First State Auctions Review: Buying Jewellery From Police Raids & Bankruptcies

Whoa, whoa – buying jewellery that belonged to criminals?! Yes! Here’s my review of First State Auctions.

I hadn’t previously heard of police jewellery auctions until I came across First State Auctions. I love jewellery and a good deal so I had to check it out.

The website mentions that they are “selected as auctioneers to various Commonwealth of Australia government agencies in the sale of seized, recovered and unclaimed jewellery.”

I browsed through the catalogue and my first thought were:


Not only were the pieces beautiful, but they had more uncommon items such as Argyle pink diamonds. I was salivating while browsing the catalogue. The other aspect I noticed were the reasonable prices, they were significantly less than what you would pay at a retail jeweller.

Of course, my first thoughts were “is first state auctions fake”? I am sure you would be thinking the same. Well, I decided to buy something and try it out so I’ll waste my money instead of yours.

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Look at those stunning diamonds!

I decided to sign up and place some bids. After being outbid very quickly, I managed to actually secure a piece! I bought a 1.05ct ruby, diamond and 14k yellow gold necklace for $475. With the 20% buyer’s premium, I paid a total of $570 which included registered shipping. This necklace was new and not pre-owned therefore I felt the price was suitable.

Winning the auction was such a thrill. It gave me the same adrenalin rush when I purchase stocks.

Great, I won the necklace. What happened next? Did it actually arrive? Is it legit?

I can confirm that First State Auctions is indeed legitimate and in fact, had great service post-purchase.

Upon winning the auction, I was immediately emailed a confirmation of purchase and my invoice. Later, a staff member reached out to confirm the postal address where the item needed to be sent.

After that, it was shipped out within a day or so by registered mail and I was provided a tracking number. It was a smooth, efficient process and the packaging was discreet and secure.

I received my package within 4 days of purchase and here is my stunning new ruby, diamond and gold necklace! What do you guys think is the story behind this necklace? I wonder who it belonged to.

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Looked even better than the picture! Came in a beautiful box too!
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So elegant and dainty!

First State Auctions Review: Would I do it again?

Yes! Not only do you get a great deal on beautiful fine jewellery, but it’s such a fun experience. I really enjoyed the process of browsing, bidding and of course the feeling of winning the auction.

I’ve bought more…

Since the original ruby necklace, I have even made two more purchases with the website. I love checking the weekly auction catalogue to see if something else from my wish list pops up.

I’ve also been looking into other Australian police jewellery auctions websites – it’s good fun!

Of course, this is all after careful budgeting. Remember, fine jewellery is a luxury so it’s important to save and budget for some items.

Ned to save some money? Here are some articles I’ve written that can help:

Published by Ruba Khan

Hi, I'm Ruba! The Money Marketer is a financial discussion space to discuss all things money and investment, with a touch of food and lifestyle.

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