The Boston Globe

Metro

Boston.com

State auctions unclaimed property on eBay, collects more than $400,000 for general fund

By Jaime Lutz

 |  Globe Correspondent  

  December 13, 2011

A state auction of unclaimed property netted taxpayers close to $434,000, the state treasurer’s office said today. The money raised, which amounted to 52 percent more than the appraised value of the items, will go to the Commonwealth’s General Fund, according to a statement from the office of Treasurer Steve Grossman. The auctioning process began on October 29. This is the seventh time Massachusetts has auctioned off unclaimed property through eBay.

Thank you for reading BostonGlobe.com. You have reached the monthly limit for free articles — to continue reading, get unlimited access to BostonGlobe.com now for just 99¢ for 8 weeks.

Unlimited access to BostonGlobe.com includes:

  • The FULL story all day: Enjoy all of the high-quality, in-depth journalism in the print edition of the Boston Globe — plus breaking news that's updated 24/7.
  • A truly reader-friendly format: It's online news that looks and reads just like the newspaper — uncluttered, uninterrupted.
  • Breakthrough technology: The responsive design automatically adapts content so it always reads perfectly on the digital device of your choice.
GET STARTED TODAY

Free access for home delivery subscribers.

Just need to link your home delivery account; one easy step.

Link my home delivery account

BostonGlobe.comSubscriber Log In

Contact us for help