CAB: Designer watches, bags and even gold bars up for grabs at auction

Luxury goods worth over €500,000 seized from criminals by the Criminal Assets Bureau are going under the hammer at auction today.

The auction has over 100 seized items with an extensive range of popular watches among it.

The list includes various Rolex Submariners, Rolex Datejusts, an 18-carat Gold Cartier Santos 100, a Breitling Navitimer, a Tag Heuer Ladies Formula 1 as well as brands including Gucci and Raymond Weil.

For those with a taste for fine jewellery, the auction has numerous diamond rings, a 14-carat white gold necklace, 14-carat white gold bracelets, diamond earrings and a 18-carat gold Cartier ‘Love’ bracelet.

A selection of Chanel and Louis Vuitton handbags are among the other designer items on offer – including a Moncler Two-Tone Harry Giubbotto Jacket, and a Canada Goose Langford Parka Heritage Jacket.

To complete their outfit, bidders can get their hands on Louis Vuitton sunglasses and belts.

Gold bars are also listed amongst the luxury and designer items, available to bidders in one-ounce packages.

The auction opens today at 1pm and registered bidders will have a window to bid online before the auction closes on Monday December 4th.

Bidding is open to the public and will be online only.

Wilsons Auctions Director Ricky Wilson said the timing is perfect so close to Christmas.

“We are delighted to be managing the sale for CAB. Wilsons Auctions is well-known for dealing with seized goods,” he said.

“All the money raised from this auction will be paid directly back into the State.

“This is an ideal opportunity for bidders to get their hands on Christmas gifts,” he added.

Interested bidders can view the full auction catalogue and register to bid online.

All  items are fully authenticated and the net proceeds of the auction will be returned to the Exchequer.

Main image: Wilsons Auctions

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