UPDATE: Unclaimed treasure state auction rakes in almost $300,000; money held for owners

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UPDATE: State Treasurer Ken Miller said the unclaimed property auction Wednesday raked in more than $285,000.

Auctioneers sold the contents of about 750 abandoned safety deposit boxes to make room in the treasurer’s vault.

Some of the big ticket items included gold bullion that sold for $8,700, six silver bars brought in $11,000 and a collection of 67 class rings sold for $19,000.

We’re told the money from the auctioned items will be held for the rightful owners.

Miller said this sale raised more money than the three previous auctions combined.

OKLAHOMA CITY – Unclaimed treasures are scheduled to be up for auction Wednesday morning.

The state has deemed more than 750 safe deposit boxes abandoned and now the contents including jewelry, stock certificates and other valuables will be sold to the highest bidder.

The auction starts at 9 a.m. at Dakil Auctioneers.

The money raised from the sale will be held until the rightful owner comes to collect it.

Officials said the state will get to keep the interest gained from the account.

MORE: Full details on auction and items