The Bernie Madoff Premium?

The recent Bernie Madoff auction included several jewelry items, including these diamond earrings. Most of the jewelry was apparently purchased by a St. Louis millionaire.  But as Gawker says:

Many of the bidders were jewelry dealers and other auction veterans. Outside the ballroom, I overheard them discussing the theory that the Madoff items would fetch a premium because of their association with the disgraced financier.

 

Now that’s interesting – people are always looking for ways to make their jewelry stand apart, but a Bernie Madoff premium? Perhaps as part of a “Jewelry of the infamous” collection. Maybe with Imelda Marcos.

JCK News Director