Iowa Unclaimed Property Auction Underway

(Des Moines, IA) — Abandoned safety deposit boxes are being auctioned off in Iowa. State Treasurer Roby Smith says banks turn over abandoned safe deposit boxes to the state every year. The Treasurer’s Office looks for the owner, but items that have been held for more than 10 years are being put up for auction. Lone Star Auctioneers are hosting the auctions, which are open through June 14. Jewelry, foreign money, pocket watches, sports cards, and more are up for auction.

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