Criminal Assets Bureau's Black Friday Bonanza: A Lavish Auction of Seized Luxury Goods

More than 130 luxury items, including a coveted Chinchilla coat and iconic Chanel handbags, are set to go under the hammer in an online auction hosted by the Criminal Assets Bureau (CAB). This highly anticipated event, commencing at 1 pm tomorrow, November 29th, and running until lunchtime on Monday, December 2nd, offers the public a unique opportunity to acquire high-end designer goods at potentially bargain prices. The auction is the second of its kind, following last year's successful event, which generated over €500,000 for the exchequer.

A Treasure Trove of Designer Items

This year’s auction boasts an even more impressive array of luxury goods, exceeding last year's haul of over 100 items. The collection includes an exquisite selection of coveted timepieces such as Rolex watches, with some models commanding prices between €4,000 and €28,000. These coveted timepieces will come complete with their original boxes and certification, enhancing their value and collectability. Other notable items include the highly sought-after Hermès and Gucci belts and shoes, soft cashmere scarves, and a striking ladies' Chinchilla coat. The auction also features a range of jewellery, encompassing an 18ct yellow gold diamond ring, a 9ct gold necklace, and a 9ct yellow gold bracelet.

High-End Handbags and Accessories

For those with a penchant for luxury handbags, the auction is a dream come true. A selection of Chanel and Louis Vuitton handbags and passport covers are available, alongside pairs of Christian Louboutin and Jimmy Choo shoes. Adding a touch of the unusual, the collection also includes collectible bank notes that are no longer in circulation, a Swarovski crystal bottle stopper, and a rather unique Louis Vuitton Egg case. Even a Burberry ‘Hugo the Lobster’ key ring is up for grabs!

From Rolex to Louboutins: A Closer Look at the Auction Highlights

The sheer range of luxury brands represented in the auction is staggering. From iconic names like Rolex and Chanel to high-fashion brands like Hermès, Gucci, Jimmy Choo, Manolo Blahnik, and Christian Louboutin, the selection presents an unparalleled opportunity for discerning shoppers. The auction catalogue features a diverse array of items, including:

An extensive collection of handbags from Hermès, Chanel, Louis Vuitton, and Saint Laurent.
A wide selection of timepieces from Rolex (Submariners, Daytonas, Datejusts, and Day-Dates), and Breitling.
Designer footwear from Christian Louboutin, Gucci, Jimmy Choo, and Valentino Garavani.
A variety of accessories, including belts, scarves, and jewellery.
Unique items like collectible bank notes and the Louis Vuitton Egg Case.

The auction catalog also mentions items seized from individuals connected to criminal activities, including high-profile figures from organized crime.

How to Participate: Register and Bid

The auction is being handled by Wilsons Auctioneers at their Kingswood, Dublin premises. Bidding will take place online only, and interested parties must register with Wilsons Auctions and submit a €1,000 deposit before participating. Viewing of the items is strictly by pre-booked appointment only, giving potential bidders an opportunity to inspect their chosen items before placing bids. The auction opens at 1 pm on Friday, November 29th and runs until 1 pm on Monday, December 2nd. All proceeds from the sale will be added to the national exchequer.

Accessing the Auction

To participate in the auction, potential bidders must register on the Wilsons Auctions website. The online catalogue showcases the entire collection, allowing prospective buyers to thoroughly research their desired items before bidding commences.

The CAB's Commitment to Combating Crime

This auction underscores the Criminal Assets Bureau's ongoing commitment to seizing and liquidating the assets obtained through criminal activities. This initiative serves as a powerful deterrent to criminal behavior, demonstrating the Bureau's dedication to using every available legal avenue to combat financial crime in Ireland. The previous year's auction, featuring more than 100 items, achieved a remarkable turnover of almost €500,000, signifying its impact in recovering the proceeds of criminal activities and enhancing public confidence in law enforcement. The proceeds are reinvested into the state, directly benefiting the broader public.

A Piece of CAB History: A Collector's Dream

For those interested in acquiring a unique piece of history or a luxury item from a surprising source, this auction is undoubtedly a remarkable opportunity. It's a chance to own something with an unconventional story, knowing that your purchase directly contributes to combating crime and strengthening the community. The auction’s success is a testament to the CAB’s effective strategy to curtail financial crimes. The funds generated significantly contribute to strengthening law enforcement. Remember, the online auction starts at 1 pm on November 29th and ends on December 2nd. Don't miss out on this unparalleled opportunity!