Contributed Article/Courtesy ADOR
PHOENIX – The Arizona Department of Revenue (ADOR) will hold its annual public auction of unclaimed property items from abandoned safe deposit boxes beginning Wednesday, February 28, 2024. Items for sale include jewelry, coins, currency, and various collectible items that their owners have not claimed after many years.
Unclaimed Property Auction Online only at www.sierraauction.com, Wednesday, Feb. 28 at noon until Sunday, March 3 at 5 p.m.
In-person Preview Day
Sierra Auction Management, Inc., 4298 N. 35th Drive, Phoenix, AZ 85019, Friday, March 1 from 10 a.m. to 4 p.m.
Once again, this year’s sale will be held online only. The Arizona Department of Revenue will sell the contents of safe deposit boxes to the highest bidder. The items can be viewed at www.sierra auction.com. Proceeds from items sold from the auction are transferred to a custodial account where the funds will remain for the rightful owners to claim.
Assets from abandoned safe deposit boxes make up a portion of unclaimed money the Arizona Department of Revenue safeguards until the funds can be returned to claimants. ADOR’s Unclaimed Property Unit returns millions of dollars of unclaimed assets to their rightful owners annually. In fiscal year 2023 (July 1, 2022, to June 30, 2023), more than $61 million was returned.
For more information about the Department of Revenue’s Unclaimed Property Unit and how to search to see if you have unclaimed assets, visit https://azdor.gov/unclaimed-property.
