A £160,000 Audemars Piguet watch to be auctioned with no reserve!

Drugs criminal’s high-value ill-gotten gain and other seized goods to be sold at Wilsons Auctions on Thursday 31st October!

A stunningly unique Audemars Piguet Royal Oak Offshore watch, that would cost £160,000 new, is going under the hammer during Wilsons Auctions Unreserved Government Auction having been seized by West Yorkshire Police from a drugs criminal.

The 18ct pink gold watch boasts hand stitched crocodile leather strap with diamond pave bezel will be going under the hammer on Thursday 31st October from 6pm alongside other luxury goods that have been seized under the Proceeds of Crime Act.

The auction will also feature Rolex, Breitling, Cartier and Tag Heuer watches, including a highly sought-after Rolex ‘Hulk’ Submariner, designer goods from Louis Vuitton, Canada Goose, Balenciaga, Christian Louboutin and Guiseppe Zanotti as well as approximately 30 Lots of gold, diamond, sapphire and ruby jewellery. All items have no reserve and will go the highest bidder at the fall of the hammer.

All Lots are unreserved and with the auction available to both physical and online bidders, it will appeal to a wide audience and highlight the range of assets Wilsons Auctions specialises in realising on behalf of its government and law enforcement clients.

In addition, the auction will include a Government Property Auction which will see international property going to auction including a stone built, two-storey mews house with roof terrace located in Orebic, Croatia with a guide price of £90,000. An unreserved lot of land located in Newfoundland, Canada will also go under the hammer offering investors a development opportunity, subject to planning permission, with a guide price of £50,000.

Wilsons Auctions’ Government Sales Coordinator, Michael Streight said, “Our upcoming Unreserved Government Auction is set to be a real head-turner for watch enthusiasts. Not only do we have a selection of some of the biggest watch brands in the world but we have a unique £160,000 Audemars Piguet Royal Oak Offshore watch as well as a Rolex ‘Hulk’ Submariner and not to mention some stunning gold and diamond jewellery as well as the ever popular designer goods.

“With all items going under the hammer with no reserve, this is a great opportunity to purchase quality goods for an affordable price as all items will be sold to the highest bidder at the fall of the gavel, with reserve requirements on the land and property only. Wilsons Auctions is proud of the role it takes in realising these seized assets, having been responsible in returning over £100 million back into the public purse, ultimately going back to the victims of crimes or into local community initiatives,” he added.

Wilsons Auctions is a leading auction company with over 80 years of experience building skilled knowledge in an extensive variety of assets. The Asset Recovery Department works with 17 countries worldwide realising assets from cryptocurrency to supercars, luxury watches and designer goods and in recent years has realised over £100 million worth of seized assets for government agencies, law enforcement agencies and insolvency practitioners.

Physical viewing of Lots in the Unreserved Government Auction will take place at Wilsons Auctions’ Belfast branch on Thursday 31st October from 1pm – 5pm. Specific Land & Property viewing dates can be found on the Wilsons Auctions website.

For full details on all Lots or to register Click Here or to keep up to date with Wilsons Auctions follow on Facebook @wilsonsauctionsltd or go to @wilsonsauctions on Twitter and Instagram.

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