HARRISBURG – The largest unclaimed property auction in Pennsylvania Treasury history will begin Wednesday, Oct. 30, and feature jewelry, coins, currency and collectibles, according to Treasurer Stacey Garrity.
The three-day online auction will be held on Wednesday, October 30th. Thursday, October 31st. and on Friday, November 1, 5,700 items previously held in Treasury vaults will be on display. The majority of Treasury items are included in the October 30th lot.
“We are excited to announce this major auction, the largest ever for Treasury and our auction partner Pook & Pook,” Garrity said. “We have some truly unique items coming up, so be sure to check them out. We have been working diligently for at least three years to find the owners of every item that ends up in our vault. , even if you have the largest operating storage facility in the country, you still need to have space to store incoming goods.”
This week’s auction includes rare and interesting items, including:
14K yellow gold “Chief” pendant with round brilliant diamond, 2.00 carats, color G, clarity I1, 97.0 dwt. 14K yellow gold chain, 122.3 dwt. 14k gold and platinum ring. 2 old European cut diamonds, color I, clarity SI1, 1.5 carats and 1.54 carats, synthetic sapphires, size 6, 4.2 dwt. Platinum ring with 2 old European cut diamonds, color I, clarity SI1, 1.00 ct and 0.99 ct, size 7, 11.3 dwt. South African Gold Eland Natura Series featuring fine 1 oz, 1/2 oz, 1/4 oz and 1/10 oz coins. Two 1934 US $500 bills, Boston and Minneapolis. American Eagle gold bullion coin proof set. Two 1 oz solid gold Grant Wood medals from American Arts. The U.S. gold type set includes a 1915 Saint-Gaudens for $20, a 1910 Indian Head for $10, a 1911 Indian Head for $5, and a 1911 Indian Head for $2.50. and Georgia’s Silver Marrow Scoop.
The Department of the Treasury works with Pook & Pook, Inc. for appraisal and auction services. Anyone interested in bidding on items can register and preview items on the auctioneer’s website, pookandpook.com.
“Pook & Pook is excited to partner with the Pennsylvania Department of Treasury again this fall,” said Deidre Pook Margarelli, President of Pook & Pook, Inc. History of the year. Watch as nearly 1,100 treasures roll across the virtual auction block. ”
Proceeds from items sold at auction are documented by the Treasury Department and can be claimed at any time by the rightful owners.
Items listed for auction are subject to change prior to auction if new information is discovered regarding the item’s authenticity, estimated value, quality, or other determining factors. These changes will be communicated to the Treasury. Treasury officials and their immediate family members are prohibited from bidding.
The Treasury Department will search for the rightful owner for at least three years before it is put up for auction. Auctions are necessary to reserve space to receive unclaimed real estate inventory. Military decorations and memorabilia received as tangible unclaimed property will not be auctioned, and the Treasury Department will continue to search for the veterans and their families who acquired them.
The Treasury Department is working to repay more than $4.5 billion in unclaimed property owed by about 1 in 10 Pennsylvanians. Garrity said the average bill is worth about $1,600.
Since taking office, Mr. Garrity has returned $750 million worth of unclaimed property to Pennsylvanians, businesses, nonprofit organizations, and local government agencies.
To search for unclaimed property, visit patreasury.gov/unclaimed-property.
