Each year, the Wisconsin State Treasurer's Office receives the contents of safe deposit boxes from banks and other financial institutions that have been abandoned for at least five years.
The names of the contents’ owners are published in local newspapers and entered into Wisconsin’s Unclaimed Property online database. The contents are then stored in the state's vault for at least three more years. If the owner or their heirs do not come forward to claim the contents, the Treasurer's Office holds an auction of the contents.
The property is sold on eBay and the proceeds are held for the rightful owners or heirs. Properties to be auctioned include jewelry, coins, stamps and many miscellaneous and collectible items.
Over one million people and businesses have unclaimed property in Wisconsin totaling more than $352 million. Might you have unclaimed property? Search the Treasurer's database and find out www.statetreasury.wisconsin.gov.
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