Florida to hold annual auction of unclaimed items on Saturday

This weekend the state will auction off some of the unclaimed items being held by the state of Florida.

The state of Florida is holding close to a billion dollars in cash and property belonging to Florida residents including money from old bank accounts, legal settlements, and deposits paid to utility companies.

They also hold on to unclaimed property like jewelry, coin collections and antiques.

The items that go to auction have been unclaimed for at least three years after being found in abandoned safe deposit boxes. 

The state will auction off many of the items this Saturday in Ponte Vedra Beach at the Sawgrass Marriott Golf Resort & Spa. 

The auction, which is open to the public, features more than 37,000 individual items, including jewelry, watches and rare coins, with a minimum reserve value in excess of $327,000.

Some of the eatured auction items include gold and diamond watches, gold U.S. coins, South African Krugerrands, a Native American belt with 200 grams of silver, and an 11.4 carat solitaire amethyst ring with a matching 15.3 carat solitaire amethyst pendant necklace. 

If it turns out some of the property actually belongs to you – the money raised during the auction will still be yours – the state holds on to the cash until it’s claimed.

You can get a free catalog, along with details about the auction on-line at www.FLtreasurehunt.org, or by calling 1-88-VALUABLE.

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