Unclaimed Property Sales and Auctions: Strange Ways to Make and Save Money

Places like airports, businesses, theme parks, and even the post office are often stuck with property that cannot be returned or delivered to its proper owner.

Baggage turns up at the airport and no one claims it. The mail service has packages that go unclaimed or things that become damaged in handling and separated from their shipping labels so that the owners are unknown. Businesses and theme parks have lost and found departments that frequently overflow with unclaimed property. Police and sheriff’s departments often end up with items that have been seized, abandoned, or that remain after an investigation is complete. Even states have auctions of property such as the unclaimed conten...

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