Jewelry in the news: Imelda Marcos' jewelry to be auctioned.
Excerpt:
Jewelry once owned by former first lady Imelda Marcos is to be auctioned overseas, the Presidential Commission on Good Government (PCGG) said Tuesday.
At least two international auction houses have expressed interest in selling off the trinkets recovered by the PCGG, chairperson Haydee Yorac said Tuesday.
Asked at a forum organized by the Foreign Correspondents Association of the Philippines for a valuation of the jewelry, Yorac said "around 10 million US dollars."
"We are looking at auctioning the jewelry in either Hong Kong, London or New York," Yorac added.
She denied media reports that much of the jewelry now held in the vault of the Philippines' central bank was in fact fake. "The jewelry has been independently valued and found to be genuine," she said.
Posted by GilbertZ at 04:28 PM
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Comments:
You can see the Roumeloites collection jewelry to be auctioned off. We have the only pulbicliy available photos of these jewels taken at Bangko Central in 1986. See them at www.djl.net/jewels
Posted by: Dee on April 20, 2004 12:01 PM
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