| June 20 Public Auction |
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Are you a coin collector? How about sports trading cards? Or maybe you like unusual jewelry. If so, plan to attend the Department of State Lands' upcoming auction of items that have been abandoned in safe deposit boxes.
 The public oral auction will be held June 20 at Parrish Middle School in Salem, 802 Capitol St. NE, starting at 9:30 a.m. An auction preview is scheduled for Friday, June 19, 1:00 - 4:00 p.m. at Parrish. An additional preview will precede the auction on Saturday, beginning at 8:30 a.m.
Every year, DSL receives hundreds of boxes, envelopes and packages containing the contents of abandoned safe deposit boxes. Financial institutions must turn over the contents to the state when owners have not kept up rental payments and when they are not able to be located.
DSL's Unclaimed Property Section staff looks for owners by posting their names on the searchable database on the Web and by performing some specialized individual searches. Any contents that haven't been claimed within two years are sold at public auction.
"Our auctions are very popular and feature fun and interesting items. Last year's January event filled the school cafeteria, with more than 300 people attending." said program manager Patrick Tate.
All proceeds from safe-deposit box auctions are held in trust in the Common School Fund and made available for claim by rightful owners at any time in the future. The fund sends twice-yearly distributions to all of Oregon's K-12 public schools. In 2008, nearly $55.4 million was sent to Oregon's 197 school districts.
The June 20 auction will be conducted by Liska Auctioneers.
Coin Catalog
Jewelry Catalog
Estates Lots Catalog
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