Four arrested for $4 millon Canadian coin heist.

Discussion in 'Coin Chat' started by calcol, Jul 12, 2017.

  1. calcol

    calcol Supporter! Supporter

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  3. ChasPay

    ChasPay Active Member

    So it is still out there . . .
     
  4. Brett_in_Sacto

    Brett_in_Sacto Well-Known Member

    The gold will always be out there. I'd doubt the coin will ever be recovered unfortunately.
     
  5. calcol

    calcol Supporter! Supporter

    Yeah, probably cut-up and the chunks melted soon after the theft. No market to sell it intact.
    Cal
     
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  6. baseball21

    baseball21 Well-Known Member

    Any market that would have existed was probably completely disinterested just from logistical issues
     
  7. Cascade

    Cascade CAC Grader, Founding Member

    Stolen by an "Arab Clan." Is that a new PC term for "Refugee Gang" I wonder.
     
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  8. jtlee321

    jtlee321 Well-Known Member

    At least you didn't use "Extremist Refugee Gang".
     
  9. Cascade

    Cascade CAC Grader, Founding Member

    That's redundant. Seriously though, "Arab Clan" is the funniest thing I've read all day.
     
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  10. Michael K

    Michael K Well-Known Member

    They could have been contracted to steal this, and they didn't melt it, they just handed it over and took their cut.
     
  11. Beefer518

    Beefer518 Well-Known Member

    I wonder if the coin was insured. If it was, do you think they'll mint another one?
     
  12. Endeavor

    Endeavor Well-Known Member

    I find it amazing that 4 guys aged between 18 and 20 were able to steal such a valuable item from a museum.
     
  13. baseball21

    baseball21 Well-Known Member

    It Almost certainly was insured. As far as another one I don't even think they legally could back date one like that. They could maybe make a new one for this year but it won't have the same feel to it at this point since Perth has done some too and actually outdid them I believe
     
  14. Santinidollar

    Santinidollar Supporter! Supporter

    They really don't know what happened to the coin. How times have changed. The cops in the Texas town I grew up in would have had the robbers begging to tell in about 15 minutes.
     
  15. baseball21

    baseball21 Well-Known Member

    They were almost certainly hired for that job. That coin was gone in a day or two. Either a buyer wanted the actual coin or it was melted to fund the enemies of the civilized world. From a theft standpoint that is one of the dumbest targets you could randomly pick given the size, weight, and being unique.
     
  16. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Despite being unique, it was fungible, so I don't think it was random at all . . . Like, you, I also think someone higher up the food chain laid out the theft, step by step, and hired the thieves for a cut of the take.
     
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