LEE ALLAN GEM COMPANY

BULK GEM AUCTION by SEALED BID

SEALED BID DUE BY 12:00 Noon on Friday, February 18, 2011

2437 Monroe in LaPorte, Indiana

 

All the inventory for this bulk auction can be viewed at our facility on

Tuesday, February 15, 2011 from 10:00 a.m. to 4:00 p.m.

 

Directions – Take SR 2 into LaPorte to two blocks east of courthouse; go to Monroe/SR 4 and turn south; go 1.2 miles to auction site on left.

 

By court order, a sale of the gems owned by Lee Allan Gem Company of Crown Point, will be sold by a sealed bid auction.

 

For a more detailed list…click here!!!

 

Quantity of sizes and shapes of sorted gems including:

 

RUBIES

Rounds, ovals, & baguettes

 

EMERALDS – FANCY

Marquise, pear, oval, square, & baguettes

 

BLUE ZIRCON

Round, oval, pear, emerald cut, marquise, trillium & baguettes

 

SAPPHIRES – FANCY

Marquise, pear, oval, emerald cut, heart, & baguettes

 

OPALS1AQ

Round, heart, oval, pear, marquise, baguettes & boulder

 

RUBIES – FANCY

Marquise, pear, squares, & baguettes

 

PERIDOT

Round, Trilliant, Ovals, Baguettes, squares, pear, emerald cut, marquise, & heart

 

RHODOLITE

Rounds, emerald cut, ovals, square, heart, pear, marquise, trillium & baguettes

 

AMETHYST – 1Q

Round, baguettes, oval, emerald cut, pear, & marquise

 

DARK GARNETS

Round, heart, square, ovals, marquise, emerald cut, pear & baguettes

 

GARNETS – MOZAMBIQUE

Round, emerald cut, ovals, marquise, pear, heart, & baguettes

 

PINK TOURMALINE

Round, emerald cut, oval, pear, marquise & baguettes

 

AQUAMARINE

Round, oval, emerald cut, pear, marquise, square, trilliant, & baguettes

 

LONDON TOPAZ

Round, marquise, oval, pear, emerald cut, heart, square & baguettes

 

SWISS TOPAZ

Rounds, oval, pear, square, marquise, trilliant, emerald cut, heart & baguettes

 

 

EMERALD ROUNDS

 

ORANGE CITRINE

Round, square, oval, trilliant, heart, pear, emerald cut & marquise

 

SAPPHIRE ROUNDS

 

TANZANITE

Rounds, ovals, marquise, pear, emerald, square, trilliant, fancy & baguettes

 

TSAVORITE

Rounds, trillion, marquise, & baguettes

 

SAPPHIRES

Squares & baguettes

 

LAB CREATED

Emerald & emerald baguettes

Ruby & ruby baguettes

Sapphire & sapphire baguettes

Alexandrite & alexandrite baguettes

Opal baguettes

 

BLACK STARS

Rounds, ovals, pear & marquise

 

TURQUOISE, MOONSTONE, LAPIS & TRIPLETS

 

CORAL

Rounds, ovals, marquise, pear, balls, & baguettes

 

AMETHYST

Round, oval, pear, heart, trilliant, squares, triangle, emerald cut & marquise

 

SKY TOPAZ

Round, oval, pear, marquise, emerald cut, trilliant, heart, square, & baguettes

 

GOLDEN CITRINE

Round, heart, oval, square, pear, emerald cut, marquise, & baguettes

 

GREEN TOURMALINE

Rounds, oval, emerald cut, pears, marquise, heart, paribo, & baguettes

 

OTHER MISCELLANEOUS

 

 

GIA Pantone Color Set

 

ABOUT THIS AUCTION

This auction is being conducted as a bulk auction meaning the entire package of gem stones will be sold for one money.  The minimum opening bid for this auction is $10,000.00 and will sell to a bidder for that amount or above.

 

All the inventory for this bulk auction can be viewed at our facility on

Tuesday, February 15, 2011 from 10:00 a.m. to 4:00 p.m.

 

SEALED BID PROCESS

1.   Obtain a Sealed Bid Form here.

2.   Complete the form in its entirety.

3.   Obtain a $1,000 company or cashier’s check made payable to Engstrom Auctions.

4.   Submit bid by no later than 12:00 noon on Friday, February 18, 2011.  NOTE:  The check identified above must accompany the sealed bid or the bid will not be accepted.

5.   All bids will be reviewed and the high bidder will be notified immediately.

6.   All non-winning bidders will be notified of the final selling price and will have their checks returned to them.

 

RELEASE OF THE GEMS

Final payment for the package must be received by 4:00 p.m. on Monday, February 21, 2011.  The balance of payment due must be paid in full with a cashier’s check or cash before the gems will be released to the winning bidder.  Any other date for pick-up must be approved by the Auction Company prior to bid submission.

 

For more information on this auction, contact Greg Engstrom at 219-464-7700.

 

For information on directions or location of the auction, contact the Auction Gallery at 219-326-6200.

 

ENGSTROM AUCTIONS

AC30200060