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1870-CC $20 Stolen from Brinks Shipment

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  • << <i>I bet in a PCGS holder it is a million dollar coin >>



    In this particular case the value would be the same wheter it is in NGC or PCGS....it is that rare. I have handled/placed 2 of the 1870-CC $20 one AU50 and one Au53 over the last 10 or so years and all of them are rough at best....looking at the image of the AU58 it appears to clearly be the nicest I have ever seen...IMHO
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  • Did I tell y'all about my new part time job with Brinks? image
  • MsMorrisineMsMorrisine Posts: 33,385 ✭✭✭✭✭


    << <i>Just another sign of the times. We seem to be devolving as a nation. >>



    can't help but agree.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • guitarwesguitarwes Posts: 9,266 ✭✭✭

    If it were me, thinking like an intelligent bad guy (which is a longshot at best most of the time), I would crack it out and carry it as a pocket piece for a while wearing it down to low AU or XF, bury it in the dirt for a few months, dig it up, then find the oldest junkiest leather wallet at a antique store, bury it again inside the wallet, dig it up and come forth with a created story about how my great-grandad found this a long time ago while working on some underground utilities in Louisana. It's been in the SDB ever since.



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  • ElcontadorElcontador Posts: 7,541 ✭✭✭✭✭
    My money is on a conspiracy between someone who had access to the coin and an unethical well-to-do collector. The exchange was made, and said collector will sit on the coin for at least a generation. The insurance bill check will be cut. Who knows how many years from now, the coin will resurface, and the lawyers will have a field day re the transfer of stolen property.

    I sincerely hope I am wrong about this.
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  • BAJJERFANBAJJERFAN Posts: 31,097 ✭✭✭✭✭


    << <i>

    << <i>Shouldn't be that many possibilities in regards to access to the Brinks bag... >>



    Indeed - a handful of possible candidates. >>



    Who knew the coin was in the shipment? Someone at PCGS and Heritage? Would Brinks people necessarily know? Hard to fathom that some random crackhead would just randomly pick that shipment and THAT coin.
    theknowitalltroll;
  • MsMorrisineMsMorrisine Posts: 33,385 ✭✭✭✭✭
    hypothesis:

    a single item in a small container with high value and light weight might say "steal me" to someone.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions


  • << <i>

    << <i>Just another sign of the times. We seem to be devolving as a nation. >>



    can't help but agree. >>



    ya because robbing people is a recent kind of thing. Stage coachs never got robbed back in the golden days. Some of you are kind of lame
  • hammered54hammered54 Posts: 750 ✭✭✭


    << <i>If it were me, thinking like an intelligent bad guy (which is a longshot at best most of the time), I would crack it out and carry it as a pocket piece for a while wearing it down to low AU or XF, bury it in the dirt for a few months, dig it up, then find the oldest junkiest leather wallet at a antique store, bury it again inside the wallet, dig it up and come forth with a created story about how my great-grandad found this a long time ago while working on some underground utilities in Louisana. It's been in the SDB ever since. >>



    ditto!!
    a week in the pocket...skip the dirt part...leather pouch in a sock drawer for a couple or years........off to the grader.
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  • MsMorrisineMsMorrisine Posts: 33,385 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Just another sign of the times. We seem to be devolving as a nation. >>



    can't help but agree. >>



    ya because robbing people is a recent kind of thing. Stage coachs never got robbed back in the golden days. Some of you are kind of lame >>




    no it's just all the coin thefts and robberies lately.

    (although, admittedly, the theif may not have even known this one was a coin)
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • PerryHallPerryHall Posts: 46,294 ✭✭✭✭✭
    A few years as a pocket piece will eliminate any distinguishing marks and it could then be a discovery piece that you found while metal detecting somewhere out west.

    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

  • leothelyonleothelyon Posts: 8,466 ✭✭✭✭✭
    I find it unusual for PCGS to cross a coin of this magnitude. NGC uses just about the worst plastic to slab coins with unless this has changed. I know it's been discussed here. Why would PCGS take on such a monumental grade guarantee grading a coin, whether it would cross, by grading it through any kind of plastic?

    Please enlighten me with the highest valued coins ever crossed by PCGS.

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • pennyanniepennyannie Posts: 3,929 ✭✭✭


    << <i>

    << <i>Wow, that coin is going to be hard to move. >>



    Which is why it may be melted and sold for scrap to destroy any evidence of its source. >>



    I think they will find the coin, but if not i think

    the coin IMO will get slightly altered, reholdered and sold down the road. I doubt it will be melted unless it is a last ditch attempt to avoid being nabbed. If you are brave enough to rob brinks i would hope you would nab more that 2k.



    Mark
    NGC registry V-Nickel proof #6!!!!
    working on proof shield nickels # 8 with a bullet!!!!

