The IRS auction of the embattled rapper Tekashi 6ix9ine’s personal belongings started Wednesday afternoon at 1 p.m. ET, with bids anticipated from celebrities and collectors.

The auction, hosted by Market Auctions in Lake Worth Beach, Florida, features a range of items—some featured in Tekashi’s iconic music videos.

Why It Matters

The sale of Tekashi 6ix9ine’s assets marks a critical juncture for the rapper, known legally as Daniel Hernandez. Seized for unpaid taxes, these items’ auction is an example of the consequences of financial mismanagement—and the ongoing interest in celebrity-owned memorabilia.

With items starting from as low as $250 and soaring up to estimated high bids in the hundreds of thousands, the auction is set to be a significant event in the world of celebrity asset sales.

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What To Know

The auction of rapper Tekashi 6ix9ine’s personal effects is managed by Market Auctions in Florida.

Jacob Kodner, managing partner at Market Auctions, told ARC Florida’s Matt Lincoln and Victoria De Cardenas that they’ve had “a lot of interest from all over the world.”

He highlighted the diverse range of bidders, from high school students to celebrities, all eager to own a piece of music history.

In a press release ahead of the auction, Kodner said there was “unprecedented interest” in the auction from the general public, celebrities and sports stars. He added that a lot of famous bidders want a “certain level of anonymity.”

The auction includes standout items like a diamond pendant of “Bruce the Shark”—the animated shark from ‘s “Finding Nemo”—which sold for $60,000.

Less pricey items include metal rings and necklaces with bids beginning between $25 and $50.

To place a bid, participants must register online through Market Auctions or Invaluable, complete a verification process and possibly submit a refundable deposit. Detailed instructions and terms are available on .

What Is an IRS Auction?

An IRS auction involves the sale of assets seized by the Internal Revenue Service (IRS) to satisfy outstanding tax debts. While these auctions often include items like real estate and vehicles, the sale of celebrity-owned items tends to draw significant public attention.

Why Is the IRS Auctioning Off Tekashi 6ix9ine Belongings?

The IRS seized Tekashi 6ix9ine’s belongings due to unpaid taxes. The rapper has faced financial difficulties despite his success in the music industry. These difficulties led to the seizure of his luxury items in an April 2024 raid on his home in Lake Worth Beach, Florida.

What People Are Saying

Jacob K. Kodner, managing partner of Market Auctions, said in a press release: “Market Auctions was selected by the IRS to handle this auction, and we are committed to conducting it with the highest level of professionalism and transparency… We understand the heightened interest in this collection, and our focus is ensuring a fair and secure process for all bidders.”

The No Jumper podcast posted on X (formerly Twitter) in January: “The IRS will auction off most of Tekashi 6ix9ine’s jewelry, music plaques, and designer bags in March.”

What Happens Next

As the auction starts, its outcome is set to capture the attention of Tekashi 6ix9ine’s fans and collectors alike. The results will not only reveal the financial value of his belongings but also indicate the continuing fascination with celebrity-owned pieces.