Bernie Is Back! Madoff's Rolex Red Submariner Hits eBay

Remember Bernie Madoff? You better, because he was the engineer behind the the biggest ponzi scheme the world has ever known. We're talking $18 billion, 11 federal crimes, and 150 years in prison. To describe the man as nefarious would be an understatement.

Madoff loved his watches, and he had a substantial collection that ranged from modern day crap to some pretty nice Pateks and AP's, to even a few vintage Rolex pieces. We showed you a Rolex Explorer that made its way to eBay rather quickly after the initial government-run auction of his property, remember MalibuSurferDude was trying to make some money on that buy?

Well, now another Madoff Rolex has surfaced, and this time it's a good one - a Red Submariner from 1971. The watch will come the receipt showing that it was purchased at federal auction from the Madoff collection, and the watch is even engraved "Bernie L Madoff" on the caseback (we enhanced one of the ebay images below so you could see it better).

The auction has over 6 days remaining and it is currently at just over $3,000. This is most certainly an interesting buy, and we'll be curious to see if someone really is willing to pay a premium for pugnacious provenance.

Click here to be taken to the eBay lis! ting of a 1971 Rolex Red Submariner Ref 1680 owned by Bernard L. Madoff.

Editor's Note: If you want to spend even more money on a Madoff watch, an early Rolex triple date chrono is currently being sold via US Marshall auction here, but it's already at $32,500 and you may want to examine this one closely (*cough* fake dial *cough*).

(Thanks for the tip, Bob!)


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