3 coin robberies surrounding FUN show

Michigan · January 8, 2006 2:00AM

3 coin robberies tallied so far concerning people coming or going
from the FUN show. This is the worse I can remember in quite
awhile. Be cautious and never take security for granted.

Freak1c · January 8, 2006 2:23AM

Are there any details ??

TwoSides2aCoin · January 8, 2006 2:25AM

Trime · January 8, 2006 2:27AM

Ouch!
Even as a collector who would not have a significant # of coins on me, I am always very nervous about carrying coins into an out of coin shows.
I always try to park close in well lighted areas, not carry briefcases or stock boxes and move quickly.
I do not stop my car to do other errands.
I rarely enter or leave with a companion but it is a good idea.
Obviously the risk for dealers is a whole other level of concern.

dizzyfoxx · January 8, 2006 2:29AM

<<

>>

RKKay · January 8, 2006 2:59AM

It's important to always know your surroundings and try to avoid deserted and isolated areas. Always be aware of the cars behind and around you.

Edited to add: and don't look like a target. In other words, don't carry stuff that clearly evidences you may be carrying coins (e.g. a show badge, program, auction catalog, etc.)

ebaytrader · January 8, 2006 3:06AM

<< Are there any details ?? >>

Seems as though the first theft was from a dealer who left his inventory in the car while he went into a resturant near the convention center to eat. Rumor is the loss is about $100k. The dealer? Alan Hager.

mrearlygold · January 8, 2006 3:07AM

I'm not going to SAY ANYTHING about that one

flaminio · January 8, 2006 3:31AM

<< Seems as though the first theft was from a dealer who left his inventory in the car while he went into a resturant near the convention center to eat. Rumor is the loss is about $100k. The dealer? Alan Hager. >>

No! Really? Words can not express my feelings, were this true...

Freak1c · January 8, 2006 3:49AM

Ok. I am detecting a little sarcasm here. What is deal the here ?

Michigan · January 8, 2006 4:02AM

<< Are there any details ?? >>

Briefly: 100K in coins taken from car while owner was at restaurant.

2nd - Unknown amount of coins taken while owner was sitting
in car while wife went into restaurant for food. Smashed the
windows of car while owner was inside.

3rd - 3 sets of hobo nickels taken from car near Kissimmee, Fla.

dtkk49a · January 8, 2006 4:09AM

The question when it comes to stuff like coins is, how can you tell if it was robbery or insurance fraud ?

RW · January 8, 2006 4:27AM

<< The question when it comes to stuff like coins is, how can you tell if it was robbery or insurance fraud ? >>

Agreed...I can't imagine someone really leaving 100k in coins in there car.

Barry · January 8, 2006 4:31AM

Rumor is the loss is about $100k. The dealer? Alan Hager.

I'll say it - If true, there is justice in this world. Also, if true, I wonder if the $100K value is based on the PCGS price guide?

One more thing - are the rumors true that K6AZ was spotted in FL this week?

(definitely kidding on that one...)

RYK · January 8, 2006 4:33AM

The question when it comes to stuff like coins is, how can you tell if it was robbery or insurance fraud ?

If it was insurance fraud, the joke is on the dealer. Insurers do not pay on property left in an unattended vehicle.

Sadly, I know of another case from FUN 2003 when considerably more than $100,000 in coins was left unattended in a car and stolen.

TorinoCobra71 · January 8, 2006 4:36AM

<< 

<< Are there any details ?? >>

Seems as though the first theft was from a dealer who left his inventory in the car while he went into a resturant near the convention center to eat. Rumor is the loss is about $100k. The dealer? Alan Hager. >>

Are you serious??

TorinoCobra71

BAJJERFAN · January 8, 2006 4:37AM

Rumor is the loss is about $100k. The dealer? Alan Hager.

I'll say it - If true, there is justice in this world. Also, if true, I wonder if the $100K value is based on the PCGS price guide?

--------------------

Would they need an 18 wheeler to steal $100K worth of ACG coins?

Craton · January 8, 2006 5:05AM

<< 

<< Are there any details ?? >>

Seems as though the first theft was from a dealer who left his inventory in the car while he went into a resturant near the convention center to eat. Rumor is the loss is about $100k. The dealer? Alan Hager. >>

keets · January 8, 2006 5:20AM

Insurers do not pay on property left in an unattended vehicle.

unless the laws have changed recently, insurers will indeed pay on valuables left in a vehicle. i once had clothing and tools stolen from my car after i had a flat and the spare was also flat which required a short walk. the only thing which prevented a 100% coverage was that they were work tools and i didn't have the rider. past that i was reimbursed by State Farm for the total amount allowed by my policy.

ziggy29 · January 8, 2006 5:26AM

Regarding the rumor about who was involved:

I don't wish this on ANYONE. But if it HAS to happen to someone...

TwoSides2aCoin · January 8, 2006 5:37AM

excuse me fellas, but I am picking up your "TONING" secrets here.

