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Unclaimed Florida Property To Be Sold

Unclaimed Florida Property To Be Sold

Time is running out to claim a record $188 million in unclaimed property from 2009 in Florida.


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TALLAHASSEE, Fla. (AP) - You've just got a few days left to claim that forgotten Rolex watch, gold bar salvaged from a ship wreck or platinum necklace with 214 diamonds.

If no one claims those and more than 40,000 other items from abandoned safe deposit boxes they'll be sold on Aug. 21 at the Florida Hotel and Conference Center in Orlando.

They are expected to fetch the state at least $600,000 during Florida's annual unclaimed property auction.

The items are listed on a state website, www.fltreasurehunt.org

Unclaimed cash goes into an account that funds schools.

Most items and cash, though, are return to their owners or their heirs. In 48 years more than $1.6 billion has been returned including a record $188 million in the past year.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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