by federal law enforcement agencies was up for grabs in an auction on Saturday at the Las Vegas Convention Center.Photo: Video by ktnv.com
Las Vegas, NV (KTNV) -- Jewelry seized across the country by federal law enforcement agencies was up for grabs in an auction on Saturday at the Las Vegas Convention Center.
The U.S. Marshals Service auctioned off pieces including Rolex watches and stunning diamonds. There were also more unconventional pieces, such as a gold Monopoly man pendant, encrusted with diamonds, which was going for roughly $17,000 to $20,000.
"If a federal seizure occurred, like a DEA, FBI, ATF, then it could be on this table," said Jason Martinez with the U.S. Marshals Service.
Martinez said they have about $2.5 million worth of inventory seized from all across the country.
In attendance were wholesale dealers and Las Vegas residents looking for extra flare.
Joseph Sy was shopping for his son's 13th birthday present, "He was jokingly asking for a Rolex so I thought, 'We'll give him a surprise today.'"
Sy walked out with a nearly $7,000 Rolex watch.
The auction was also accessible online through a simulcast system. Bidders from as far away as Italy took part in the event.
All the money generated from the auction goes straight to helping crime victims and law enforcement programs.