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Bid on ex-comptroller’s bling in live auction

Jewelry for sale Saturday in Fort Worth, Texas

Caption
The U.S. Marshals Service is selling 229 pieces of jewelry belonging to the ousted comptroller and her boyfriend, Jim McKillips, at a live auction Saturday at the Fort Worth Convention Center in Fort Worth, Texas. The auction will begin at 10 a.m. and end when the last item is sold.

DIXON – Here’s your chance to own some of Rita Crundwell’s ill-gotten glitz.

The U.S. Marshals Service is selling 229 pieces of jewelry belonging to the ousted comptroller and her boyfriend, Jim McKillips, at a live auction Saturday at the Fort Worth Convention Center in Fort Worth, Texas.

Crundwell’s collection makes up lots 150 to 289 in the auction, in which marshals also are selling items from unrelated cases.

The auction will begin at 10 a.m. and end when the last item is sold. A $500 deposit will be required for those attending the live auction, and $1,000 for those who bid online at www.txauction.com, the website for Gaston & Sheehan Auctioneers.

Deposits to bid online are due by 10 a.m. Thursday. Advance bids also are due at that time.

Deposits are refundable if bids are unsuccessful and will be applied to the bill for successful bids.

Crundwell, 60, was sentenced last week to 19 years, 7 months in federal prison for wire fraud. She is in Boone County Jail in Belvidere until the Federal Bureau of Prisons determines where she will serve her sentence, which could take at least a month, according to online records.

The auction company will receive a 12 percent commission on items that sell for between $1 and $25,000 and 11.5 percent for anything that sells for more than $25,000 to $100,000.

Among the bling up for bid are a diamond, ruby, and sapphire American flag ring, numerous cross necklaces, men’s and women’s watches, and western-themed jewelry.

The most valuable of the lot is a gold and diamond horseshoe-shaped ring, with a liquidation value of between $7,575 and $10,235, that Crundwell bought for McKillips.

Marshals already have sold most of Crundwell’s assets, including properties, vehicles, boats, furniture, and her herd of more than 400 prize quarter horses.

Minus costs, they’ve raised about $10 million.

Online

Go to txauction.com to see photos of the items up for sale and learn how to register to bid.

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