Illinois Treasurer Is Auctioning Off Unclaimed Property This Week

You might not know this, but according to Illinois State Treasurer Michael Frerichs' office, Illinois' iCash program hit a milestone just a few days back on June 13th.

When you include forgotten bank accounts, unpaid life insurance benefits, along with the contents of safe deposit boxes, Illinois' iCash program has now returned $2 billion in unclaimed property that had previously been turned over to the Illinois State Treasurer.

In reading about the Illinois State Treasurer's Office hitting this big-dollar number, I also learned that here in the State of Illinois, one in four people (25%) actually have unclaimed property, and the average amount totals up to $1,000.

(It might be worth your time to check and see if you do, by clicking here)

Starting Today (Monday, June 17th) And Running All This Week, The Illinois State Treasurer's Office Is Holding An Online Auction Of More Unclaimed Property

As I mentioned earlier, the Illinois State Treasurer's Office will not be auctioning off piles of cash or the proceeds of an unclaimed life insurance policy, but they do have lots and lots of items, including some very valuable pieces, according to the auction website.

Some of the items that were just added to the auction this morning include:

• Lady Elgin Wrist Watch G.F # 619
• 1979 Krugerrand One Ounce Fine Gold
• 25 Silver Eagles
• 20 1964 Canadian Silver Dollars
• 5 Morgan Silver Dollars
• 1903S Liberty Head Five Dollar Gold Piece
• 10 U.S. Commemorative Half Dollars
• 1883CC, 1884CC Morgan Silver Dollars

But wait, there's more!

Okay, Maybe Gold Watches, Coins, Or Krugerrands Really Don't Hold Much Interest For You--There Are A Lot Of Other Items That Might

Just browsing through the different lot numbers on the auction website, I'm seeing all sorts of things pop up on the auction block. Here are just a few examples:

• Tools
• Vending machines
• Pallets of mixed items
• Lighting equipment
• Carpet
• Clothing of all sorts
• Cabinets
• Aircraft parts
• Boats
• Computer equipment
• Furniture
• Medical, dental and veterinary equipment
• Motorcycles
• Vehicles
• Hand tools and shop equipment

Here's what the auction looked like last year: