Coin Robberies

It has been epidemic for decades. If not, there is no need for the privacy. It should all be out in the open.

 

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It is for the theives and their fences, and tax evaders, and people refusing to pay child support. Nobody says you need to publish the data, only that it sould be available by request, and by coin so a dealer can scan the coin and know it has been reported stolen or not.

 

Even counterfeiting -- a big and growing problem -- is not at "epidemic" levels. I wouldn't call theft from one's home of coins or jewelry at epidemic levels.

 

And yet they don't follow procedures in this case and they didn't any investigation. This has nothing to do with a Meth Lab on your property and how the cops treated you nice. This has to do with them not doing there job and not even filing proper paperwork without having to get a city councilman on the case.

It is also about not blaming victims for crime. People should be able to live securely in their homes without being victimized by crime. People have that right everywhere, whether they live in Bed-Sty, the South Bronx, Compton, Pico-Robertson, Beverly Hills, the South SIde, the Lower North Ward, or on York Avenue. They deserve that right whether they live in a rich suburb or a ghetto or a farming community. This is axiomatic and is a foundation of civilization. Victims aren't the cause of crime. The criminals are and an ineffective police department results in more crime. This is the USA, not Bogota or Mad Max...

Coins are a particular target, and that is why efforts need to be made to get the crooks out of the hobby. I am sure we are all aware that not all dealers in this hobby are honest, and certainly not allof the customers. I was told as a child that I shouldn't ride my new shiney blue bicycle though the streets and lock it up in front of school. Why should anyone need to worry that if they ride a new bike that they will be targeted for theft. That is why we have police. The problem is bad policing, not because of a new bike. And yet, every bike has a serial number and you can register it with the police department. If it is stolen and they find it, they return it... We need something like that but better for coins.

I disagree. There is no good reason. I see it happen in the art world as well. People use privacy as a means of covering up illegalities all the time, and often this involves stolen property. It is harder to fence a Rembrandt than it is to fence a 1926 S Buffalo Nickle in MS63 grade.

For expensive stolen coins and whole collections, there is eventually a data trail for the coins. Only with cooperation of the TPG, the Auction Houses, Dealers and the Police, can we create the trail that closes crooked dealers and punishes the thieves. Once the COMMUNITY get serious about it, it is likely that the police might be more inclined to act.

If we had a secure market, the minute that the SLQ was returned to NCG for deletion and regrading, they would have been aware it was stolen and notified the police with all the relevant information. That is how it should happen.

 

just to repeat it. Selling stolen goods can be criminal and never transfers ownership.

 

This has nothing to do with counterfeiting and if you don't believe the theft of coin collections is not a problem, I suggest reviewing the security at major shows. I am not going to start listing all the reported thefts. We all know it is a problem and it has been a drag on the market for decades. Security in the market will cause more clients, and raise prices.

https://www.pcgs.com/news/stolen-coins-becoming-more-and-more-common

It is hard and expensive to even get insurance companies to insure for coin theft.

https://sacramento.cbslocal.com/2020/10/06/coin-collection-decades-memories-stolen-sacramento/

 

That's generally true for most coins struck in the last 100 years or so. But it's big enough that I have second-guessed buying a Japan 1 Yen dragon coin for several years now. A lot of them on ebay just look off. But usually pre-1965 US is pretty safe.

 

Not only does this display an inability to follow the logical thread, but honestly, this shows also a problem with basic ethics. Women deserve to be safe without carrying a taser and so should coin collectors.... We are not discussing here cops blowing sirens to calls. You are all over the place and not making a bit of sense.

 

10-year old article !!

A 93-year old had all his valuables in and around his house/bedroom......he should have had them in a safe or SDB.

I mean, he SLEPT through the theft !!!!

 

A perfect straw argument for someone who can't support a valid retort.

Go ride your blue bicycle, so you can stay on topic.

 

I would probably do some sort of "lure tactic" in case anyone broke into my place. Set up a safe or lock box out in the open for them to find easily, with bars of tungsten/zinc, maybe a small amount of real cash to divert the person away from the real goods. They most likely will leave thinking they hit big.

 

I wouldn’t draw too much from that case law, counselor. These issues are very fact intensive. “General propositions do not decide concrete cases.” Lochner v. New York, 198 U.S. 45, 76 (1906) (Holmes, Oliver Wendell, Jr., J. dissenting).

Let me tell you this. This is organized crime, if there ever was it. Understand, so too is drug and child trafficking. Are we to say the police are laying down to that, too? There are countless others in organized crime. You’re right that there’s corruption that impedes the bringing of these criminal organizations to justice. Talk to anyone in a vice squad, they can tell you that in a minute. Those issues are too big for here. They mix in with the political, there’s a component, there, too. Let’s not go off the rails pointing fingers for them. These are broad socio-political issues, and deeper and more complex than we imagine. Let’s stay out of that.
Meanwhile, you’re an innocent victim. How can we not be behind you? Try to understand that, too, it wouldn’t hurt you none.

 

I certainly treat any INDIVIDUAL theft of one's coins as a very serious matter......financial loss....personal loss.

Again...however....I don't see it as an EPIDEMIC of thefts. Hell, you don't even have an epidemic of household burglaries of jewelry and/or valuable coins.

Burglaries are down 2/3rds from their mid-1970's/early-1980's peak:

http://www.disastercenter.com/crime/uscrime.htm

 

Ignern’t. Plumb ignern’t.

 

How about after you have the facts? Is it still wrong? \o/

 

Making a blanket statement like you did is always wrong.

 

Ruben, good to see you posting again but enough of the hate. Hope your life gets better.

 

I thought so...