1. Pack up coins
2. Head to Florida (80% humidity and 80 degree temps)
3. Park car in Restaurant parking lot (heat goes up inside car) with coins inside, of course !
4. Coins get toned and stolen in the same time frame.
5. Coins show up on Heritage Auction at ten times actual value because of SUPER RAINBOW TONING.

uh huh

above is sarcasm, below is a lesson in rearing

"no matter what", my mom said, "if it ain't yours, don't you dare touch it !"

KurtHorn · January 8, 2006 6:40AM

It sucks that this kind of crap happens... to anyone... period.

fc · January 8, 2006 6:48AM

maybe i am just more observant, but with our economy doing
SO well, I sure read about a lot of breaking and entering now days.

In Michigan, it has reached epidemic proportions. Dumb drugged addicted white kids from up north.

In NH, banks are getting robbed, several in a week. SO bad, they
rent cops to sit at the front door.

Sign of the times, uneducated slobs running around our country,
broke, and drug addicted looking for their next score.

JadeRareCoin · January 8, 2006 8:02AM

This first story is true (regarding Hager). Coin dealer insurance does NOT cover unattended valuables.

The second story is true also. Two ski-masked robbers (armed) robbed a dealer at a restaurant. A bum sleeping in a nearby alley got up and chased the ARMED robbers and was able to recover one of the bags. Kudos to him for his bravery.

The third story is also true.

roadrunner · January 8, 2006 8:22AM

Maybe Hager was trying to hide the evidence for the upcoming trial.
No ACG coins......no proof.

Just think of the publicity: 1 out of 3 coin thieves targets ACG coins.
I doubt none of the other TPG's could say that.

roadrunner

mrearlygold · January 8, 2006 8:28AM

<< Maybe Hager was trying to hide the evidence for the upcoming trial.
No ACG coins......no proof.

Just think of the publicity: 1 out of 3 coin thieves targets ACG coins.
I doubt none of the other TPG's could say that.

roadrunner >>

There's an upcoming trial? I thought everything was either dropped or dismissed?

roadrunner · January 8, 2006 8:31AM

Tom, I thought I read in CW that motions were still being tossed around by the majors in the case. I know a number of the dealers got released from the lawsuit. Maybe someone else can refresh this.

roadrunner

mrearlygold · January 8, 2006 8:38AM

<< Tom, I thought I read in CW that motions were still being tossed around by the majors in the case. I know a number of the dealers got released from the lawsuit. Maybe someone else can refresh this.

roadrunner >>

I was released from it. I was surprised to be "in" it. And I thought the rest of it was dropped.

Crazy4Coins · January 8, 2006 8:38AM

I was sitting at a dealers table when the couple walked up and started talking to the dealer about "their" coins being stolen at a restaurant the night before,which would have been Thurs. night. The said the thieves were definitely professionals. I could confirm it was AH and DH if I saw a picture of them....I would say they were 50ish give or take a few years... Said the robbers knew exactly what they were after.

pontiacinf · January 8, 2006 8:42AM

<< I'm not going to SAY ANYTHING about that one >>

saintguru · January 8, 2006 8:43AM

was that the batch that they were offering a 10K reward for?

Jcarney · January 8, 2006 8:59AM

<< I don't wish this on ANYONE. But if it HAS to happen to someone... >>

Karma is a powerful thing.

John

rkfish · January 8, 2006 9:04AM

When I left the show today an announcement was that there were four robberies all of which were dealers who were traveling home by vehicle. I was also told that tracking devices may have been used on one or more of these vehicles. As far as my insurer is concerned, if the coins are left unattended in a vehicle they WILL NOT cover the theft.

It's scary to leave these shows and wonder if you may be tracked down and robbed by gunpoint......trust me if they want the coins and you stop they will do whatever needs to be done to obtain that objective.

Bochiman · January 8, 2006 9:15AM

<< 3 coin robberies tallied so far concerning people coming or going
from the FUN show. This is the worse I can remember in quite
awhile. Be cautious and never take security for granted. >>

I agree...never take security for granted....even if it takes away a few perceived "freedoms", right Michigan????
I feel bad for the ones who got robbed (well, if the rumor is true, less bad feelings for one of them).....were they new dealers/collectors?

I would hope that dealers have learned to be careful and that collectors learn as well.

GAT · January 8, 2006 9:36AM

Sounds like a gang has discovered easy pickings from dealers at the Fun Show. Two years ago, Muygrande Coins, of Austin, Texas, had his car broken into on the return from Fun and lost his inventory.

wayneherndon · January 8, 2006 10:20AM

Coin dealer insurance does NOT cover unattended valuables.

Actually, it depends on what the policy says. Mine does cover unattended losses.

WH

Michigan · January 8, 2006 10:28AM

Didn't they move the show away from Miami many years ago since dealers refused to go there because they were afraid
of too much crime?

