People will bid on the items at a live auction on August 17 in Springfield, Illinois

People will bid on the items at a live auction on August 17 in Springfield, Illinois

Illinois unclaimed property auction will be held on August 17 in Springfield. Thousands of people will be able to bid on the rare coins, jewelry, and sports items at a live auction. A baseball signed by the 1985 Cubs is also included in the bidding list at auction.

Michael Frerichs, Illinois State Treasurer, has planned to auction off hundreds of items at the Illinois State Fairgrounds. The worth of the items is almost $150000. The Treasurer’s office released the details of items in a press release on Monday. There will be some of the unique items to be auctioned off in the live auction. The unique items include a five-dollar silver certificate of 1899, four Carson City Morgan dollars, and a .999 silver bar of 100-ounce.

Thomas Ferguson, the auction watcher, said, “It is hard to believe that people would just leave valuable items like this behind.” He called this auction an interesting one. The Treasurer’s Office said that they have $3 billion in money which the state got from lost paychecks, insurance proceedings, and rebates. If a rightful owner of any of these items comes forward in future with the proofs then the Treasurer’s office will give them the money for their item at which it sold in the auction.

The Treasurer’s office has changed the process of returning money to the rightful owners. Frerichs said, “We returned more than a quarter of a billion dollars to Illinois residents and businesses.” The state set a record last year in this regard.

The auction will be held on the 17th of August at 11 a.m. at Illinois State Fair. You can find the information about the items on the website of the Treasurer’s office. A baseball signed by the 1985 Chicago Cubs is the major highlight of the items to be auctioned off at Illinois State Fair.

Staff writer for the Chicago Morning Star

Related Posts
City Council Chambers to host City of Springfield Public Utilities meeting on Dec 11
Douglas A. Brown, the chief utility officer, released press news about the next meeting of
Springfield Police Department announces partnership with Gateway Foundation
The Springfield Police Department has announced its partnership with the Gateway Foundation for the implementation
Illinois voters feel that the state is moving forward on a right track: Survey Report
The research office of the University of Illinois Springfield and NPR Illinois conducted the 2019
Former Congressman LaHood appointed as Head of Lincoln Library
JB Pritzker appointed a former Republican congressman, Ray LaHood, as the head of the Abraham
City Council Chambers host swore in ceremony for eight new officers
SPRINGFIELD, IL. – A ceremony has been organized in the City Council Chambers in which
Bishop bars Catholic Democrats from receiving Communion
Two Catholic Democrats belonging from Chicago are barred from receiving communion in Springfield. The Democrats
Public housing authorities in US receive $2.7 billion from HUD
The US Department of Housing and Urban Development (HUD) has awarded $2.7 to the public
Palos Heights sales agent indicted on bribery conspiracy charges
Patrick J. Doherty, a 64-year-old Palos Heights man, has been indicted on the charges of
Naperville 911 (PSAP) extinguishes fire in single-family home in Proud Clarion Court
The Public Safety Answering Point (PSAP) of Naperville received an alarm about the fire in
Spanish Community Center volunteers to visit neighborhoods, encourage residents for 2020 Census
The volunteers from the Spanish Community Center (SCC) will start visiting their neighborhoods this weekend.