$65 million that belongs to Colorado Springs residents remains unclaimed at the state treasury office
DENVER, Colo. (KRDO) -- Colorado State Treasurer Dave Young wants to put more than $500 million in cash and valuables back into the pockets of people across Colorado.
$65 million in unclaimed property belonging to just Colorado Springs residents is sitting inside a vault at the Colorado Office of the Treasury.
Inside the vault, there are contents of safe deposit boxes that have gone unclaimed over time. Some of the boxes include diamond rings, Purple Heart medals, valuable baseball cards, and even ingots of pure silver. There are some oddities too, like Walgreens receipts and even a locket necklace made out of human hair.
Some of these items could even belong to you, without any prior knowledge.
Bianca Gardelli, the director of unclaimed property for the treasury has the unique task of tracking down the next of kin for any and all of the items.
According to Gardelli, when an individual or company can't find you to issue an owed payment, refund, or rebate, they are required to send it to the treasury, under state statute.
In Colorado Springs alone, there are more than 576,000 unfilled claims with the state holding nearly $65 million in cash.
The treasury does eventually sell non-military items on places like eBay, but the profit sits in the owner's name. For example, if the state sold a baseball card for $1,000, the $1,000 would be issued to the
If you want to see what the state may have of yours, search their database here.