It seems that the crime has followed the dealers to the Orlando
location.

I don't think you can really move a show away from something
like this happening.

DucatDan · January 8, 2006 10:38AM

This reminds me of a news story from several years back. A diamond dealer drove away from his shop with a small case of diamonds, and was followed quite a ways before the thief smashed his window at a stop light and got away with the goods. Proves that you're not in the clear after you're on the road.

robertpr · January 8, 2006 11:00AM

Guys, it sucks that this would happen to ANYONE. It doesn't matter who you are or what you may or may not have done, noone deserves to get robbed from. Two wrongs do not make a right, as I learned a long time ago.

northcoin · January 8, 2006 5:08PM

We were robbed this past summer just after getting on the expressway after leaving Marseille, France. U.S. Homeowners insurance would only cover up to a nominal amount of the cash stolen. Something like $250.00. Here is a link to our highway robbery experience if anyone is interested in the details and wants to avoid the tactics used to rob us. Scrolling down the length of the thread offers additional insights and comments of interest on the subject of security. There are even a few photos at the very end of the thread.

http://mbnz.org/forums/forums/thread-view.asp?tid=1220931&start=1&fid=27 Highway robbers in France

LucyBop · January 8, 2006 8:00PM

<< Guys, it sucks that this would happen to ANYONE. It doesn't matter who you are or what you may or may not have done, noone deserves to get robbed from. Two wrongs do not make a right, as I learned a long time ago. >>

You cute coyote, I agree with you...

AACoinCo · January 9, 2006 12:17AM

Remember your coins can be replaced over time but you can't so no matter what when faced with a weapon give up the coins. The citizen who tackaled the one robber was not smart and risked the life of the dealer who i understand had a shotgun in his face at the time.

flaminio · January 9, 2006 12:19AM

<< Guys, it sucks that this would happen to ANYONE. It doesn't matter who you are or what you may or may not have done, noone deserves to get robbed from. Two wrongs do not make a right, as I learned a long time ago. >>

I don't disagree. No one wants anyone to get robbed.

However, if a robbery is going to take place anyway, better him than anyone else in the business.

northcoin · January 9, 2006 10:25AM

ttt

northcoin · January 10, 2006 5:30PM

7 and counting.

monsterman · January 10, 2006 6:27PM

>>>>Rumor is the loss is about $100k. The dealer? Alan Hager.

geez thats a lot of weight in acg coins....how many bags is that???

PerryHall · January 10, 2006 9:25PM

<< >>>>Rumor is the loss is about $100k. The dealer? Alan Hager.

geez thats a lot of weight in acg coins....how many bags is that??? >>

Maybe they were all MS70's and priced using the PCGS price guide.

northcoin · January 11, 2006 11:21AM

ttt

lloydmincy · January 11, 2006 1:06PM

<<If a robbbery did take place anyway, better him than anyone else...>>

Well, how would one take this??? Some of you are joking about the robberies. Someday one of you carrying one of those "obvious" coin briefcases will have a shotgun in your face. Maybe a collector that doesnt like YOU will get a chance to laugh back.

If I was a professional crook, I would target these large coin shows and go after these briefcases. It is so simple: Stealing coins is like stealing cash - no security cameras or police around - and the score could be HUGE.

With the exposure of gold and other commodities rising, and the press writing about the value of coins - "professional" thieves will soon figure out that taking "coin briefcases" is 10 times simpler than robbing a jewelry store, or trafficking drugs.

These robberies are going to accelerate. Save your puns, joking, sarcasm and laughing. Plenty of masked patrons will be doing it for you.

Conder101 · January 11, 2006 11:28PM

Considering that most of the coin robberies these crooks are doing are snatch and run type (break a window or open the door grabe the cases and take off. Six of the seven FUN robberies were of this type.) the simple tip mentioned in the Ellsworth article of having a eyebolt mounted to the frame of your car an chaining the cases to it would have foiled most of them. When they try and do a snatch and find that the case will not come out of the car they probably won't stick around and try to figure out how to get it out. These guys are depending on a fast in an out.

ScarsdaleCoin · January 12, 2006 12:17AM

"Well, how would one take this??? Some of you are joking about the robberies. Someday one of you carrying one of those "obvious" coin breif cases will have a shotgun in your face. Maybe a collector that doesnt like YOU will get a chance to laugh back.

If I was a professional crook, I would target these large coin shows and go after these breifcases. It is so simple: Stealing coins is like stealing cash - no security cameras or police around - and the score could be HUGE.

With the exposure of gold and other commodities rising, and the press writing about the value of coins - "professional" theives will soon figure out that taking "coin breifcases" is 10 times simpler than robbing a jewelry store, or trafficking drugs.

These robberies are going to accelerate. Save your puns, joking, sarcasm and laughing. Plenty of masked patrons will be doing it for you."

3 coin robberies surrounding FUN show

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