State

Illinois treasurer to auction off unclaimed property

SPRINGFIELD – The Illinois treasurer’s office is auctioning off almost 500 unclaimed items ranging from collectible coins to jewelry and baseball cards.

Treasurer Michael Frerichs said Monday that the online auction will be held March 27 to 31.

The treasurer’s office becomes the custodian of unclaimed property after private entities such as banks try for at least five years to locate the owner. Much of the property was left behind or forgotten in a safe deposit box or bank account.

The items are put up for auction after they’ve been unclaimed for at least 10 years.

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