The state of Florida’s unclaimed property auction held in Jacksonville over the weekend generated more than $1.5 million.
The News Service of Florida reports the most expensive item was a diamond ring that sold for $100,000.
The state picks a different city each year where it auctions off items found in abandoned safe deposit boxes. The items first go to a vault in Tallahassee for two years while the state tries to locate their owners.
The money raised goes into a state education trust fund, but owners who come forward after their property has been auctioned can still claim the proceeds from the sale.
