suntimes
GRINCHY 
Weather Updates

Long-forgotten diamond ring part of state’s $103,000 auction haul

This long forgotten ring was auctioned off by state as part $103000 haul forgotten unclaimed property.

This long forgotten ring was auctioned off by the state as part of a $103,000 haul of forgotten and unclaimed property.

storyidforme: 29008853
tmspicid: 10486679
fileheaderid: 4825713

Updated: May 18, 2012 9:54AM



SPRINGFIELD — It could have been a mother’s diamond engagement ring or one someone had set aside in a safe-deposit box for the moment when he met that special someone.

Whatever its story, this piece of long-forgotten jewelry was auctioned off with thousands of other items by state Treasurer Dan Rutherford as part of his office’s unclaimed property auction.

The seven-day sale sold 14,734 of nearly 15,000 pieces of unclaimed property after original owners had not stepped forward to claim the items after more than five years. The total haul from the auction was more than $103,000.

Items for sale ranged from the diamond ring to loose jewels to coin lots. The sale price of each item was required to reach at least 75 percent of its appraised value before Rutherford’s office would relinquish it.

Dave McKinney



© 2014 Sun-Times Media, LLC. All rights reserved. This material may not be copied or distributed without permission. For more information about reprints and permissions, visit www.suntimesreprints.com. To order a reprint of this article, click here.