ALBUQUERQUE (KRQE) - Outside the Albuquerque Convention Center, bins and boxes were being unloaded from a trailer Thursday afternoon.
Inside are thousands of unclaimed treasures, taken from abandoned safe deposit boxes and turned into the state.
There's a wide range of valuables from cognac to comic books to countless gold and silver coins.
In all, more than 750 lots will be auctioned off Saturday with more than 8,100 other items set to be sold online in the weeks after.
"Saturday's auction ought to do somewhere between $400,000 and $800,000," said C.L. Bentley, CEO of Bentley's Auctions, the company running the auction.
But what you won't see are a handful of items that have been pulled off the auction block because families have stepped forward to claim the unclaimed goods.
The most valuable of the items taken off auction is a 7-pound gold bar. The heirs of an Albuquerque attorney stepped forward to claim the six-figure hunk of metal last week. The state is still checking to see if that claim is legitimate.
That gold bar isn't the only item no longer for sale, though.
"We've had eight claims come in so far within the last eight days," said Stephanie Dennis, the state's unclaimed property administrator. "In a year we do not return that many items."
Among the property claimed is a pocket watch with the inscription "From Mother and Father" on the outside and a short poem on the inside. One woman stepped forward to claim a ring and necklace.
"The daughter-in-law was left on the box with her mother-in-law and they were co-owners on the box ,and from what I understand, the ring and necklace belonged to the mother," Dennis said.
Dennis tells KRQE News 13 it will be good to get rid of items the state's been collecting for two decades in some cases, but she says it's bittersweet because a lot of what's sold is part of someone's history.
"We are selling people's heirlooms," Dennis said. "The wedding sets are the hardest because it probably belonged to somebody in the family, maybe to their great-grandparents and the family is losing that."
It's not too late to claim items going up on the auction block. Even after an item's sold, if a previous owner can prove it was theirs, the state will pay buyers the amount it sold for at auction, excluding fees.
The state is also holding onto about $138 million in unclaimed cash, too, all of which is listed at missingmoney.com .
Correction: In the broadcast version of this story, the the amount of unclaimed money the state is holding was cited incorrectly.
Some brazen thieves made off with a man's prized possession, and now the victim is hoping for some holiday justice. Little did the suspects' know, their entire crime was caught on camera.
After a solid win versus Rio Grande rival NMSU earlier in the week, the Lobos continue their tough play defeating Cincinnati 63-54.
The Lobos Men's soccer team advances to the College Cup after a 1-0 win over Washington in Seattle.
Authorities in Valencia County say a man broke into his girlfriend’s home and attacked her and her mother with a hatchet.
Albuquerque may have the biggest paint-by-number drawing in the New Mexico, and soon, a neighborhood will pitch in to finish it.
A vehicle used in war will soon hit the streets in Farmington.