2021 Live Unclaimed Property Auction
An 1827 Bust half dollar coin, vintage 18K yellow gold manual wind Patek Philippe men’s watch, commemorative Olympic coins and sport memorabilia, including cards for Chicago legends Michael Jordan and Frank Thomas, are among the unclaimed property items worth nearly $150,000 to be auctioned off. The treasurer's office is excited to bring back the live unclaimed property auction at the Illinois State Fair to give collectors a rare opportunity to bid on items in person. This auction is to be held on Saturday, August 21, 2021, at the Illinois State Fairgrounds, Lincoln Stage, starting at 11 a.m. All items will be displayed at the preview event prior to the auction from 9 am - 11 am.
The Illinois Treasurer is the state’s chief investment officer and Frerichs is a Certified Public Finance Officer. He protects consumers by encouraging savings plans for college or trade school, increasing financial education among all ages, and removing barriers to a secure retirement. As the state’s chief investment officer, he actively manages approximately $30 billion. The portfolio includes $13 billion in state funds, $7 billion in college savings plans and $5 billion on behalf of local and state governments. The investment approach is cautious to ensure the preservation of capital and returns $28 to the state for every $1 spent in operations. The treasurer’s office predates Illinois incorporation in 1818. Voters in 1848 chose to make it an elected office.
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