Confiscated Diamonds on the Cheap - US Treasury Auction
Filed under: Accessories, Fashion, Designers & Brands
Wow, we knew the US Treasury was hurting for cash after all those bailouts rescue loan package things ... but who'd have thought that they'd start hocking all their jewelry just to make payments on the national debt? After sending all of their gold jewelry to Cash4Gold, it looks like the Treasury will be selling off over 600 of their favorite diamonds in a two-day auction Wednesday and Thursday. BTW, we're kidding about that Cash4Gold thing. We think.We're not sure how "ethical" these gems are in terms of how they were initially mined, exported, etc., but you can at least take comfort in the fact that these rocks weren't stripped out of repo'd wedding jewelry and family heirlooms. Nope, you can thank your federal law enforcement officials for these bargain basement jewels. They were apparently confiscated in a suspected international money laundering scheme.
Not that many of us are in the market for wholesale diamonds, even at rock bottom auction prices, but this could be a rare chance to score some semi-precious stones on the cheap. Think about the possibilities ... your own diamond-studded Rolex, a blinged out iPod , or maybe a new grill. You can check out a preview of what's up on the block here.
[via NYMag]












timothy281 4-06-2009 @ 5:01PM
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timothy281 4-06-2009 @ 3:36PM
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timothy281 4-06-2009 @ 3:38PM
Wow..great! I was amazed of what had saw. It is very elegant yet beautiful jewelry.. I love to buy that for my wife...LOL...But it is more adorable if you use it wearing a jacket. Because they looks more fashionable and stylish, especially when you buy a jacket on the [URL="http://www.itsbeach.com"]wholesale jackets [/URL]website where you can choose from a wide variety of different styles of jackets that is suited in your taste.
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rolex replica 6-03-2009 @ 11:46AM
The Rolex Date is 34mm like the Air-King, but it obviously includes a date function. IIts production began in the late 1950s around the time the steel Datejust was introduced. Retails range from $5,250 with a smooth bezel and Oyster bracelet to $7,000 with an 18K white gold fluted bezel and diamond markers, to $15,050 for 18K Yellow gold on a jubilee bracelet. The date model was once offered in 3 flavors: steel, 18k yellow & steel, and all 18k yellow gold. It is now only available in steel or solid yellow gold.
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watchgy 6-03-2009 @ 11:48AM
The Datejust is the best selling Rolex model on the market, and has been for decades. It was first introduced in 1945. The gents model is 36mm in diameter and typically came on a Jubilee bracelet. Rolex seems to have changed their tradition on this, and is sending more Datejust models out the door with the Oyster band. Models with smooth bezels exist, but are more scarce. Most have the fluted bezel, which is 18k white gold on the steel model.
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