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Back in July, we reported that there would be an auction on October 1 featuring a watch worn by Biggie. More details are now available.

According to the auctioneer's website, the Biggie watch is a yellow gold and stainless steel Rolex with a
diamond bezel. Quite possibly going a little overboard, they call it "his first prized possession."

The auction will also feature a princess and baguette cut diamond and platinum bracelet worn by Diddy, as well as jewelry from a number of other notable artists, including 50 Cent, Lil' Wayne, Jay-Z, Nas, Mary J. Blige and others.

A portion of proceeds will go to a trio of charities: Russell Simmons' Rush Philanthropic Arts Foundation, the Hip Hop Summit Action Network and the Diamond Empowerment Fund.

Via Deidre Woollard of Luxist via Nola Weinstein of Fashion Week Daily.