Treasurer McCord: Great "Cyber Monday" Gifts Only a Click Away at Treasury's eBay Store

HARRISBURG, Pa., Nov. 20, 2012 (GLOBE NEWSWIRE) -- Holiday shoppers who are seeking great deals on unique gifts should check out the Pennsylvania Treasury Department's unclaimed property eBay store this "Cyber Monday," said State Treasurer Rob McCord today.

"Treasury's unclaimed property eBay auction offers collectibles and gifts that often aren't found in traditional stores," said Treasurer McCord. "So rather than fight crowds on 'Black Friday,' check out the deals we offer through our eBay store from the comfort and convenience of your own computer. We've loaded up our store page with new items just in time for 'Cyber Monday.'"

This year's offers include great gifts for any budget, said Treasurer McCord, such as Cannon PowerShot digital cameras, a vintage Mattel Barbie, 14-karat gold diamond rings and pendants, a digital photo frame, a vintage hook and ladder toy, Nintendo and Sony electronic games and accessories (new in the box), and an assortment of power tools.

Visit www.patreasury.gov and drop down the "Unclaimed Property" tab to access the eBay store.

Pennsylvania was the first state to have a continuous eBay unclaimed property auction. Each year, Treasury receives millions of dollars in unclaimed property – things such as abandoned bank accounts, forgotten stocks, uncashed checks, and contents of safe deposit boxes. The tangible property items – jewelry, collectible coins, and medals – are kept in Treasury's vault. If attempts to locate the owner prove unsuccessful, the items are appraised and then auctioned on eBay. Proceeds of the auction are then maintained for the owner to claim.

To date, Treasury's eBay auction site has generated more than $4.7 million in sales for the Commonwealth since it went live in 2001.

Treasurer McCord also encouraged Pennsylvanians who shop the eBay store to search Treasury's free, searchable database at www.patreasury.gov to see whether they or their loved ones are owed unclaimed property. Treasury's Return Team is working to locate the rightful owners of $1.9 billion in unclaimed property.

"We estimate that one in ten Pennsylvanians has unclaimed property," said Treasurer McCord. "With the holiday shopping season upon us, who wouldn't like to have a bit more cash on hand? The average claim amount is $1,200 so it is worth a moment of your time to search www.patreasury.gov."

The Pennsylvania Treasury logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11427

CONTACT: Media contact: Michael Smith 717-787-2991 news@patreasury.gov

Source: Pennsylvania Treasury