translated from Spanish: Master Auction in Los Pinos fails to achieve goal in first day

CDMX.- 313 lots of jewelry, 7 aircraft and 7 properties, 4 of them in Culiacán, were the attraction of this first day of the last auction of this year, by the Institute to Return to the People of the Stolen, before SAE, in the Cultural Complex Los Pinos.La auction began with est 325 lots, which totalled an exit price of 150 million peso. However, in this sixth auction only 41 of them found buyer, adding just 17.3 million pesos.

Among these sold lots, the only property acquired stands out. It is a room house located in Mexico City, bought in 14 million 330 thousand 165 pesos.
Also sold a Cessna model C-130 aircraft, in its VAT-free starting price of one million 204 thousand 900 pesos. In the jewels put up for sale, the sold in 134 thousand 700 pesos stood out. It is an 18-carat white gold necklace with 148 diamonds and 24 sapphires. 

Photo: Special

Ricardo Rodríguez Vargas, holder of the Institute to Return to the People of the Stolen, emphasized the social sense that these auctions have, because he asserted that there is total transparency of the use of resources. He reported that the five auctions held prior to this Master Auction, raised 230 million pesos, which have already been exercised in improvements of roads in Oaxaca, support for athletes, purchase of musical instruments for children’s bands, among others.

Photo: Special

“How much have we gained throughout the year with socially meaningful auctions?, approximately 230 million pesos, these resources are already being fully exercised in the communities, for the most part, as I told them when they like to go to Oaxaca, go to Santos Reyes Yucuuná and Santa María Zaniza, so that they see how resources are being exercised, there is clarity, transparency, they no longer go to the pipe of the federal government in general,” the indep owner stressed.

Photo: Special

Regarding the provenance of the residences, jewellery and cars put up for auction, Rodriguez again said that the Institute does not know this information.

Photo: Special

Rodriguez mentioned that in total, between Saturday and Sunday 674 lots will be auctioned. 623 of jewellery, 51 houses, aircraft and cars. Of these cars stand out some luxury model 2019, which come from a judicial process in León, Guanajuato, which will be at auction this Sunday.

Photo: Special

Photo: Special

Original source in Spanish