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Major Currency Theft

Dealer Victim of Vehicle Burglary

A currency dealer on his way home after a attending the recent White Plains New York Coin Show was the victim of a vehicle burglary which resulted in the loss of over $500,000 in collectible currency. The suspects smashed the windows of the vehicle and removed briefcases containing the dealer's inventory.

The following is a partial list of stolen currency:


$15,000. Face in $1.00 Federal Reserve Notes from 1963 to 2009
400 $2 FRNs from 1976 to 2009 Stars & Blocks
$10,000. Face in $5 Feds from Series 1928-C to 2006
$12,000. Face in $10 Feds from Series 1928-A to 2004-A
$15,000. Face in $20 Feds from


Series 1928 to 2013
$18,000 Face in $50 Feds from 1928 to 2006
$2,500 Face in $100 Feds from 1928 to 2009
83 pieces of $2 Legal tender from 1928 to 1928-G in varying grades from F to Gem
70+/- pieces of $2 Legal Tender from 1953 to 1963-A
25 FRBNs all Grades and Districts & Denominations
20 Hawaii all Denominations
15 No. Africa All Denominations
400 to 500- $1.00 Silver Certificates (95% UNC)
150- $5.00 Silver Certificates (80% UNC)
20- $10 Silver Certificates

Thousands of fancy Numbers- all denominations

A list is being compiled by the victim which will contain serial numbers on the majority of missing notes.

Anyone with information 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

Comments

  • numismanumisma Posts: 3,877 ✭✭✭✭

    Ugh. You can expect dozens of posts here that will expound on the fact that one should never leave valuables unattended in his or her car, especially after a show. No exceptions.

    The big problem is that the burglars will likely just spend the money, rather than try to sell the notes as collectibles, due to the serial numbers. This is horrible news. I cannot imagine how the dealer is feeling now. Hope they catch the fools.
  • scooter25scooter25 Posts: 769 ✭✭✭✭
    That is horrible!!
  • keyman64keyman64 Posts: 15,587 ✭✭✭✭✭
    image
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • AUandAGAUandAG Posts: 24,990 ✭✭✭✭✭
    How does this continue to happen? Almost every show. Can we attribute this to illness?
    Perhaps dementia or Alzheimer's? Can it really just be "I forgot about them in the car?".

    I suspect insurance fraud in some cases (if that's possible).

    Certainly it does not seem logical with all the stories and warnings that are on the web
    every week. Crazy insane.

    bobimage

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • DoubleEagle59DoubleEagle59 Posts: 8,402 ✭✭✭✭✭
    This is awful!

    Stopped for lunch again?

    Why aren't dealers more cautious and more suspicious on their way home?
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • numismanumisma Posts: 3,877 ✭✭✭✭

    I suspect insurance fraud in some cases (if that's possible).

    Not possible, as no insurance would cover high value items ($500K as an example) if left unattended.

    Many years ago a dealer who had the best dealer insurance had a bag stolen as he was getting into a taxi to go to the airport. He was leaving a coin show with other dealers. He saw the driver put the bag in the back of the taxi and shut the door (hatchback mini van), but what he didn't see is someone else remove the bag as he got into the back seat. His insurance denied the claim, since he relinquished control of the valuables.

    When I travel with coins, my briefcase never leaves my kung fu grip. On the airplane, it is under the seat with my feet on it, and if I have to use the lavatory on the plane (very rarely as we avoid drinks while travelling), the briefcase comes along for the ride. After shows, you never, ever, never get out of the car. If you must eat something, use a drive-thru restaurant. Need fuel for the car? Pay at the pump.

    Back when we used to do 3 or 4 shows per month in the Midwest, I had a friend leave with me so that we had two cars together, with valuables in one car. We would drive through residential neighborhoods, do odd patterns, etc., just to make sure that we were not being followed. This works for small coin shows, but I understand that at the big shows, the sophisticated organized crime rings use GPS tracking devices on their targets.
  • derrybderryb Posts: 37,947 ✭✭✭✭✭
    dumb dealer

    The East Is Buying Gold. The West Is Buying Time.

  • While its always horrible that these things happen there is always a few common themes.
    98% of the time a dealer leaves the inventory in the car while they " just run in to get a bite to eat", they stop some where for something and " just run inside". Its very common for major dealers to become complacent about their inventory. When you travel to major coins shows on a regular basis you are very used to seeing tens of thousands of dollars just lying around. Behind tables at shows there are boxes and boxes, briefcases, cash, often times left unattended, even though you may ask the dealer next to you to keep an eye out they are still just sitting there and honestly pretty easy to steal. Often times when this happens its a well known dealer with a large inventory, hence becoming complacent. You just get so used to carrying a huge amount of inventory and cash that it just becomes normal. I have done it several times and I know other dealers have as well, the only thing I find surprising about this any more is why people think its surprising. Sorry for the loss of the inventory as that is simply horrible but when we as dealers become complacent this is what happens.
  • DaveWcoinsDaveWcoins Posts: 1,185 ✭✭✭


