French National Directorate of State Property Management and Customs Launch Exceptional Auction
On December 4, 2024, the French National Directorate of State Property Management (“DINID”) and the French Customs launched an exceptional auction of seized goods. The auction offers a wide range of items, including luxury goods, electronics, jewelry, and vehicles.
Notable Items in the Auction
Among the most notable items up for auction are:
- A Lamborghini Aventador SVJ
- A Ferrari 488 Pista
- A Porsche 911 Turbo S
- A Rolex Oyster Perpetual Submariner Ref. 116610LV
- A Patek Philippe Nautilus Ref. 5711/1A
- A Louis Vuitton Keepall Bandoulière 55 Monogram Canvas
- A Hermès Birkin 30 Noir Epsom Gold Hardware
Bidding Process
The auction will be conducted online through the website of French auction house Aguttes. Bids can be placed from December 4 to December 12, 2024.
Interested bidders must register on the Aguttes website and provide proof of identity and financial solvency. A deposit is required for all bids.
Estimated Proceeds
The DINID and French Customs estimate that the auction could generate several million euros in proceeds. These funds will be used to finance the fight against fraud and support social action programs.
Background
The seized goods in the auction were confiscated from individuals involved in smuggling, counterfeit trade, or other illegal activities. The sale of these goods is a key element of the government’s efforts to combat illicit trade and recover stolen assets.
Additional Information
- The auction catalog can be viewed on the Aguttes website.
- The public can view the items in person on December 9 and 10 at the Aguttes auction house in Neuilly-sur-Seine, France.
- The winning bidders will be notified after the auction closes on December 12.
The exceptional auction organized by the DINID and the French Customs provides a unique opportunity for collectors, luxury enthusiasts, and investors to acquire rare and sought-after items while supporting the fight against fraud and illicit trade.
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