- Associated Press - Monday, May 26, 2014

HELENA, Mont. (AP) - The Montana Department of Revenue is holding an auction beginning next month to sell unclaimed safe deposit box contents.

For the first time, the state will auction the items online because officials believe online auctions reach more bidders and fetch better prices.

Items to be auctioned include coins, jewelry and collectibles that banks and credit unions have held for more than five years and have turned over to the state.

According to KTVH-TV (https://bit.ly/1gpmHcf ), the department tries to find the original owners before putting the property up for auction.

If the property is sold, the state will hold the net proceeds from the auction until the rightful owners of the property or their heirs can claim their portion.



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Information from: KTVH-TV, https://www.ktvh.com

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