Berlin Wall Piece in Suwanee To Be Auctioned

Saturday's Arts in the Park festival in Suwanee will be the last chance for some people to view the piece of the Berlin Wall that's on display in front of City Hall.

Unless you buy it at auction on May 25, also in Suwanee.

According to a news release, the 8,000-pound artifact of the Berlin Wall, which came down in 1989, will be sold at an auction May 25, 4:30 p.m., in Suwanee. The auction will take place on the amphitheater stage at Town Center.

The 12-foot slab is one of the assets seized by a federal receiver of Atlanta investment advisory firm Lighthouse Financial Partners. The firm's owner/operator pleaded guilty in federal court to wire fraud, for defrauding 57 of his clients out of millions of dollars.

The receiver (Hays Financial Consulting) is liquidating assets and pursuing recoveries.

The segment, like most of the poured concrete pieces of the wall, is brightly painted on the former West German side, with an American flag, a tower, and symbolic human figurines and faces. It has a grey concrete finish on the East German side, according to auctionebid.com.

Bids may be submitted on site or online via live webcast at www.auctionEbid.com.

Also, the attached YouTube video about the wall artifact contains spoken segments by Suwanee Deputy Police Chief Janet Moon and other city employees.

-- What do you think the Berlin Wall piece in Suwanee will bring at auction? Share your thoughts in the comments below.

Don’t miss any Suwanee news. Subscribe to Suwanee Patch’s free newsletter, like us on Facebook and follow us on Twitter.