Baltimore Theft-Coins Sold in Philadelphia Area

mrearlygold

Stolen Coins Sold in Philadelphia Area




Recently the Numismatic Crime Information Center sent out an e-mail crime bulletin regarding the theft from Breck Rare Coins. The loss in excess of $300,000 occurred from a Super Shuttle bus in front of the Baltimore Hyatt Regency.



Thanks to an alert dealer who read the bulletin several certified $20 gold pieces have been recovered in the Philadelphia area.



Anyone with information on this offense should contact:

Doug Davis

817-723-7231

Doug@numismaticcrimes.org



The Numismatic Crime Information Center is a 501 (c)(3) non-profit
corporation. P.O. Box 14080 Arlington, Texas 76094.

commoncents05

Very encouraging news!

-Paul

coinhack

Yay for the good guys! Nice work.

ms70

Nice. I hope the rest turn up.

DaveWcoins

Excellent!

Nice sleuthing by those involved in finding the coins and going after the perp(s).

PerryHall

So, they were smart enough to rob a coin dealer yet they weren't smart enough to crack the coins out before trying to sell them. Am I the only one that finds this strange?

shorecoll

A smart fence knows if you crack out MS66 coins, you're only going to get AU money at best when you go to sell them.

PerryHall

<< <i>A smart fence knows if you crack out MS66 coins, you're only going to get AU money at best when you go to sell them. >>



Crack them out of a PCGS holder and send them to NGC and get a MS67.

LochNESS

I seriously doubt the crooks even know what PCGS and NGC are. They only see "gold" and "silver" and probably thought they were worth $20 each. They may have tried to crack them out unsuccessfully ... which would explain why only a few were recovered.

Another theory: they cracked the lower grades and sold them raw to pawn shops, etc. and then sold the highest-graded bunch as slabs to get their max dollar. This seems most likely.