Major gold theft
logger7
Posts: 9,006 ✭✭✭✭✭
Investigating Agency: Confidential
Offense: Theft
Location: Oklahoma City, OK
Date of Offense: 7/16/2025
NCIC is assisting a financial institution and a Federal Law Enforcement Agency in the investigation of a major gold theft. The offense resulted in the loss of $15 million dollars in one ounce American gold eagles. The financial institution is offering a $50,000 reward for the recovery of the gold and the positive identification of the suspects.
The attachment below will provide additional details.
https://files.constantcontact.com/f0e00abc001/248a9964-63c2-46b1-b225-42a3cacadd08.pdf
On July 9, 2025, a financial institution arranged for the purchase of $15,000,000 in American Eagle
Gold Coins on behalf of an alleged new client.
The gold coins were delivered to a secure facility in Oklahoma City, OK on July 16, 2025. At 3:05pm
on July 16, 2025, two individuals purported to be associated with the alleged new client arrived at
the facility and provided documents and identification authorizing them to take possession of the
gold coins.
It was later discovered that the two individuals were part of an elaborate scheme that resulted in
the theft of the gold coins.
Photographs from the IDs provided from the incident are provided below.
The financial institution is offering a $50,000 reward for information leading to the recovery of the
gold coins and the positive identification of the two individuals involved.
Please submit your confidential tips to Diligence International Group:
(469) 726-3439
tips@digroup-us.com
Possible Descriptors
Sex: M
Hair: Black
Eyes: Brown
Height: 5’9
Weight: 161 lb
Sex: F
Height: 5’5
Oklahoma City Theft
Anyone with information contact:
Doug Davis
817-723-7231
Doug@numismaticcrimes.org
Comments
Did someone break into their vault and steal the eagles? Or is this a shipping loss?
Heads up to the dealers! If you’re offered $15 million in 1 oz Gold Eagles at the ANA convention next month, be sure to ask the seller for his drivers license!
Doggedly collecting coins of the Central American Republic.
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I’m very sorry to hear that. Why did you write “ Who else but Apmex?” ? Are they the only company you think could suffer a “major gold theft”?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Who else has 4,477 single gold once ounce eagles available for a theft?
I ask sincerely.
I'd think AMEX is about the only firm.
peacockcoins
I wonder how it happened. You can't just roll in and steal that much stuff.
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
No but in Oklahoma City is there anyone else?
It will be very hard for the thief to sell such high value coin unless he already has a buyer.
That's about 307 pounds
I don’t know if they’re the only such firm but it wouldn’t surprise me if there were others.
That aside, if the question “Who else but Apmex?” had been at the end of the post (after the details were disclosed) rather than the beginning, it wouldn’t have aroused my curiosity the same way.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Apparently not. But as I mentioned in my reply to @braddick, your question appeared before the details of the theft.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Ok, I pulled it off. Over 5000 ounces, it is conceivable there are other financial institutions that would be getting that much.
$15 million dollars in one ounce American gold eagles. The financial institution is offering a $50,000 reward for the recovery of the gold and the positive identification of the suspects.
A $50,000 reward for the return of 15 million? What a bunch of tightwads
Wisdom has been chasing you but, you've always been faster
Simply on moral grounds and doing the right thing, if anyone has details has to who commited this grand theft, giving the police incriminating details that convict the wrong-doers should be offered even without an award. Agree?
peacockcoins
In theory, yes. But the kind of person who has the necessary details would probably be marginally involved or close to people who are, and they would need some incentive to rat out the perpetrators. They might even be in danger of retaliation, so the incentive might need to be big enough that they can relocate.
These dudes that carry out these big thefts don't act alone. They're part of big theft rings that act all around the country. Lots of times these rings are really dangerous and operate somewhat like the cartels. IMO 50k isn't a large enough compensation to warrant someone turning details in.
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
One thing I’ve learned on the forum is that you do not want to arouse Mark.
Is APMEX considered a 'financial institution'? Would Heritage also be considered a 'financial institution'?
It's been a while since I've dealt with them(APMEX), and I'm not sure that their "Gold Depository" for their customers is still available?
If Bullion storage is part of their platform, then I would say yes, they are a financial institution. Just a guess?
Probably not, under the strictist of definitions.
peacockcoins
...or make him angry.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Looks like it is, under the Citadel name.
Link: https://www.apmex.com/storage/gold-and-silver-storage
If it's not physically in your hands YOU DON'T OWN IT.
Honestly, when it stated oklahoma city, and that much, First thing I thought was "wonder if it was apmex?"
It would be intresting to know the details, and how they managed to pull that off with that type of firm if so. One of the larger bullion firms I know, and seen first hand, security is extremely tight, and vault is heavily fortified.
Assuming that there was some rounding done, I am going to assume 9 monster boxes of 500 coins each.
