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State: Unclaimed property auction to be held Wednesday

Treasurer Stacy Garrity has announced that the next online auction of unclaimed property will take place on Wednesday. This auction includes jewelry, currency, precious metals, and many other items that have been safeguarded in treasury’s vault for more than three years.

“Our first priority is always to return unclaimed property to the rightful owners,” Garrity said. “But even though we have the largest working vault in the nation, we constantly receive new unclaimed property and need to make room for it. We work to find the rightful owner of every piece of tangible unclaimed property for at least three years before anything is sent to auction. And auction proceeds are carefully tracked and will always remain available for the owner to claim – whether that happens next month or 50 years from now.”

Treasury partners with Pook & Pook Inc., in Downingtown for appraisal and auctioneer services. Items up for auction can be previewed at pookandpook.com. Interested bidders should register on Pook & Pook’s website as soon as possible.

Any item listed in the auction is subject to change at any time before the sale in the case of new information regarding an item’s authenticity, estimated value, quality, or other determining factor. Treasury is notified of these changes.

Treasury employees and their immediate family are prohibited from bidding.

Treasury is working to return more than $4.5 billion in unclaimed property.

Search for unclaimed property anytime by visiting patreasury.gov/unclaimed-property.