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Imelda Marcos' belongings to be auctioned

MANILA, Philippines, Sept. 29 (UPI) -- The Philippine government is considering auctioning off former first lady Imelda Marcos' gowns, jewelry and famous shoe collection.

Officials believe such an action would net millions, the Philippines Inquirer said Thursday.

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Ricardo Abcede, head of the Presidential Commission on Good Government, said he will discuss this possibility with three international auction houses. He earlier spoke with them about three collections of jewelry seized from the Marcoses after the 1986 revolt that ended Ferdinand Marcos' 20-year rule.

Abcede said he expects that the jewelry alone, earlier estimated to be worth around $10 million, would fetch as much as $150 million in an international auction.

At the time of the Marcoses' ouster, the former first lady was reported to have around 3,000 pairs of shoes, including many designed by such world-famous names as Ferragamo, Givenchy, Chanel and Christian Dior, all size 8 1/2.

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