Luggage is never really lost, it's just misplaced.

So where is it? There's a good chance it's on a store shelf in northern Alabama, where the country's largest lost-baggage retailer sells everything from diamond-studded cuff links and pearls to boxer shorts and half-used cans of shaving cream.

The Unclaimed Baggage Center, which covers an entire city block, has an agreement with a number of U.S airlines to resell unclaimed luggage and its contents for half the original value.
http://www.nytimes.com/aponline/busi...t-Luggage.html