Pa. treasurer announces results of fall unclaimed property auction
Property

Pa. treasurer announces results of fall unclaimed property auction


The Pennsylvania Treasury’s most recent unclaimed property auction brought in more than $208,000, according to Treasurer Stacy Garrity.The proceeds will be held in perpetuity for the rightful owners to claim.The online auction of nearly 3,800 items took place in October.Included in the auction sales were the following:Multiple 1 oz. gold South African KrugerrandsThree U.S. $500 notes featuring President William McKinleyA 14K gold, diamond and gemstone braceletA 10K gold necklace with a 14K University of North Carolina diamond-studded pendantAn Omega 18K gold wristwatchA custom Breitling stainless steel and black diamond wristwatchAny items not sold will be relisted in future auctions.Do you have unclaimed property?There is currently more than $4 billion in unclaimed property waiting to be claimed.One in 10 Pennsylvanians is owed unclaimed property, and the average claim is worth about $1,500.The state tries to return items to their rightful owners but sometimes needs to auction the property off to make room for incoming items.Every piece of unclaimed property is held for at least three years. Military decorations are never auctioned.Auction proceeds remain available for the owner to claim at any time.To check if you have unclaimed property, go to the Treasury website.Related video below: Go inside the vault where Pennsylvania keeps unclaimed property

The Pennsylvania Treasury’s most recent unclaimed property auction brought in more than $208,000, according to Treasurer Stacy Garrity.

The proceeds will be held in perpetuity for the rightful owners to claim.

The online auction of nearly 3,800 items took place in October.

Included in the auction sales were the following:

  • Multiple 1 oz. gold South African Krugerrands
  • Three U.S. $500 notes featuring President William McKinley
  • A 14K gold, diamond and gemstone bracelet
  • A 10K gold necklace with a 14K University of North Carolina diamond-studded pendant
  • An Omega 18K gold wristwatch
  • A custom Breitling stainless steel and black diamond wristwatch

Any items not sold will be relisted in future auctions.

Do you have unclaimed property?

There is currently more than $4 billion in unclaimed property waiting to be claimed.

One in 10 Pennsylvanians is owed unclaimed property, and the average claim is worth about $1,500.

The state tries to return items to their rightful owners but sometimes needs to auction the property off to make room for incoming items.

Every piece of unclaimed property is held for at least three years. Military decorations are never auctioned.

Auction proceeds remain available for the owner to claim at any time.

To check if you have unclaimed property, go to the Treasury website.

Related video below: Go inside the vault where Pennsylvania keeps unclaimed property



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