A fake Rolex watch owned by slain FARC commander “Raul Reyes” will be auctioned Colombia’s drug enforcement agency DNE.
A counterfeit Rolex costs between US$300 and $400 on the black market, DNE official Omar Figueroa told the newspaper Terra Thursday. But in Figueroa’s opinion, the watch has no value since it belonged to the head of a terrorist group.
“A good replica of a Rolex can do about 300,000 to 400,000 pesos on the street, but because this one is of ‘Raul Reyes’, a character who did so much damage to the country, I think it would have a negative value,” the official said.
Figueroa, whose organization manages the assets seized from drug trafficking and groups linked to the drug business, believes that the knock-off Rolex might be of interest for the family of Reyes or the FARC itself.
Raul Reyes was wearing the fake Rolex watch when he was killed in the bombing of a FARC camp in Ecuador border territory March 1, 2008.