29 Oct '13, 10pm

Pablo Escobar’s Rolex bought for $70K at first ‘narco-goods’ auction #colombia

Pablo Escobar’s Rolex bought for $70K at first ‘narco-goods’ auction #colombia

An anonymous Medellin man has bought a diamond-encrusted watch once owned by notorious drug lord Pablo Escobar , as part of a government auction of two decades worth of goods seized from drug traffickers. The watch, valued at $70,000, was just one of the items to feature in the first auction run by Colombia ’s National Narcotics Division (DNE). The Guardian newspaper reports that the Escobar Rolex buyer says he’s likely to erase the past of the things he bought at the auction and claims that he will melt down most of it to make new jewels. “I don’t like where these things came from,” he says, referring to the jewels’ narco past. “For me it’s just an investment.” Escobar was killed by police in December 1993 at his home in Envigado, a suburb of Medellin. According to official estimates, Escobar’s Medellin cartel perpetrated 4,000 murders throughout the eighties and nineties...

Full article: http://colombiareports.co/medellin-man-buys-escobars-watc...

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