PRESS RELEASE
Treasurer Fitzpatrick Announces Record-Breaking Unclaimed Property Auction Earns More than $254,000 for Account Owners
Independence, Mo –
Missouri State Treasurer Scott Fitzpatrick today announced that this week’s Unclaimed
Property Auction earned $254,519 for account owners. This
was the largest total in program history, breaking the prior record set in
2011 by more than $6,000. The auction was held in Independence at the Stoney
Creek Inn on July 18 and 19. Thousands of items were up
for bid including old coins and currency, jewelry, sports memorabilia and a
variety of other items. The single largest bid was $7,000 for lot 1598, a Rolex
watch. The next Unclaimed
Property Auction will be held this fall in Columbia, MO. Those interested in
attending future auctions, can sign up for email notifications here. All auction items come from safe deposit boxes that have
been turned over by financial institutions to the Missouri State Treasurer’s
Office after five years of non-payment from the owner. All proceeds
from the auction will be held in perpetuity until claimed by the rightful
owners or their heirs. Treasurer
Fitzpatrick currently manages over $1 billion in unclaimed assets in more than
five million owner accounts. One in ten Missourians has Unclaimed Property, and
the average return is nearly $300. Last week, Treasurer Fitzpatrick
announced the Unclaimed Property Division returned
more than $50 million to Missourians during the most recent fiscal year, a
record-breaking amount. Missourians
can search and claim unclaimed property 24/7 at ShowMeMoney.com. Follow the Treasurer’s Office on
Twitter, Facebook, and Instagram @motreasurer. ###