Melrose Jewelers: Saddam Hussein’s Rolex To Be Auctioned: $150,000 Opening Price

Before being deposed by American forces and executed by his people, Iraqi Dictator Saddam Hussein was known for his love of luxury, clearly represented by his custom-made, diamond-studded gold Rolex watch. Unlike the majority of Hussein’s loot, the Rolex watch did not end up in the hands of the American military. Instead, Saddam’s right-hand man Haitham Wahaib is putting the Rolex up for auction, along with other valuables, in order to raise $4500,000 for Iraqi schools. But how did Wahaib end up with the Rolex in the first place? Although his tale appears incredulous on the surface, it is [...] Read More at Melrose Jewelers

- Written by John Lavitt