![]() ![]() If they cannot be found, the property is auctioned in order to clear space for more unclaimed items. Frerichs said the office tries for about 10 years to find the rightful owners of the property. The items being auctioned are unclaimed items that were held in safe-deposit boxes and eventually turned over to the treasurer's office. Hopefully, some of these people who come out for this auction will stay and have a corn dog, they'll have a lemon shakeup, ride some rides, walk around and see some of the great products that Illinois has offer." "That's why she started an unclaimed property live auction out here. "One of my predecessors, Judy Baar Topinka, loved this fair," Frerichs said. The highest-selling item was a gold bar, which went for $7,000. We have jewelry, which they're auctioning off right now we have coins, we have currency, we have stamps, we have sports memorabilia, there's really something for everyone."Īuction sales totaled $173,684, higher than the $150,000 the lots were collectively appraised at. "What I really love about this is there's really something for every collector out there. ![]() "We have a lot of interesting things here," Frerichs, who turned the reins over to the professional auctioneers after selling the baseball, said. Other items sold included an 1854 Indian Princess three-dollar gold coin, an 1893 World's Columbian Exposition ticket, a baseball signed by New York Yankees legend Joe DiMaggio and a plethora of rare coins and jewelry. The baseball was among 250 lots sold off at an unclaimed property live auction Frerichs' office hosted at the Illinois State Fair on Saturday. After about three minutes of bidding, the ball sold for $700. This made it all the more fitting that Frerichs served as auctioneer on the bidding for a baseball signed by the division-winning squad, which included Hall of Fame second baseman Ryne Sandberg and Cy Young Award winner Rick Sutcliffe. For an "11-year-old kid in a small town of 800 people" with "not a lot to do during the summer," the 1984 Chicago Cubs provided some excitement and a treasure trove of memories, Illinois Treasurer Mike Frerichs said Saturday, recalling his childhood. ![]()
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