IPI Owned Rolls-Royce Cars Sold For $333,000
IPI Owned Rolls-Royce Cars Sold For $333,000
Blog Article
Two luxury Rolls-Royce vehicles, part of the assets of the troubled Saipan casino operator Imperial Pacific International (IPI) LLC, were put up for sale in an auction that closed on April 11. The luxury vehicles were able to find new owners after Clear Management Ltd., the company responsible for the asset auctions, confirmed the sale of the two vehicles, as announced by IAG.
One of the cars sold for $163,000, but a second car sold for $170,000 at an online auction. This means that the sales of the cars brought in about $333,000.
Two Rolls-Royce vehicles are just a few of the total outstanding assets in IPI that are likely to be sold. Including the two that were sold recently, 11 vehicles are in IPI so far.
However, the operator's assets include more cars that could be up for auction this summer. A total of more than 100 cars included in the operator's assets are likely to be sold at auction.
Previously, Clear Management's operations director and former IPI employee, Danny Ewing, said the company expected significant interest in various countries. "We expected strong interest from CNMI and Guam, but what surprised us is interest from the Philippines and mainland U.S.," he said.
While both luxury vehicles have found new owners, be aware that transportation will require additional costs. Nevertheless, considering that the 2021 Rolls-Royce could cost around $300,000 or more, buyers will certainly have a good deal. How much extra they will pay for transportation will also depend on their destination.
IPI's Auction of Two Crystal Dragons Continues
Although IPI's two luxury vehicles have been sold, the auction of the company's famous Crystal Dragons is still in progress. These two unique artworks went up for auction in mid-March, after the company's luxury liquor was sold.
The two crystal dragons are more than 60 m long and consist of crystal gems. The unique sculptures are made of 2.5 million Swarovski crystals. 바카라사이트
Crystal Dragons can change colors through a state-of-the-art lighting system, further highlighting their uniqueness. IPI's Crystal Dragons are up for auction with an initial bid of $100,000. They are unique pieces of art, but are difficult to sell due to their size and limited utility. However, according to Ewing, many potential buyers, mostly from the Middle East, have shown interest in the sculpture.