November 16, 2009 8:33 AM

Bernie Madoff's New York Mets Jacket Sold For $14,500 at Auction

By
Edecio Martinez
Topics
Daily Blotter
(U.S. Marshals)
(AP Photo/Louis Lanzano)
NEW YORK (CBS/AP) It seems like a Mets fan with a strange sense of humor or history has helped the hard hit investors who collectively lost billions in Bernie Madoff's Ponzi scheme.

In an auction of Madoff and his wife's personal assets, Madoff's blue satin New York Mets baseball jacket with his surname stitched on the back was valued at only $720 but sold for $14,500.

Overall, the day's take was twice as much as New York auctioneers had hoped for.

Two pairs of Ruth Madoff's diamond dangle earrings sold for $70,000 each, far beyond their pre-sale estimates of $10,000 and $21,000.

Photo: Bernie Madoff.

But the most highly prized auction item, Madoff's Rolex watch, sold for $65,000 — $15,000 less than expected.

Madoff received a 150-year sentence for stealing billions of dollars from thousands of investors.

The one million dollars raised at the auction will be divided among his victims.

PREVIOUSLY ON CRIMESIDER
October 27, 2009 - Trick or Thief: Bernie Madoff Halloween Masks Flying Off Shelves
October 26, 2009 - Jeffry Picower, Madoff Money Man, Found Dead in His Pool
October 21, 2009 - Madoff's Bottom Bunk: Eating Pizza with Child Molester, Hanging with Spy
June 29, 2009 - Breaking: Bernard Madoff Gets 150 Years
June 29, 2009 - Day Of Reckoning For A Financial Serial Killer
May 13, 2009 - Wall Street Watch: The Hunt for Madoff's Money


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