Wales

Newport criminal goods auction raises £150,000

A black Ferrari Image copyright Wilsons Auctions
Image caption This Ferrari 360 Modena was seized in Malta in relation to drug trafficking offences

Dozens of items seized from convicted criminals, including a Ferrari and a house in France, have been sold for a total of £150,000 at an auction.

The luxury goods, worth more than £2.3m, were sold with no reserve at Wilsons Auctions in Newport.

The highest selling items were a house in Grimsby, which raised £34,000 and a Ferrari 360 Modena, linked to drug offences in Malta, which made £33,000.

Aidan Larkin, of Wilsons Auctions, said the goods had "a new lease of life".

Image copyright Wilsons Auctions
Image caption This Rolex - worth almost £30,000 - sold for £20,000 at auction

The auction took place in Newport on 14 August, with an online auction finishing on Tuesday.

Alongside the house and the Ferrari, other high-selling items were a rose gold Rolex Daytona, which sold for £20,000 in the online auction and a French property called La Limousiniere in La Chataigneraie, which met its guide price of £20,000.

Highest selling items

  • Ferrari 360 Modena - £34,000
  • 11 Ludford Street, Grimsby - £34,000
  • 18ct rose gold Rolex Daytona - £20,000
  • La Limousiniere, France - £20,000
  • 14ct white gold diamond solitaire ring - £1,800
  • Christian Louboutin trainers - £1,075
Image copyright Wilsons Auctions
Image caption Several pairs of shoes, worth hundreds of pounds each, were sold at the auction

Many of the items sold were seized by Gloucestershire Constabulary, which will receive £33,000 from the auction.

Aidan Larkin, asset recovery director for Wilsons Auctions, said: "This is a great result which allows us to give these criminal's seized assets a new lease of life.

"The interesting back story captured the attention of the media which resulted in worldwide coverage and registrations from worldwide bidders."

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