ARIZONA NEWS

Arizona to auction off unclaimed property from safe deposit boxes

Jan 20, 2023, 12:15 PM | Updated: 12:16 pm

(Sierra Auction Photos)...

(Sierra Auction Photos)

(Sierra Auction Photos)

PHOENIX – An Arizona state agency will auction off unclaimed property from safe deposit boxes, with online-only bidding to begin next week.

The Arizona Department of Revenue said Friday the content of the boxes up for grabs to the public will include jewelry, gold coins, currency and collectibles that have gone unclaimed by owners for years.

Bidding will open at 10 a.m. Wednesday and close at 5 p.m. Sunday, the department said.

An in-person preview will be held from 10 a.m. to 3 p.m. next Friday at Sierra Auction, 4298 N. 35th Drive, Phoenix.

Profits from the sales will be transferred to a custodial account, where they will remain until claimed by the rightful owners of the sold items.

The agency’s Unclaimed Property Unit paid out more than $47 million to owners of unclaimed assets in fiscal year 2022, from July 1, 2021, to June 30, according to a press release.

Owners can get their property back if they include with their claim form a valid photo ID, such as a driver’s license or other applicable identification, and documentation linking them to the owner’s last known address, as reported by the company that filed the unclaimed property, the revenue office said.

Claimants also must provide documentation demonstrating a legal right to claim any property listed in another name.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

File photo of Phoenix Police cruiser with lights on at night...

KTAR.com

Collision leaves 1 dead, another seriously injured in north Phoenix

Police is investigating a collision that killed one adult man and seriously injured another in north Phoenix.

6 hours ago

File photo showing the side of a Phoenix police department SUV stopped in front of a wall on the si...

KTAR.com

South Phoenix collision leaves 1 dead, 2 others hospitalized

Phoenix detectives are investigating a collision Sunday morning that left one passenger dead, two other people hospitalized.

7 hours ago

(KTAR file photos)...

KTAR.com

Weekend wrap-up: Here are the biggest Phoenix news stories from March 1-3

From bad driving and airport expansions to crimes and sliders, here are some of the biggest stories in Phoenix from this weekend.

7 hours ago

The U.S. Supreme Court is seen, Thursday, Feb. 8, 2024, in Washington. The U.S. Supreme Court has h...

Associated Press

Supreme Court decision on Trump’s election status could come Monday morning

A SCOTUS decision could come Monday in the case about whether Trump can be kicked off the ballot over his efforts to undo his 2020 defeat.

8 hours ago

Republican presidential candidate former UN Ambassador Nikki Haley poses for a selfie after speakin...

Associated Press

Nikki Haley wins D.C. Republican primary, her first 2024 victory

Nikki Haley has won the Republican primary in the District of Columbia, notching her first victory of the 2024 campaign.

8 hours ago

FILE - A voting sign is seen near a voting center at Croft Baptist Church, Feb. 24, 2024, in Sparta...

Associated Press

A chunk of Republican primary and caucus voters say they wouldn’t vote for Trump as the GOP nominee

About 1 in 10 early contest voters who said they supported Trump in the 2020 general election said they wouldn’t be doing so this year.

11 hours ago

Sponsored Articles

...

DISC Desert Institute for Spine Care

Sciatica pain is treatable but surgery may be required

Sciatica pain is one of the most common ailments a person can face, and if not taken seriously, it could become one of the most harmful.

...

Day & Night Air Conditioning, Heating and Plumbing

Day & Night is looking for the oldest AC in the Valley

Does your air conditioner make weird noises or a burning smell when it starts? If so, you may be due for an AC unit replacement.

...

Day & Night Air Conditioning, Heating and Plumbing

Valley residents should be mindful of plumbing ahead of holidays

With Halloween in the rear-view and more holidays coming up, Day & Night recommends that Valley residents prepare accordingly.

Arizona to auction off unclaimed property from safe deposit boxes