Instead of selling the valuable timepiece locally, police have decided to try their luck on eBay, The Bloomington Pantagraph reports.
"We typically sell (seized items) at the town auction," says Normal Police Lt. David Warner. "But we didn't think that was an appropriate place for something of this magnitude."
Beginning Friday, the watch goes up for auction on eBay with a minimum bid of $10,000.
Proceeds from the sale will be divided among Normal and Bloomington police departments and the Task Force Six drug unit.
The watch was recovered during a bust in May 2003.