    RIP "BEAR"
  • relicsncoinsrelicsncoins Posts: 7,956 ✭✭✭✭✭


    << <i>

    << <i>Some crackhead has probably already cracked it out and pawned for the value of the gold. >>



    Do crackheads usually hit Brinks trucks? >>



    I'm not sure.........I don't presently know any that I know of anyway.
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  • telephoto1telephoto1 Posts: 4,923 ✭✭✭✭✭
    Inside job somewhere down the line of custody...and I'm willing to wager that the thief already had a willing buyer lined up.
    Much like those who own stolen artwork, etc. just to add to their holdings- and the items are only discovered after their demise.
    The insurance fraud angle doesn't add up to me... the piece had the potential to be bigger bucks if it crossed.
    Unless they thought it was an overgrade and had no shot...?

    RIP Mom- 1932-2012
  • PerryHallPerryHall Posts: 46,294 ✭✭✭✭✭


    << <i>Inside job somewhere down the line of custody...and I'm willing to wager that the thief already had a willing buyer lined up.
    Much like those who own stolen artwork, etc. just to add to their holdings- and the items are only discovered after their demise.
    The insurance fraud angle doesn't add up to me... the piece had the potential to be bigger bucks if it crossed.
    Unless they thought it was an overgrade and had no shot...? >>



    I just don't know how any true collector can enjoy owning a stolen coin. It would bother me every time I looked at it. How can there ever be any pride of ownership when you don't own it, you can't show it to others, and you could never display it.image



    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

  • MsMorrisineMsMorrisine Posts: 33,385 ✭✭✭✭✭
    There are selfish self-centered egotistical people out ther ewho think the "deserve" such things because they are esteemed enough to deserve them whist the rest of us in the hoi polloi couldn't possibly appreciate them.
    (they place themselves on the pedestal and take the works that deserve to go with them and their contrived higher position.)


    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Absolutely "crazy".
    Hope its resolved !!!
    Timbuk3
  • telephoto1telephoto1 Posts: 4,923 ✭✭✭✭✭


    << <i>

    << <i>Inside job somewhere down the line of custody...and I'm willing to wager that the thief already had a willing buyer lined up.
    Much like those who own stolen artwork, etc. just to add to their holdings- and the items are only discovered after their demise.
    The insurance fraud angle doesn't add up to me... the piece had the potential to be bigger bucks if it crossed.
    Unless they thought it was an overgrade and had no shot...? >>



    I just don't know how any true collector can enjoy owning a stolen coin. It would bother me every time I looked at it. How can there ever be any pride of ownership when you don't own it, you can't show it to others, and you could never display it.image >>



    Agreed, but for those type of people their only goal is to possess the item. Hopefully the piece will be recovered and the perps caught.

    RIP Mom- 1932-2012
  • morgansforevermorgansforever Posts: 8,462 ✭✭✭✭✭
    Anyone have anything new to report?
    The suspence is killing me.
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  • << <i>I find it unusual for PCGS to cross a coin of this magnitude. NGC uses just about the worst plastic to slab coins with unless this has changed. I know it's been discussed here. Why would PCGS take on such a monumental grade guarantee grading a coin, whether it would cross, by grading it through any kind of plastic?

    Please enlighten me with the highest valued coins ever crossed by PCGS. >>



    From the press release it looks like it's still in NGC plastic so it would seem that it DNC.


  • << <i>

    << <i>

    << <i>Some crackhead has probably already cracked it out and pawned for the value of the gold. >>



    Do crackheads usually hit Brinks trucks? >>



    I'm not sure.........I don't presently know any that I know of anyway. >>


    I doubt the average drug addict could hit a Brink's shipment.
    This is clearly an inside job.
    I'd be very much surprised if the culprit is not caught shortly.
  • pocketpiececommemspocketpiececommems Posts: 5,932 ✭✭✭✭✭
    Have there been any updates on this "missing" coin?
  • seateddimeseateddime Posts: 6,169 ✭✭✭
    Is the owner of the now second finest a suspect?

    I doubt it.

    This coin may be lost forever.

    Sad.
    I seldom check PM's but do check emails often jason@seated.org

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  • PTVETTERPTVETTER Posts: 5,971 ✭✭✭✭✭
    I would think it would be really big news if the coin gets recovered!

    I hope it does get discovered and goes to auction.image
    Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211


  • ZoinsZoins Posts: 34,352 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Inside job somewhere down the line of custody...and I'm willing to wager that the thief already had a willing buyer lined up.
    Much like those who own stolen artwork, etc. just to add to their holdings- and the items are only discovered after their demise.
    The insurance fraud angle doesn't add up to me... the piece had the potential to be bigger bucks if it crossed.
    Unless they thought it was an overgrade and had no shot...? >>



    I just don't know how any true collector can enjoy owning a stolen coin. It would bother me every time I looked at it. How can there ever be any pride of ownership when you don't own it, you can't show it to others, and you could never display it.image >>



    Agreed, but for those type of people their only goal is to possess the item. Hopefully the piece will be recovered and the perps caught. >>



    For some people, the goal is the theft, not even the item, e.g. Thomas Crown.
  • Why only that coin taken... if a crackhead, he's a numismatic genius.

    My vote, inside job. They need to solve it, MANY MANY expensive coins are shipped to and from PCGS and Heritage all the time..... folks might think twice if it's not safe.

    How sad.image
    I'm Just Sayin"


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