Madoff Property Auction

From an elegant diamond ring to a 1960 Hofstra class ring. A rare Rolex "Monoblocco" watch to a personalized New York Mets jacket. Luxurious furs to fishing rods. Bernard and Ruth Madoff's personal possessions, seized by the Feds earlier this year, will be auctioned this weekend.Proceeds from the sale will be set aside for victims of Madoff's Ponzi scheme, which unraveled nearly one year ago. Some 200 items up for bid include more than 40 watches, along with numerous bracelets, earrings, cufflinks, rings, and fur coats, all symbols of the extravagant lifestyle led by the Madoff's until Bernard's arrest in December 2008. Other, more mundane and frivolous items include wooden decoy ducks, customized stationary, pens, and Post-it notes, and two mementoes from Madoff's love of the seas: a buoy labeled "Bullship NY" and an original mixed media drawing of his boat, titled "Bull", commissioned by a captain and handsigned by artist Sherry Fink Muhs. Gaston & Sheehan Auctioneers is running the auction for the U.S. Marshal's service. You can bid online by registering through the auction company's website by Thursday, November 12 or attend the live auction Saturday, November 14, at the New York Sheraton Hotel and Towers. Posted 10 Nov 2009

U.S. Marshals A professionally restored vintage Rolex watch with a black dial, white numbers and black alligator strap.

U.S. Marshals A platinum Edwardian-era diamond and emerald link bracelet.

U.S. Marshals This set comes with a leather golf bag embroidered with the name South Fork Country Club, 28 used golf balls, a couple of golf clubs and three green and black crocheted head covers.

U.S. Marshals Silver pre-Victorian era pear cut diamond dangle earrings.

U.S. Marshals A white rescue ring bouy with the words "Bullship N.Y." hand painted on the front.

U.S. Marshals A 123-inch strand necklace of Baroque Akoya pearls and white plated rhinestone loop costume earrings.

U.S. Marshals Two sets of cufflinks. On the left, an 18-karat gold pair with mother-of-pearl and blue sapphires. On the right, 14-karat white gold blue stat sapphire and diamond cufflinks.

U.S. Marshals Men’s 18-karat gold vintage “Monoblocco” Rolex watch with a dark brown alligator strap.

U.S. Marshals A Bill Blass brown mink coat.

U.S. Marshals Three wood primitive Indian mask sculptures.

U.S. Marshals A black and white wooden decoy duck.

U.S. Marshals This black crocodile hand bag, made by purse maker Zagliani, has a suede and silk lined interior.

U.S. Marshals Three boogie boards with "Madoff" written in black marker.

U.S. Marshals An oval shaped wood yard sign with "BLM" and "216" written in black.

U.S. Marshals White paper stationary with Bernie Madoff's New York City address printed on the envelopes.

U.S. Marshals Bernie Madoff's Hofstra College class ring from 1960.

U.S. Marshals Set of Christofle flatware engraved with "RMB." In all, there are 178 total pieces.

U.S. Marshals This 18-karat white gold Judith Ripka ring features diamonds and a pink tourmaline.

U.S. Marshals An original ink and pencil drawing of "Bull," Bernard Madoff's boat, signed by Sherry Frink Muhs.Related:Gaston & Sheehan AuctioneersMichael Jackson's Life & Career, the Auction

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