The state of Florida is holding over $1 billion in unclaimed money and unclaimed property. Florida’s website defines unclaimed money as mostly from dormant accounts in financial institutions, insurance and utility companies, securities and trust holdings. In addition to money and securities, unclaimed property includes tangible property such as watches, jewelry, coins, currency, stamps, historical items and other miscellaneous articles from abandoned safe deposit boxes. Their site has a database, however it does not let you search partial names. For instance, if you type last name smith, and only a partial first name, it only gives you the names matching the partial first name exactly. Meaning if you type J Smith, it will only give you results for J Smith, not John Smith. In addition, no matter what you type, it will only give you up to four pages of results, meaning that if your claim exists and would be on page 5 you would not see it on the Florida website. They do partner with missing money which will give you better searching options when looking for Florida unclaimed money, so we would suggest searching there.
Florida Unclaimed Money Auctions
The state of Florida also holds a few auctions each year for the various unclaimed property items that have gone unclaimed. Items are usually contents of security deposit boxes not willed properly after a loved one passes away. This past July Florida held one of its two auctions. This auction featured over 50,000 items with an estimated value of over $630,000. The most notable items included a 12 pound bar of silver from a shipwreck off the Keys in the 1600’s. Other notable items include 4.3 carat diamond earrings and Rolex watches. Florida unclaimed money department has yet to release its auctions for 2018, but you can sign up for updates once an auction is posted.