News

Annual unclaimed property auction in Las Vegas Saturday

THE ASSOCIATED PRESS

December 2, 2011 - 9:00 am

An annual auction to sell unclaimed property in Nevada will be held Saturday in Las Vegas.

State Treasurer Kate Marshall said more than 330 items, including coins and jewelry, will go to the highest bidder.

The items to be auctioned are from safety deposit boxes that became dormant.

Marshall said last year's auction brought in around $90,000.

The Nevada Unclaimed Property Division tries to reunite rightful owners with their property. Items are sold after a mandatory waiting period if owners cannot be located.

If owners or their heirs are found afterward, they can still claim the value of the property.

Registration for Saturday's auction begins at 9 a.m. at the Grant Sawyer Building in Las Vegas. Bidding starts at noon.

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