Home Precious Metals

Yreka Gold Heist's "Perfect Timing"

Thieves in northern California made off with millions of dollars in gold from a local courthouse, and a Los Angeles gold buyer said their timing was impeccable.
$3 million
Many successful BST transactions ajia
(x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
mariner67, and Mikes coins

Comments

  • unbelievable...some security....
    "I'm dropping my standards so that I can buy more"
  • NumisMeNumisMe Posts: 841 ✭✭
    << Strict rules require gold buyers to wait 35 days before their sell a piece. In the meantime, the seller’s personal information and thumb print are sent to the local police to check and file.
    Gold nuggets are a rare sight to see at gold-buying stores, Carmody said. Usually pure gold is in the form of a bar, and the largest nuggets he’s seen have been the size of a fingertip.
    Selling $3 million of gold nuggets would require breaking up the pot and selling it piecemeal, he said.
    But even then, red flags would go up.
    "We do have our radars up, because if we accidently bought something stolen, we have to return it to police," Carmody said. "So, we would still loose."

    Source: Yreka Gold Heist's "Perfect Timing" | NBC San Diego >>



    Is this guy for real, or is he just not wanting to give the thieves any ideas about what to do with thier booty?
    Any idiot with half a brain would just melt it down and form it into bars.
    They are not going to try to pawn it off, or sell it as is.

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    The 'We Buy Gold' hucksters ask no questions and give cash on the spot. And, they have gold testers to check nuggets as well. Anyone who thinks gold is not immediately liquid needs serious education. Cheers, RickO


  • << <i>The 'We Buy Gold' hucksters ask no questions and give cash on the spot. And, they have gold testers to check nuggets as well. Anyone who thinks gold is not immediately liquid needs serious education. Cheers, RickO >>



    My local shop ask no questions!
    Kip
    UCSB Electrical Engineering....... USCG and NASA
Sign In or Register to comment.