Bernie Madoff Auction: $15,000 Wine & Liquor Collection For Sale

Posted: May. 12th, 2011  |  By Christy Stewart

With most of the items from Bernie Madoff's Manhattan and Palm Beach properties already sold, it was only a matter of time before his extensive wine and liquor collection hit the auction block.

On May 18, Morrell & Co. will sell the seized cellar contents provided on behalf of the United States Marshals office. The sizable collection, which includes everything from cult wines and Bordeaux's, to Jose Cuervo, Jack Daniels, and Johnnie Walker Black Label, holds an estimated value of approximately $15,000.

Proceeds from the sale will go directly into a federal government managed fund created to compensate the victims of his $65 billion scheme.