Bid Live on Proxibid for Personal Assets Belonging to Bernard and Ruth Madoff

* Reuters is not responsible for the content in this press release.

Thu Nov 12, 2009 9:47am EST

OMAHA, Neb.--(Business Wire)--
Proxibid, the world`s largest provider of live auction webcasting services,
today announced that the Company has been selected by Gaston and Sheehan
Auctioneers Inc. to provide live online bidding for its upcoming US Marshal
Service Auction, which includes personal assets belonging to Bernard and Ruth
Madoff. The live auction will take place Saturday, November 14 at 10:00 a.m. EST
at the Sheraton New York Hotel & Towers, with live online bidding commencing at
that time via Proxibid. Auction registration is already available by visiting
www.proxibid.com/gaston. 

More than 550 lots of forfeited jewelry, art, furs and collectibles will cross
the auction block during this live auction webcast. Everything from diamonds and
watches to fine leather goods, china, silver, sports memorabilia and more will
cross the auction block during this live auction webcast. Take this opportunity
to purchase fine jewelry and gifts or to add to your sports memorabilia
collection. Auction highlights include:

* Lot 158: RING - [1] Platinum ring mounting by Schubot, size 7 ¼, weighs 9.7
grams; and one 19.11 x 12.36.x 8.12mms emerald cut diamond, 18.30 cts, I, VS2 
* Lot 202: BRACELET - Lady`s 950 platinum Edwardian era diamond &; emerald link
bracelet; 6 sq emerald cut natural emeralds, 5.80mm x 6.00mm x 3.93mm = est
5.13cttw, Good/5.5-5-slblueishGreen/SI1-SI2(III); 246 Euro &; transitional rb
dias, 2.8mm to 3.0mm = est 22.14cttw, Good (1925)/H-K/VS-SI2; 204 rd dias, 1.3mm
= est 2.24cttw, Good(1925)/H-K/VS1-SI1; Engraved "58269", "24.2.28", "21657" in
clasp; 18.33mmW x 2.60mmT x 7.0"L; CIRCA 1925; 57.87 grams. 
* Lot 237: ROLEX - Gents 18ky vintage Rolex O.P. "Monoblocco" chronograph
wristwatch; aka "Prisoner Watch;" domed plastic crystal; black dial w/ rose
tri-sticks &; Arabic numerals; gold hands; polished bezel; 35mm round case; dk
brown alligator strap (tang); Model 3525; 17 jewel Rolex mechanical winding
mvmt; Serial 380223 (1945). 
* Lot 276: JACKET - [1] Blue satin with orange trim jacket labeled and stitched
with: NY Mets, "MADF," "25," and "Madoff." 
* Lot 416: LOOSE DIAMOND - 5.22 carat emerald step cut natural diamond; 11.33mm
x 9.33mm x 5.60mm; Good cut, I color (none), VS2 clarity. RING SEMI-MOUNT: Ladys
18ky "invisible" set diamond ring semi-mount; 20 bag dias, 2.7mm x 1.6mm = est
1.12cttw, V.Good/F-G/VS; 56 sq prin dias, 1.9mm to 2.0mm = est 2.48cttw,
V.Good/F-G/VS; 15.81 grams.

With so much to choose from, bidders will not leave this auction empty-handed.
Registration and pre-bidding for this auction are already available at
www.proxibid.com/gaston. 

About Proxibid

Since 2002, Proxibid has webcast more than 20,000 auctions - more than any other
company in the industry. Proxibid`s proprietary live Internet bidding service
and Web site were developed by auctioneers and industry-leading professionals to
provide our bidders with the most user-friendly and comprehensive live online
auction experience possible. 

Proxibid`s customer service and support is unmatched in the industry. The
company`s toll-free support center is open before, during and after every live
auction, and is staffed with bi-lingual auction specialists who assist both
bidders and auctioneers. For more information about Proxibid, please visit us
online at www.proxibid.com.

Proxibid
Media Contact:
Dana Kaufman, 402-505-7770
dkaufman@proxibid.com

Copyright Business Wire 2009

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