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Scott Rothstein Auction Preview: ‘Rapid Reporting’ Hot off the Auction Block via ‘Raymond Lee Jewelers’

‘Rapid Reporting’

Raymond Lee Jewelers has become an active participant in the Scott W. Rothstein estate auction, taking place on July 13, 2011 at the Broward County Convention Center in Fort Lauderdale, FL.

Raymond Lee Jewelers Arrival: Scott Rothstein Auction Preview

And Now… A Raymond Lee Jewelers ‘Rapid Reporting‘: Scott W. Rothstein Auction PREVIEW!

Raymond Lee Jewelers President,  Jeff Josephson, had been contacted by the Sun Sentinel shortly before this initial post, on behalf of Rick Levin & Associates, whose professional brokerage firm has been handling estate auctions for over 20 years.  Josephson was contacted by the request of Mr. Levin, who wisely refrained from venturing a guess as to what the estimated value of key pieces of jewelry included in the Scott Rothstein auction block might be.

The Sun Sentinel reporter covering this intriguing ponzi scheme plot discussed with Mr. Josephson a few key pieces of this high-profile auction. Of those pieces, a woman’s fancy yellow 12-carat diamond ring, platinum diamond bracelet with 41 emerald-cut diamond and a 10 carat heart-shaped diamond pendant necklace were all given a general assessment. The fancy yellow diamond ring was estimated to be worth nearly a quarter of a million dollars, comparative to the cost of a “couple of Ferraris.”

These items, amongst a vast collection of designer watches and luxurious cigar accessories will be up for auction come July 13, 2011.

“With the Scott W. Rothstein Auction scheduled to take place at the Broward County Convention Center on July 13, 2011,                      featuring key items that sparked the interest of Raymond Lee Jewelers immediately, we will have at least one representative                    present, eager to purchase the glistening remnants of Rothstein’s estate.”  June 10, 2011

Channel 4 News: On The Scene!

Scott Rothstein Auction Preview

Raymond Lee Jewelers: 'Rapid Reporting' Scott Rothstein Auction Preview

Scott Rothstein’s World Class Jewelry and Watch Collection to be Sold at Auction

Place Your Bids, South Florida!

One of the most anticipated auctions in South Florida history will take place in Fort Lauderdale this Summer. A world class collection of diamond encrusted jewelry and luxury watches from the estate of high-profile ponzi schemer, Scott Rothstein is scheduled to be auctioned off to registered bidders on July 13th at The Broward County Convention Center.

Florida‘s largest ponzi scam in history yielded over $1.2 Billion for the now dis-barred Fort Lauderdale Attorney, Scott Rothstein. The upcoming July Auction will be the 2nd massive auction of Scott Rothstein’s estate. In 2010, many of the convicted felons big-ticket items were sold at auction, raising a total of $5.8 million to begin repaying his most affected investors.

Of the valuables remaining in Rothstein’s estate are a world-class collection of diamond adorned jewelry and a vast inventory of the most treasured luxury watches in history. Large diamonds, rubies, sapphires and over 200 luxury watches of high-end designers such as Rolex, Patek Philippe, Franck Muller, Gerald Genta and Richard Mille are all included in the auction block.

These items will all going to be made available to the public on July 13, 2011. The auction of Scott Rothstein’s Estate will be held at the Broward County Convention Center in Fort Lauderdale, FL. Other pieces will include jeweled accessories that Scott collected for his cherishes cigar collection, two late-model Corvettes and an 09′ Mercedes SL 550 coupe.

In order to avoid a harmful mistake in judgment by venturing for himself what the jewelry belonging to Rothstein’s Estate may be worth, Rick Levin had the Sun Sentinel contact Jeff Josephson, President of Raymond Lee Jewelers in Boca Raton.

The following are initial assessments given by Jeff Josephson, President of Raymond Lee Jewelers, when presented with the star jewelry pieces that are to be sold at the July 13 auction:

A woman’s platinum diamond bracelet with 41 emerald-cut diamonds weighing a total of nearly 24 carats:
“Gorgeous, high quality, beautifully made. Thirty grand for that.”
A white and yellow gold necklace featuring a 10-carat, heart-shaped diamond:
“Probably worth $85,000.”
A woman’s fancy-yellow, 12-carat diamond ring:
“That is probably a quarter of a million dollars. — Enough money for a couple of Ferrari’s.”

“It is all good stuff,” Jeff Josephson concluded of the pieces. “I think that I want to go to that auction.”

Josephson will, in fact, be attending the auction come July. It is a fair assumption that a large number of attendees from those closely invested or intrigued by the jewelry industry in South Florida will be present at the Broward County Convention Center on July 13, 2011, eager to see for themselves one of the most impressive timepiece collections in history.

Read Full Story Here…

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