top cx logo
cx logo
Explorearrow down
search icon
Explore
arrow down

Why the French state is selling off Ferraris, PlayStations and AirPods

Auctions will feature luxury cars, perfumes, jewellery, wine and trainers on October 4-5

The French State is auctioning off luxury items it has seized, including a PlayStation 5. Images for illustration only Pic: Nattawit Khomsanit / Sarawut Chamsaeng / 19 STUDIO / DedMityay / Shutterstock

Auctions are set to take place in Lyon and Marseille on October 4-5, selling a collection of luxury items including high-end cars, Rolex watches and perfume as well as a PlayStation and AirPods.

The goods come from seized assets obtained through crime.

“More than 200 items of very different types will be on offer in each sale: luxury cars (Chevrolet Corvette, Ferrari, Jaguar, Porsche…), jewellery, gold and diamond pieces, watches (Rolex, Vacheron Constantin…), leather goods, paintings and many other lots,” the Direction générale des finances publiques wrote in a statement. 

Prospective bidders can see all of the goods available and sign up to take part in the auction on the Drouot auction house website. 

It shows that the black 1973 Chevrolet Corvette has a starting price of €14,000, while the PlayStation 5 with two controllers will start at €450. The red, 1995 Ferrari will be on sale for a minimum bid of €35,000, while a 2002 model will start at €60,000, and the 2015 Porsche Boxster will begin at €29,000.

There will also be Chanel and Dior perfume available for purchase as well as grand cru wines and Dior trainers from €120.

The Lyon auction will take place on October 4 at the Palais de la Bourse in the second arrondissement. 

In Marseille, where the car auctions will generally take place, the sale will take place in the Enchères du Domaine on October 5. 

Related articles 

€100m watch goes on display in France – but how to get it to work

Retired French soldier hunts down war grave thieves and Nazi relics

€15,000 for a two-bed flat in Lyon? Court sells off seized homes

Resident or second-home owner in France?
Benefit from our daily digest of headlines and how-to's to help you make the most of life in France
By joining the newsletter, you agree to our Terms & Conditions and Privacy Policy
See more popular articles
The Connexion Help Guides
featured helpguide
Healthcare in France*
Featured Help Guide
- Understand the French healthcare system, how you access it and how you are reimbursed - Useful if you are new to the French healthcare system or want a more in-depth understanding - Reader question and answer section Aimed at non-French nationals living here, the guide gives an overview of what you are (and are not) covered for. There is also information for second-home owners and regular visitors.
Get news, views and information from France
You have 2 free subscriber articles left
Subscribe now to read unlimited articles and exclusive content
Already a subscriber? Log in now