Unclaimed Treasures: Illinois State Treasurer Schedules Online Auction
The Illinois State Treasurer’s Office has announced an online auction for unclaimed property that will take place from April 3-7, 2023. Prospective bidders can bid on over 500 items ranging from collectible coins, sports cards, jewelry, fine art, to other rare and unique items.
Shop Unclaimed Treasures
Illinois State Treasurer Michael Frerichs encourages buyers to take advantage of this excellent opportunity to shop for collectibles and other memorabilia. The auction items include a 14-karat gold link bracelet, Victorian trade cards, and a 1924 Saint-Gaudens $20 U.S. gold coin. Other available items are Beanie Babies stuffed toys, collectible sports items and cards, fine jewelry, coins, currency from the United States and other countries, Elvis Presley memorabilia, comic books, and costume jewelry.
Join the Auction
To participate in the auction, prospective bidders must register with iBid if they have not previously done so. The registration process is simple, and questions can be directed to 217-557-8567. To view the auction items, go to ibid.illinois.gov. and select the tab labeled “Storefronts.” Scroll down to the Illinois State Treasurer Unclaimed Property Auction, select it, and then click on the tab labeled “Upcoming Store Items.”
Protecting Consumer Rights
The treasurer’s office is the custodian of unclaimed property, including lost bank accounts, insurance policy proceeds, unpaid rebate cards, and safe deposit boxes. Items are surrendered to the treasurer’s office after private entities have tried for several years to locate the owner. Items considered for auction typically have not been touched by their owners for 10 years. All auction proceeds will be held for the rightful owners, no matter how long it takes.
Claim Your Unclaimed Property
An estimated one-in-four adults in Illinois who search the state’s unclaimed property website, also known as iCash, find unclaimed property that should be returned to them. The average claim is $1,000. Visit the iCash website to find out if any unclaimed property is waiting for you.
Don’t miss this opportunity to find hidden treasures, shop for collectibles, and add unique memorabilia to your personal collection. Join the online auction from April 3-7, 2023, and bid on your favorite items. Whether you’re a collector or just someone who appreciates unique items, the Illinois State Treasurer’s Office auction is an excellent and convenient opportunity to shop for hidden treasures.