Gross weight on 4500 one ounce eagles is approx. 335 pounds. Add in the tubes and boxes and strapping, and I would guess about 360 pounds.
Edited to add: That would make each box about 40 pounds with a nice, convenient strap to grab. Heck, I'm handicapped and I could move 9 individual boxes into a car in just a couple of minutes.
My immediate thought the second I saw the details. No doubt it has to be the Big A solely based on location. Are there details regarding the "theft"? THKS!
Heavy!
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
I understand the point you’re trying to make, but as stated, your comment is obviously incorrect.
While there could be a theft or conversion of the property, that doesn’t mean you don’t own it.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
This story will make for a fun Netflix special some day. How easily could a huge lot like this leave the country undetected?
Custom album maker and numismatic photographer.
Need a personalized album made? Design it on the website below and I'll build it for you.
https://www.donahuenumismatics.com/.
Just curious, what is the source of this report? When I google it, nothing pops up.
NCIC. It's credible.
This story must be under wraps to avoid negative publicity. Google doesn't show any such current story except for the older gold theft reports of prior years.
Formerly known as deadmunny
Positive transactions with: slantycouch, dontippet, Gerard, Scrapman1077, USMC_6115, rah1959
The way this is being kept discreet and not made public leads me to believe this could be a longer term, elaborate scheme rather than some smash and grab heist. I would think that if it was the latter, they would want to get word out to the public so merchants could be aware of anyone trying to liquidate massive sums of gold. If there's no publicity, the reward seems less effective than it could be.
Founder- Peak Rarities
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may be overseas
I guarantee I won't be selling it on the BST for $2800 a pop.
I'm being practical not theoretical. Don't trust someone else to safekeep it for you. Many have been burned when the PMs they thought they had weren't where they were supposed to have been stored. You may own it, but you won't have it.
If this is the first public disclosure of a crime that happened on 7/16/2025 I'm think this gold is out of the country and possibly no longer American gold eagles (total.speculation).
Question, if these coins were melted down is there anyway to trace the gold back to these particular coins?
Since AGEs aren't pure gold they would most likely have the copper and silver refined out.
> Question, if these coins were melted down is there anyway to trace the gold back to these particular coins?
Nope, and even if they weren’t melted down, there’s still no way to trace these particular coins. A haul like this is a thieve’s fantasy, arguably the most untraceable item someone could possibly steal.
Founder- Peak Rarities
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How long you been in jail. You're clear!
No need, they have no serial numbers and they're globally liquid. Trying to sell a big home-made ingot would raise more suspicion than groups of AGE's.
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Not possible.
My YouTube Channel
As I posted previously, I understood the point you were trying to make. But you could just as easily have done so without stating something that’s clearly wrong - “If it's not physically in your hands YOU DON'T OWN IT.”
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
If it's not physically in your hands, YOU DON"T POSSESS IT.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
That’s an improvement over “If it's not physically in your hands YOU DON'T OWN IT.”
But, since “possess” can mean to “have” or “own”, it’s still incorrect. Next? 😀
https://www.merriam-webster.com › dictionary › possess
1. a : to have and hold as property : own b : to have as an attribute, knowledge, or skill 2. a : to seize and take control of : take into one's possession.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@BAJJERFAN made his original point in an abbreviated way that was immediately understood (and with which many people would agree). For some reason you felt a need to correct him, and he then expanded on his comment to provide the full explanation, which was already understood.
You then felt a need to comment further to make the same point again.
You risk turning into another member who routinely does the same sort of thing, which is not a good look for you. Nit-picking derails and destroys these threads.
For the record, yes, you do legally own the precious metals that you buy but choose to let the seller store for you. If the seller was a fraudster or was legitimate but goes bankrupt, yes, you can hire a lawyer and attempt to recover your assets. But all of that costs money and you will likely never see your precious metals. If you take delivery upon purchase, all of that is avoided.
"Location: Oklahoma City"
Is there an Oklahoma City in Belarus? 😄
That would also mean that if it were locked in the safe in your house (not physically in your hands) that you don't possess it. I really don't want to carry around everything i own to maintain "possession".
By extension, when you leave the house to go to dinner you are giving up possession of the house itself.
Guilty, as charged - that’s one among other flaws of mine.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Wonder why nobody posted any of the information that was attached to the NCIC notice about the Diligence International Group or the possible descriptors that were included.
Please submit your confidential tips to Diligence International Group:
(469) 726-3439
tips@digroup-us.com
Raises interesting questions:
Who was the end owner? A pm dealer? Or customers with "vault" coins?
Are they insured, and if so which insurer is on the hook?
If they are customer coins, are they allocated to specific customers, or unallocated "pool" accounts?
There are significant security implications for anyone storing high value collections, regardless of whether they are affected by this incident.