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State to hold unclaimed property auction

Published: Wednesday, Sept. 3, 2014 9:31 p.m. CST

SPRINGFIELD – Broaches, jewelry and stamp collections are just some of the items that Illinois State Treasurer Dan Rutherford is offering in the next Illinois Treasurer’s Online Unclaimed Property Auction.

The auction starts at 10 a.m. Monday and closes at 10 a.m. Sept. 12. Those interested in previewing the items up for auction can visit www.treasurer.il.gov and click on the auction preview button, according to a news release from Rutherford’s office.

All items for sale in this auction have been appraised by an outside vendor. The sale price of each lot must reach at least 75 percent of the appraised value.

Buyers are responsible for purchasing their auction winnings with either Visa or MasterCard (other arrangements will be available for purchases over $10,000). Additionally, a 2 percent administrative fee will be assessed. Buyers are required to pay for shipping through the preferred list of shippers.

Registration is required to become an active bidder. For questions about registration, call 217-785-6998.

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