When, in January 2011, Sheffield Auction Gallery moved into their brand new purpose built Saleroom at Heeley in Sheffield the inaugural auction held a special consignment of antiques offered on behalf of South Yorkshire Police, to be sold under the Proceeds Of Crime Act.
Then, 130 Lots of antiques had been amassed from the profits from drug crimes from a lifetime of criminality.
Now, exactly three years later the auctioneers are to offer an unrivalled collection of luxury jewellery, again seized under the Proceeds Of Crime Act, on behalf of South Yorkshire Police’s Financial Crime Investigation Unit.
The seizure, from a Doncaster man convicted of tax evasion offences, was the result of a joint operation between H.M. Revenue & Customs and South Yorkshire Police.
The jewellery, which was taken from the man at the time of his arrest, has been deemed an asset that should be sold in order to pay back some of the £26 million it is estimated that he made from his crimes. Graham Wragg, Fraud Manager for South Yorkshire Police said, “Both South Yorkshire Police and HMRC had an interest in this individual and worked in partnership to secure his conviction. The courts have ordered he should realise all his available assets to repay his benefit from crime and to ensure that he does not profit in any way from his offending.”
In 2011 South Yorkshire police appealed on BBC1’s Crimewatch for information relating to a haul of recovered jewellery and at the time it was believed that the main item from the collection, an astonishing 9.0 carat diamond cocktail ring was the wedding ring of Sharon Osbourne, stolen from her home in 2004; it later became apparent that it was not hers and today that ring forms the centrepiece of over 30 Lots going under the hammer in Sheffield Auction Galleries Spring Antique & Fine Art Auction on Friday 21st March.
The Gallery’s Specialist Jewellery Valuer, Sarah Clark has again worked closely with Graham Wragg, to catalogue the designer watches including Rolex, Chopard and Cartier together with the impressive 9.0 carat diamond cocktail ring, another 4.5 carat single stone ring and large 7.0 carat ear studs amongst gold and gem set jewellery, which also includes a 9ct gold baby’s dummy!
Pre-auction interest on this unique collection is expected to be substantial, the auction is being held live on the internet in real time enabling potential buyers to bid from wherever they are in the world.
Further information is available from the saleroom office on 0114 281 6161 or via email to email@example.com
Article Published – March 2014