Minnesota Commerce Department holds unclaimed property auction

SAINT PAUL, Minn (FOX47) – Back by popular demand, the Minnesota Commerce Department is holding its second unclaimed property online auction.

Bidding began 8 a.m. Monday, November 12 and goes until 6 p.m. Tuesday November 27th on the Fahey Sales website.

The most recent auction, held in late July and early August, collected more than $54,000 and attracted bidders

from 40 states, plus Bermuda, Canada and Switzerland.

With more than 470 items up for bid, buyers can find jewelry, collectible coins, and even a signed baseball card.

State law requires that safe deposit box contents be turned over to the Unclaimed Property Program after at least five years of no activity and nonpayment of rent.

The Commerce Department is responsible for safeguarding these funds and holding them until claimed.

Minnesotans can search for their unclaimed property through the Commerce Department website or missingmoney.com

Victoria Carra

Victoria Carra

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