Millions in unclaimed property to be auctioned off in Orlando

Millions in unclaimed property to be auctioned off in Orlando

August 27, 2019 2 By Luis Garrison


VALUABLES LEFT BEHIND THAT THE
STATE COLLECTS. AND WHEN THE VAULT GETS TOO
FULL, THEY’VE GOT TO DO
SOMETHING WITH IT. WESH 2’S MICHELLE MEREDITH WENT
TO THE PREVIEW. MICHELLE M: WHO LOSES TRACK OF A
RING THAT HAS 11 CARATS WORTH OF
DIAMONDS IN IT, A BASEBALL
SIGNED BY MICKEY MANTLE, OR A
7.5-CARAT EMERALD? IT HAPPENS EVERY DAY IN FLORIDA. IT’S CALLED UNCLAIMED PROPERTY,
AND THIS WEEKEND THESE ITEMS,
AND $640,000 WORTH OF VALUABLES,
ARE UP FOR SALE TO THE HIGHEST
BIDDER.>>THERE’S A HANK AARON CARD. RICKY HENDERSON, MICKEY MANTLE. MICHELLE: FRIDAY IS PREVIEW DAY
AT THE DOUBLE TREE HOTEL BY THE
AIRPORT. ROWS AND ROWS OF JUST ABOUT
EVERYTHING YOU CAN THINK OF,
STAMPS, SILVERWARE, JEWELRY, AND
SOME THINGS YOU WOULDN’T THINK
OF, LIKE THIS ANTIQUE LAMP WITH
A STARTING VALUE HIGHER THAN THE MICKEY MANTLE BASEBALL, $630. SO WHAT IS UNCLAIMED PROPERTY? IT IS THE THINGS PEOPLE PUT IN
BANK SAFETY DEPOSIT BOXES LIKE
BONDS, STOCKS, JEWELRY AREA THEY
DIE, THE FAMILY HAS NO IDEA IT
IS IN THERE, THINGS LIKE THIS
2.5 CARAT DIAMOND RING. AFTER A PERIOD OF YEARS, IF THE
OWNER IS NOT FOUND, THE
UNCLAIMED PROPERTY IS SOLD AT
AUCTION. CURRENTLY THE STATE IS HOLDING
$2 BILLION — BILLION WITH A B
— WORTH.>>JUST IN THE GREATER ORLANDO
AREA IDENTIFIED BY LAST KNOWN
ADDRESS THAT WE HAVE ON FILE,
THERE IS OVER $312 MILLION WORTH
OF UNCLAIMED PROPERTY JUST IN
THE GREATER ORLANDO AREA. MICHELLE: THE AUCTION BRINGS OUT
THE CURIOUS AND THE COLLECTORS. ARMANDO IS LOOKING FOR COINS. WHAT IS IT LIKE FOR YOU?>>IT’S LIKE TREASURE HUNT. MICHELLE: THE AUCTION STARTS
SATURDAY MORNING AT 9:00, AND
THAT’S WHEN ONE MAN’S TRASH AND
VALUABLES BECOMES ANOTHER MAN’S
TREASURE. IN ORANGE COUNTY, MICH