{"id":126296,"date":"2024-01-03T18:40:37","date_gmt":"2024-01-03T23:40:37","guid":{"rendered":"https:\/\/www.thevalleyledger.com\/?p=126296"},"modified":"2024-01-03T18:40:37","modified_gmt":"2024-01-03T23:40:37","slug":"treasurer-stacy-garrity-announces-new-record-for-unclaimed-property-auction-proceeds","status":"publish","type":"post","link":"https:\/\/www.thevalleyledger.com\/?p=126296","title":{"rendered":"Treasurer Stacy Garrity Announces New Record for Unclaimed Property Auction Proceeds"},"content":{"rendered":"

More than $298,000 generated from fall unclaimed property auction<\/em><\/strong><\/p>\n

Harrisburg, PA\u00a0<\/strong>\u2014 Treasurer Stacy Garrity announced today that Treasury\u2019s fall unclaimed property auction brought in more than $298,000, the most ever generated by an unclaimed property auction in Pennsylvania. All proceeds are carefully logged by Treasury and will remain available for the rightful owners to claim no matter how much time passes.<\/p>\n

\u201cThis is outstanding news, and we\u2019re very pleased that the auction generated such an incredible result,\u201d Treasurer Garrity said. \u201cWe work for at least three years to find the rightful owners of every item that comes to Treasury\u2019s vault. But eventually, we do have to auction items to make room for incoming property. All auction proceeds remain at Treasury for a rightful owner to claim anytime \u2013 whether that\u2019s tomorrow, a few months from now, or many years down the road.\u201d<\/p>\n

More than 4,200 items were sold during the auction that took place online on October 25 and 26, 2023. Treasury partners with Pook & Pook, Inc., of Downingtown for auctioneer and appraisal services.<\/p>\n

\u201cThis was another tremendously successful collaboration with the Pennsylvania Treasury,\u201d President of Pook & Pook Deidre Pook Magarelli said. \u201cI believe this was our biggest Coins & Jewelry auction to date, and strong prices were achieved across the board in all categories. I\u2019m continually impressed with the stellar effort the Pennsylvania Treasury puts forth into reuniting unclaimed property with its original owners, and, when that is not possible, making sure that monetary compensation for that unclaimed property is available to those individuals in perpetuity. It\u2019s a huge undertaking, and Pook & Pook appreciates playing a part in this important process. We look forward to our next collaboration, a Coins & Jewelry auction scheduled for March 27, 2024.\u201d<\/p>\n

The highest selling price of a Treasury item was $27,000 for a collection of 25 early baseball tobacco cards, including Cy Young, Pennsylvania\u2019s own Christy Mathewson and other Hall of Famers. Other high-price items included:<\/p>\n