The Illinois Treasurer is holding a "Cash Dash" online auction of unclaimed property. This bit of news was picked up by local news stations including WGN.
Banks turn over unclaimed assets in things like Safe Deposit boxes to the state. After several years, the state can sell these items. Fortunately, the owner (or their heirs) can still file a claim and get the money that the goods sold for.
I've checked out some of the items that are for sale---and it looks like they are getting some good prices. For example a 1 ounce bar of silver was selling for over $70---That's more than twice the spot-rate of silver on the open market.
Showing posts with label Auction. Show all posts
Showing posts with label Auction. Show all posts
Friday, December 9, 2011
Friday, September 17, 2010
Florida's Unclaimed Asset Auction--This month
Channel #2 in Orlando did a nice story on The State of Florida's Unclaimed Assets auction that is taking place in September.
The state is auctioning off lots of property--including a gold bar from a ship wreck, a large $100,000 diamond ring and many other items. The state then sits on the cash until the owners (or their heirs or estates) contacts the Treasurer's office, fills out the paper work and gets issued the cash-value that was raised during the bidding.
You can do easy online searches to see if FL or any other state holds money, jewelery or other assets that belong to you.
The state is auctioning off lots of property--including a gold bar from a ship wreck, a large $100,000 diamond ring and many other items. The state then sits on the cash until the owners (or their heirs or estates) contacts the Treasurer's office, fills out the paper work and gets issued the cash-value that was raised during the bidding.
You can do easy online searches to see if FL or any other state holds money, jewelery or other assets that belong to you.
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