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Madoff's goods go on sale

FRAUDSTER Bernie Madoff&rsquo;s extravagant lifestyle was further exposed yesterday, as details of his seized personal items were unveiled, including 16 Rolex watches.<br /><br />Over 30 handbags, a personalised Mets jacket and Post-it notes will all be up for grabs in an auction on Saturday, in a state-run sale which has been put together to raise at least $500,000 (&pound;275,000) for those hit by his Ponzi scheme.<br /><br />One of the watches has been estimated as being worth $87,500, with the total value of all of the watches being gauged at around $500,000. One bracelet, made of diamonds and emeralds, could fetch $23,400.<br /><br />The baseball jacket, which has &ldquo;Madoff&rdquo; stitched on the back, is expected to raise $500-$750, according to Gaston &amp; Sheehan Auctioneers, who are handling the auction.<br /><br />Buyers can also snap up a wooden heron sculpture for around $25.