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Auction house extends Maradona sale after lack of bids

The football superstar died of cardiac arrest on November 25, 2020

An auction house tasked with selling some 90 items owned by the late football icon Diego Maradona announced on Monday it was extending the deadline to submit bids after the most expensive pieces were unsold.

Sunday’s virtual auction failed to attract any big bidders with the largest single offer of $2,150 for a painting of the former World Cup winner by artist Lu Sedova.

But the Buenos Aires house the former Barcelona and Napoli star gave to his parents, put up for a minimum $900,000, was one of many items that did not find a buyer.

 

The Maradona painting by artist Lu Sedova. Photo: News in 24
The Maradona painting by artist Lu Sedova. Photo: News in 24

Two BMW cars, listed at a combined $390,000 and a seaside apartment in Mar del Plata ($65,000) also remained without a bid.

The three-hour auction brought in just $26,000 with more than $1.4 million in assets unbid on, according to AFP calculations.

Auction house extends Maradona sale after lack of bids
A man passes by a mural of late Argentine fooball star Diego Maradona, painted by artist Jony on a wall in Villa Ballester, Argentina, on November 11, 2021. Photos: Juan Mabromata/AFP

Auction house Adrian Mercado Group decided to extend the bid time “due to the number of national and international bidders that did not manage to register by the deadline” on Saturday.

It said new bidders would have another 10 days to register a bid for the remaining items.

Sunday’s auction attracted bidders from several Latin American countries, Italy, France, Britain, Russia and Dubai.

Aerial view of a house owned by the late Argentine football star Diego Maradona auctioned among other belongings in Buenos Aires, on December 15, 2021, which did not find a buyer.
Aerial view of a house owned by the late Argentine football star Diego Maradona auctioned among other belongings in Buenos Aires, on December 15, 2021, which did not find a buyer.

 

The second most expensive piece of memorabilia sold on Sunday was a photograph of Maradona with late Cuban leader Fidel Castro, purchased for $1,600 by a buyer in Dubai.

Other items sold were a Napoli team jacket, training pants and a box of Cuban cigars.

The sale had been ordered by Judge Luciana Tedesco to pay the debts and expenses accrued by the estate of Maradona, who died of cardiac arrest on November 25, 2020.

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