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April 21, 2016

State Treasurer’s Office to Auction Unclaimed Items

MONTGOMERY – The State Treasurer’s Office of Alabama is pleased to announce an online auction of items from its Unclaimed Property division. State Treasury receives these items from banks on behalf of safe deposit box customers with whom the banks have lost touch. If safe deposit box owners stop paying dues on their boxes and the bank loses contact after several years of searching for the owner Alabama law provides that these items be auctioned.  The monies from the sale are recorded to the safe deposit box owner to be claimed from State Treasury indefinitely.

 

The auctions will start on Fridays and end on Wednesdays, with each auction running 13 days with 6 days overlapping. The first auction is scheduled to start at 10:00a.m. on Friday, April 22.

 

Items in the auctions will include jewelry, coins, currency and much more! To access the auction please visit the Treasurer’s website at treasury.alabama.gov and click on Unclaimed Property Auction.

 

For more information, please contact Glenda Allred via email or at (334) 242-7523.

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