Thursday, September 11, 2008

Update: Platinum Plus Auction Nets $60,000 for State

Posted By on Thu, Sep 11, 2008 at 4:00 AM

Attorney General Bill Gibbons' office announced today the auction of items from the shuttered Platinum Plus strip club brought the state of Tennessee $60,000. (Or about one week's take for the average lap dancer. We made that last part up ...)

Over 200 people crowded inside the former Platinum Plus adult entertainment club this morning for the auction.

Instead of naked women, the main stage was covered in a thick layer of dust. And even though it’s been two years since the doors closed for good, the faint smell of stale cigarettes and sour, er, DNA lingered throughout the building.

Everything inside was auctioned off, including the bar, tables, chairs, lighting fixtures, the DJ booth and equipment, and even used strippers’ shoes and outfits from the locker rooms.

Memphian Darryl Johnson bid on and bought both brass mini-cage stages for a total of $1,125.

"I’m opening up a club," Johnson said, though he wouldn't say where. "It won’t be an adult entertainment club though -- just a dance club."

While bidders perused the auction's wares, former dancers were seen in the locker rooms getting one last look -- and some pictures -- of their former workplace.

From the AG's press release: "The actual wooden bar and bar back went for $30,000. The auctioneer said that the former owner bought these pieces in Chicago years ago and it allegedly sat in the hotel lounge in which Al Capone regularly frequented. (I can’t vouch for that -- but that’s what John Roebuck said!)

"Someone bid $525 for the disco ball.

"More than 200 individuals crowded into the nightclub to place bids on items. The auction was conducted by Roebuck Auctioning.

"The state will use the proceeds to pay for the cost of the undercover investigation, which lasted close to two years. It will be proportionately divided between the agencies that conducted the investigation.

"The real estate (the building and parking lot) was seized by the US government and will be sold at a later date. Today's auction was held only for the personal property inside the club (tables, chairs, fixtures, lights, equipment, etc.) which was forfeited to the State of Tennessee.

That's all well and good, but we think the money seized from the Mt. Moriah Performing Arts Center should go to the state's Naked Ambition fund. -- By Shara Clark.

Comments

Subscribe to this thread:

Add a comment

ADVERTISEMENT
ADVERTISEMENT

Most Commented On

ADVERTISEMENT

Flyer Flashback

Looking Back at a Time When We Cared About Your Dreams

Read Story

© 1996-2014

Contemporary Media
460 Tennessee Street, 2nd Floor | Memphis, TN 38103
Visit our other sites: Memphis Magazine | Memphis Parent | Memphis Business Quarterly
Powered by Foundation