The Criminal Assets Bureau are selling off a luxury Rolex watch, which is fully certified and still in its box, on the online auction site eBay.
The watch was seized from a criminal in Limerick who had bought the expensive jewellery as a Christmas present for his girlfriend, it is understood.
This is the first time items seized by CAB have gone on sale in this fashion and a spokesperson told the Irish Independent this sale was being treated as an experiment.
“This hasn’t been done before so you could call it an experiment alright, I suppose. Based on how successful this sale goes, more possessions seized by the Criminal Assets Bureau could be going on sale in this way.”
The item, which is being sold under the eBay username of ‘proceedsofcrimeact1996’, is on sale following “an application under the Proceeds of Crime Act, 1997 & 2005 and is (on) sale by the Court appointed Receiver”, according to the online advertisement.
“Ladies Rolex Perpetual Datejust with original box and documentation. Watch was purchased at Christmas 2011 and is accompanied with the benefit of a 24 month jewellers watch guarantee (Keane’s of Cork, Limerick, and Killarney).”
The public have until the evening of Friday October 18 to make a bid for the stainless steel piece with bidding starting at €6,000.
Postage will cost the highest bidder €30.
By Sam Griffin