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Six coins stolen from TOREX
ajaan
Posts: 17,136 ✭✭✭✭✭
Six coins were stolen from the TOREX auction in Toronto this past weekend. That is all the information I have.
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'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
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http://www.victoriancent.com
Lot 1061 – 1882H ICCS Newfoundland 50 cents - $9,000
Lot 1380 – 1921 Canada 5 cents - $9,000
Lot 1600 – 1905 Canada 25 cents PCGS MS-66 - $35,000
Lot 1601 – 1905 ICCS & PCGS MS-63 - $8,000
Lot 1729 – 1872H 50 cents, AU-58 - $4,000
Lot 1759 – 1910 50 cents, ICCS AU-58 - $1400
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'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
myEbay
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http://www.victoriancent.com
The auctioneer did not specify which coins had been stolen until the auction was complete.I believe he used the hammer prices to establish value for the consignors and the insurance company. - Rob
Sounds like the proper and most logical way to do it. As you know auction estimates can be and usually are too low.
So the auctioneer wasn't aware of the theft that took place during the lot viewing or chose to ignore it and auctioned the coins anyway. Sounds like a fair solution for the consignors.
myEbay
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http://www.victoriancent.com
<< <i>Chose to ignore it and auction the coins anyway. >>
I'd hate to be the guy who didn't bid on something else because he thought he'd won the stolen item.
http://www.victoriancent.com