Hess Fine Art Tapped to Liquidate Last of Scott Rothsteins Ponzi-Bought Jewelry, Diamonds & Watches
Two diamond solitaires, over 10 carats each, along with a 550k Zenith Tourbillon watch and a host of other over the top luxury diamonds, Rolexes and other baubles to be sold by noted St. Petersburg Florida Luxury liquidators Hess Fine Art by court order.
SAINT PETERSBURG, Fla., Dec. 15, 2015 /PRNewswire/ -- When Scott Rothstein was disbarred in Fort Lauderdale as the leader of the third largest Ponzi scheme in America, (reportedly a whopping $1.2 billion Ponzi scheme) the courts liquidated most of his ill-gotten gains quickly. His wife, Kim, (they are now divorced) allegedly hid a few million dollars of baubles and these last few recently uncovered, incredible luxurious items are now available to qualified buyers.
Hess Fine Art, noted Art, Antiques and Luxury goods liquidators have been tapped to sell these items that include a 12.08 carat Canary diamond ring, a half million dollar retail Zenith watch, incredible sapphire and colored stone bracelets, earrings and necklaces.
Jeffrey P. Hess notes that the details are in the process of being set in stone, but likely some items will be sold abroad, some into the trade and some to investors or collectors and many of the 31 Rothstein treasures will likely be sold at on-line auction held by Hess Fine Art.
Katrina M Hess, Senior Gemologist at Hess Fine Art has been working with other in-house graduate gemologists grading and evaluating the items for liquidation.
Of note is an 11 carat cushion shaped white diamond ring, a Van Cleef & Arpels Ruby Ring, a large expensive Fountain Pen collection and a bracelet that contains over 1300 fine white diamonds.
PRLog ID: www.prlog.org/12518493
SOURCE Hess Fine Art
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