You can now cash in on thousands of dollars worth of unclaimed property for just pennies on the dollar. Police departments across the country are now handing over things like electronics and jewelry for online bidding.
Propertyroom.com is where unclaimed property from police departments is being added everyday. You can bid on everything from coin collections to bicycles to flat screen televisions and even forfeited cars and trucks.
Every item comes from property rooms like the one at the Lawrence Police Department.
"There's bikes, televisions, unclaimed property, jewelry that we might located or that is found by other people," said Commander Curtis Bigsbee, Lawrence PD.
Alfred Taylor, 71, hopes police will recover his family belongings stolen out of their home on June first.
"Went in, took the wife's jewelry, rambled through her jewelry, got the best jewelry and I had an antique shot gun and they got it too," he said.
The Lawrence property room is packed with unclaimed items. Officers turn in lost or stolen property on a daily basis. None of these items are marked with any owner identification.
The Lawrence Police Department does everything it can to get lost or stolen property back to its rightful owner. But in many cases those items stack up in the property room, leaving police looking for a way to get rid of them.
That's where propertyroom.com helps.
"They contact us on a monthly basis to see what property we have," said Commander Bigsbee.
Alfred Taylor says it's important to make a record of your belongings, which is also what police advise.
"Take the serial number or something, or put some marking on it where they can identify it," said Taylor.
Once police departments exhaust all resources to find the rightful owner, they will turn the items over to Propertyroom.com. You must know the serial number of electronics in order to claim them from the police department before they go out for bidding.