A Patek Philippe Nautilus in its original sealed box is set to top the lots at the upcoming John Pye luxury auction.
It joins more than half a million pounds worth of seized luxury assets, including other timepieces from Rolex and Omega to Louis Vuitton weekender luggage and Montblanc stationary.
John Pye Auctions is managing the sale of high value assets on behalf of proceeds of crime government enforcement and asset seizure, offering the chance for the public to purchase high end luxury items at a significantly reduced price.
The collection, which is now live on the auction platform, and will end on October 22 at 12:00pm GMT.
The star lots include the aforementioned Patek Philippe Nautilus in original sealed box which is due to sell for more than £55,000 ($72,400).
A Jacob & Co Quentin Vertical Tourbillion is expected to go for more than £40,000 ($52,600) while another Patek Philippe Complications Chronography could fetch more than £31,000 ($40,800).
A Rolex GMT-Master will also be sought after.
Adam Pye, managing director at John Pye Auctions, said: “This is the second proceeds of crime auction we’ve held since lockdown and they offer a savvy shopper or collector the opportunity to obtain some rare pieces at reduced cost.
“Within this collection, it’s the timepieces that really set it apart. From Patek Philippe to Rolex, Omega, and IWC, this auction has some unbelievable items for a collector of watches. However, it also includes some fantastic one-off pieces including a monogrammed Louis Vuitton diplomat briefcase, a selection of Lecia cameras, and a wide array of Madame Owl bejewelled pendants.”
He added: “The auction is due to close on Thursday 22 October, so we’d recommend taking a look and making your bids sooner rather than later. Our final viewing opportunity on Wednesday 21 October is also worth attending as it really showcases this fantastic collection.”
To find out more about the collection or to place a bid, please click HERE.