A Ferrari 360 Modena, a Rolex Daytona and a Spanish villa are going on sale among a total of £2.3m confiscated items at an unreserved government auction. The items will be auctioned off at Wilsons Auction in Newport next week for a fraction of their retail prices.
The highlight of the sale is a 1999 black Ferrari 360 Modena which was seized by the Asset Recovery Bureau in Malta. It is believed that the car belonged to a drug dealer who was arrested in Malta for a drug-trafficking offence.
A five-bedroom villa located in Casa Millie- Mai, Campos Del Rio, Spain is also being auctioned. With a guide price of £225,000, the villa comes with a swimming pool, a garden, a garage and a jacuzzi.
Other luxury items are also offered in the sale, including an 18k rose gold Rolex Daytona with a retail value of £28,850. Sneakers from designer brands such as Dolce & Gabbana, Christian Louboutin, Louis Vuitton, Prada and Valentino are also on sale. The lots were confiscated from Stefan Miller, a drug dealer based in London who admitted conspiracy to supply cocaine and heroin in 2017.
All the items in the sale are without reserve, meaning that they will be sold regardless of the price. This is the perfect opportunity for those interested to get their hands on discounted luxury items.