Coins - Show - Theft

MsMorrisine

It's common

johnny9434

thats to bad. they do have security at the show as well.

JamesMurray

"The victim, police said, told them it’s not uncommon for thieves to follow collectors from coin shows in order to steal valuable merchandise."

And yet this "victim" gets turned over like a kipper.

lordmarcovan

Snatch and grabs right out of cases on the bourse floor, and sleight of hand tricks involving stacks of slabs, are also common. These thieves are pretty brazen, and dress well in business attire when they're on the floor. A dealer friend of mine just had a slabbed S-VDB and I think some gold grabbed that way, right off the floor in a show.

jfoot13

WOW I was set up at Auburn sunday and this is the 1st I heard about this. Yes they do have security there and they will walk you to the car when you're loading and unloading if you want. Does anyone know if it was a regular dealer or one of the vest pocket guys.

PerryHall

<< <i>Snatch and grabs right out of cases on the bourse floor, and sleight of hand tricks involving stacks of slabs, are also common. These thieves are pretty brazen, and dress well in business attire when they're on the floor. A dealer friend of mine just had a slabbed S-VDB and I think some gold grabbed that way, right off the floor in a show. >>



Sometimes they work in a group of three---one will distract the dealer, another will snatch a coin and then pass it off to a third person walking past. A dealer needs to keep his coins locked in his case unless a customer wants to look at one and he needs really good peripheral vision.

YogiBerraFan

That kind of stuff really disgusts me

LindeDad

Ever notice that these happen on the stops on the way back from a show? Seems dealers would learn to not make stops with inventory in the car glass does little for security.

mustangmanbob

I was the "victim" of a reverse slab thing at a show. I took 12 IIRC Morgans to a show, looking to sell. Showed them to probably 15 dealers. I had a list of everyone I took.

When I got home, 1 was missing, but a MS64 had become, same date and mm, a MS64 DMPL.

I have no idea when I "lost" one and when 1 was swapped in my favor.

A dealer showed me a trick for the next time, is to take a sheet of the 2x2 holders and put all the coins that I want to sell in it, and cut off any extra squares. That way, if a coin is missing, it will be very obvious, and if you sell some along the way, cut away empty squares.

nutmeg

<< <i>WOW I was set up at Auburn sunday and this is the 1st I heard about this. Yes they do have security there and they will walk you to the car when you're loading and unloading if you want. Does anyone know if it was a regular dealer or one of the vest pocket guys. >>



Ken my girlfriend and I stopped briefly at your table. I don't know if it's ok to name names here but my guess from the description seems to be the dealer in the second row on the extreme right corner. Right across from the supplies guy.
edited to add; This is the first time I ever heard of anything happening after [or during] an Auburn show.

Timbuk3

Always be cautious at coin shows
both on the floor and when leaving !!!

WTCG

Distract 'n grabs are the most common method of theft at coin shows. That's the reason keeping exact track of all coins out of the case is extremely important. Thieves of this type come in two distinct forms: the individual but more often teams who have the process rehearsed and down to an art and those who do it out of convenient opportunity.