8 On Your Side: Unclaimed Property Auction

LAS VEGAS -- If you're looking for that one-of-a-kind gift, you might find it at a state auction over the weekend. The state is auctioning off unclaimed property.

The property is anything someone has left behind in a safe deposit box, a bank account, or a wide variety of places. The Nevada State Treasurer's office does it's best to get the items back to the owners, but in some cases, the owners can't be found.

Some of those items go up for auction on Saturday, Dec. 7. Items can be viewed between 8 a.m. and the auction begins at 1 p.m. at the Grand Sawyer Building, 555 E. Washington Ave., Las Vegas.

Items to be auctioned include jewelry, baseball cards, electronics, and even rare items. Every item has been authenticated and you can buy any of them at the auction. All the money goes back to the state in the general fund.

If the rightful owner of the items is ever found, they do get the cash.

"If you come 20 years from now and you say 'hey that safe deposit box was mine,' we have the records what we auctioned it off for and we will give you that value," Treasurer Kate Marshall said.

 


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