The U.S. Marshals Service is preparing for its national jewelry auction, featuring nearly 700 lots of jewelry, diamonds, watches, collectible coins as well as a saxophone signed by former President Bill Clinton. The auction will take place live in Houston and online at www.txauction.com on November 18 and 19 starting at 10 a.m. CST each day. An onsite preview of the lots will be held at the Reliant Center in Houston November 17 from noon to 5 p.m.One of the lots up for auction, lot 224, includes an emerald-cut diamond ring. According to the Gemological Institute of America (GIA) report, the center stone is a 4.99-carat, F, VS1 diamond flanked by a 1.14-carat, E, VS1 and a 1.10-carat, D, VS1 stone.
Eben Morales, the assistant director for the asset forfeiture division of the U.S. Marshals Service, said, ''As the primary custodian of the Department of Justice's asset forfeiture program, the U.S. Marshals Service manages and disposes of assets seized and forfeited from cases nationwide.
''The assets being sold at auction exhibit the power of forfeiture to remove the proceeds of crime and disrupt and dismantle criminal organizations. Proceeds from this auction will be reinvested into the law enforcement community and applied as reparations to the victims of crime,'' Morales said.
-Rapaport
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