Madoff Mets tickets fetch $7,500 on eBay
stevek
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Madoff Mets tickets fetch $7,500 on eBay
Sunday April 12, 2009, 11:28 am EDT
Two opening-day Mets tickets, part of a season ticket package formerly owned by convicted Ponzi schemer Bernard Madoff's company, fetched $7,500 in an eBay auction Sunday morning.
The price of the tickets spiked dramatically in the auction's final minutes, nearly doubling from a cost of $3,800 two hours prior to the auction's close.
A bidding war between two parties accounted for most of the final bids, according to the item's bid history.
The auction posting said the seats are "located just a few rows from the field and near the Mets' dugout at the new Citi Field." The posting listed the face value for each ticket as $500, adding "you will not find better seats at this price."
The Mets' opening day is scheduled for Monday.
The trustee tasked with liquidating Madoff's assets, Irving Picard, had filed a motion with New York bankruptcy court Tuesday seeking to sell the tickets as part of his liquidation efforts intended to return money to investor.
Picard said the remaining tickets in the package owned by Bernard L. Madoff Investment Securities will be offered in an online auction beginning in mid-April.
The motion values at $60,750 two season tickets, which are located in the Delta Club Gold section of Citi Field. The Mets sell individual tickets in that section for $225 to $525, depending on the date.
Picard said the Mets agreed to transfer to the buyer privileges associated with the swanky seats, such as parking, renewal opportunities and the opportunity to purchase playoff tickets.
--CNN's Emily Anderson and Jason Kessler contributed to this report.
Sunday April 12, 2009, 11:28 am EDT
Two opening-day Mets tickets, part of a season ticket package formerly owned by convicted Ponzi schemer Bernard Madoff's company, fetched $7,500 in an eBay auction Sunday morning.
The price of the tickets spiked dramatically in the auction's final minutes, nearly doubling from a cost of $3,800 two hours prior to the auction's close.
A bidding war between two parties accounted for most of the final bids, according to the item's bid history.
The auction posting said the seats are "located just a few rows from the field and near the Mets' dugout at the new Citi Field." The posting listed the face value for each ticket as $500, adding "you will not find better seats at this price."
The Mets' opening day is scheduled for Monday.
The trustee tasked with liquidating Madoff's assets, Irving Picard, had filed a motion with New York bankruptcy court Tuesday seeking to sell the tickets as part of his liquidation efforts intended to return money to investor.
Picard said the remaining tickets in the package owned by Bernard L. Madoff Investment Securities will be offered in an online auction beginning in mid-April.
The motion values at $60,750 two season tickets, which are located in the Delta Club Gold section of Citi Field. The Mets sell individual tickets in that section for $225 to $525, depending on the date.
Picard said the Mets agreed to transfer to the buyer privileges associated with the swanky seats, such as parking, renewal opportunities and the opportunity to purchase playoff tickets.
--CNN's Emily Anderson and Jason Kessler contributed to this report.
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http://cgi.ebay.com/N-Y-Mets-Tickets-Opening-Day-Delta-Club-Gold-Seats_W0QQitemZ170319753170QQihZ007QQcategoryZ16122QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
It figures this swindler was a Mets fan.
http://offer.ebay.com/ws/eBayISAPI.dll?ViewBids&item=170319753170
<< <i>thats expensive >>
Especially to watch a Mets loss.
<< <i>
<< <i>thats expensive >>
Especially to watch a Mets loss. >>
Win or lose
The season has just started..........
I'm more worried about wins in September