    << <i>The big problem is that the burglars will likely just spend the money, rather than try to sell the notes as collectibles, due to the serial numbers. This is horrible news. I cannot imagine how the dealer is feeling now. Hope they catch the fools. >>



    +1

    Dave Wnuck. Redbook contributor; long time PNG Member; listed on the PCGS Board of Experts. PM me with your email address to receive my e-newsletter, and visit DaveWcoins.com Find me on eBay at davewcoins
  • EastonCollectionEastonCollection Posts: 1,566 ✭✭✭✭✭
    This is horrible and I was at the show. Its in my backyard and I thought that this was a reasonable safe community.
    Easton Collection
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  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    When I travel to and from Balt (3 hrs) I buy an adequate Subway sandwich. Balt - a block up from the convention center. I always have a large coffee cup behind my seat so I can be neat when I discreetly pull over onto the shoulder. Thus no restaurant/rest stop.

    There have been three (3! 3!) robberies from this show and the next door former Coinfest over the last 5-6 years or so.
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • silverpopsilverpop Posts: 6,789 ✭✭✭✭✭
    I see the "i'm a moron please rob me" issue has come up once again, when will people learn never take anything high value with you have it shipped to your home or store by
    armored car or something

    and always be on high alert when at shows or coming home from one cause trouble will be around every turn waiting for you to mess up
  • johnny9434johnny9434 Posts: 29,728 ✭✭✭✭✭


    << <i>Ugh. You can expect dozens of posts here that will expound on the fact that one should never leave valuables unattended in his or her car, especially after a show. No exceptions.

    The big problem is that the burglars will likely just spend the money, rather than try to sell the notes as collectibles, due to the serial numbers. This is horrible news. I cannot imagine how the dealer is feeling now. Hope they catch the fools. >>

    i agree
  • This content has been removed.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Over and over and over again..... This is the fault of the dealer. While I certainly hope the perpetrators are apprehended, and the inventory returned... the blame for entire issue lies with the dealer. Cheers, RickO


  • << <i>Over and over and over again..... This is the fault of the dealer. While I certainly hope the perpetrators are apprehended, and the inventory returned... the blame for entire issue lies with the dealer. Cheers, RickO >>



    Could not agree more
  • yosclimberyosclimber Posts: 5,134 ✭✭✭✭✭
    15,000 $1 bills seems like a strange inventory component to me. Is this unusual?
  • BAJJERFANBAJJERFAN Posts: 31,464 ✭✭✭✭✭
    It's apparent that not everyone there is there to look at coins, but to case your cases and pick out someone to rob.
    theknowitalltroll;
  • ebaybuyerebaybuyer Posts: 2,984 ✭✭✭
    I cant wait for the day when one of the car companies invents a "trunk" where valuables could be held more safely, should be large enough to store a few cases, seems like that should have already been done.
    regardless of how many posts I have, I don't consider myself an "expert" at anything
  • AUandAGAUandAG Posts: 24,990 ✭✭✭✭✭
    It has been done: Pickup truck bed liner safes/drawers.

    bobimage


    LIKE THIS
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • FullStrikeFullStrike Posts: 4,353 ✭✭✭
    Complacency.

    Someone has already used this word but I'll say it again.

    Recently ( 3 months ago ) I rented an Apartment on the norther border of Detroit so I could make a judgement
    about whether I wanted to buy a magnificent old brick mini mansion - at a giveaway price - or what seems like
    a giveaway - at first glance. There were times when I left valuable Coins in the 2014 Ram I recently purchased.

    Well anyway 3 weeks after being in the new place, someone tried to steal my Truck. Broke thr Drivers window,
    popped out the ignition lock, the whole deal. Lucky for me all I had inside at the time was a GPS. No Coins.

    Anyway they couldnt get past the excellent anti theft system. But as a result of my experience, I totally understand
    why Detroit has steadily lost population to the point of its recent bankruptcy filing. I wouldn't want to live in Detroit
    no matter how magnificent and cheap those old houses are.

    And I no longer leave things in my vehicle that I dont want stolen.
  • RaufusRaufus Posts: 7,018 ✭✭✭✭✭
    This is horrible.

    My heart goes out to the victim.

    I hope that the inventory is recovered and the scum put away for a long time.

    That said, my G-d HOW does this keep on happening?? It just boggles the mind. How many times have we seen a similar thread on this forum? Why are so many dealers so lax with security. It really just boggles the mind. No matter how many times this happens it seems that people never learn. Amazing.

    At least on one was hurt - this time. We can be thankful for that.
    Land of the Free because of the Brave!
  • dcarrdcarr Posts: 9,480 ✭✭✭✭✭


    << <i>dumb dealer >>



    The dealer may have been "dumb", but the crimminals are deplorable.

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