SC to auction off unclaimed property - WTOC-TV: Savannah, Beaufort, SC, News, Weather & Sports

SC to auction off unclaimed property

Source: SC Treasurer's Office website Source: SC Treasurer's Office website

SAVANNAH, GA (WTOC) - This month, South Carolina bidders can look over some treasures left in an estimated 300 abandoned safe deposit boxes.

The state treasurer's office has searched for the rightful owners for more than a decade, and now will sell items online to raise money for the cash-strapped state. The Palmetto Payback Program will hold first auction starts Monday. Items include bank accounts, stock certificates, checks, insurance policies and utility deposits, according to the treasurer's website.

It's expected to bring in about $50,000.

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