Government Tracking of Thieves

Did somone say they need security?

 

Log in or Sign up to hide this ad.

some dumb arse brinks guard wanted his year end bonus early. the main reason i say to use this kind of service is to save your life not your property. it dose not take much for some punk to see you have a high dollar amount of goods. when the show is over you place all that stuff in your car and drive off. ---------------- fill in the blanks how ever you like.

 

There was a sad story that happend at a Dallas coin show a few years ago. An elderly gentlemen (dealer) was leaving a coin show. Somone had placed nails under his tires. He took off down the road, until his tires went flat. A car that was trailing him pulled over, robbed him at gunpoint, and made off with an untold amount.

 

They do. I know, since I was the one escorting them. I am a pretty big guy, and former Army, so I used to escort all of the dealers at a show our coin club put on.

Only had one possible incident. I was walking a few feet back and someone started approaching the dealer carrying a case. I walked up fast to him and he ran off, still don't know if that was going to be a robbery or not.

Chris

 

I'm sure a lot of coins are also stolen from collectors residence.

It's sad to think we have to be on guard 24/7. but such is life.

there is still a lot of good people out there. and I think the youth of america needs to be more involved with there own community and become more educated on these issues.

Chris can't save all of us.

 

It wouldn't hurt to email those charged with handling reports of stolen coins; you send them a description of the coins and if no matches, then my conscience is clear.

As an aside, I was talking to one of the nation's leading large cent dealers, etc., and he filled me in on his attempt to recover some of his stolen coins over ten years after the robbery. He said he was bidding on some cents at auction, and then it dawned on him he was bidding on his own coins! They were submitted to auction by a Russian antiques dealer.


If there is a match, then someone is going to want their coins back, and everyone who "bought" the stolen coins loses $$$ or more. Sometimes the authorities come down hard, just to send a message out to those in the community they mean business like this IRS action: http://www.justice.gov/usao/ct/Press2011/20111109-2.html:devil:

 

I was thinking about this some time ago. It should be possible to laser-etch a dot pattern onto one of the facets of a reeded edge, too small to see with the naked eye, but readable with the right equipment. Yes, it's damage to the coin, but as counterfeiters get better, we might have to resort to such measures.

 

So much for hiding the stuff in the mattress. The Feds take a dim view of folks burying cash. That's a danged huge amount of cash being held in sdb's and home safes.

 

But you can be sure if it had been gold and precious metals she was "hoarding", the PR would have featured that prominently like she was part of some "patriot", sovereign, or anti-government group, like this guy: http://www.newstimes.com/policereports/article/Newtown-man-sentenced-to-home-confinement-2235980.php

 

There were stories a few years back about Canada imbedding RFIDs in coins. I didn't follow it much at the time, but such IDing and tracking tricks have been conceived and perhaps even hatched. Here's one link I turned up about this:

Canadian coins bugged, U.S. security agency says

from www.cbc.ca 1/7/2007


Supposedly Euro banknotes too have had the RFIDs embedded in them.

 

ethe thing with something like this , the dealer would have to have catolouged everything before they took it to the show and had a copy of the list with individual tracking number on it..

 

It would be foolish not to have such inventory. Every collector should do as much and keep such records as safe or safer than you store you coins.

 

they should make available a coin that it's sole purpose is for tracking. you could add a couple of these trackable coins to your collection, kinda like what banks do during robberies. http://www.rmtracking.com/blog/2009/07/13/a-gps-tracking-device-locates-bank-robber/

 

No form of ID/tracking can escape the heat of the melting pot...

 

we are getting closer. now we just need a draped bust GPS coin LOL http://gizmodo.com/5135566/gps-coin-is-spare-change-thats-actually-worth-something

 

yeah but we could find the melting pot. GPS would probably only be good for the first few hours. by then the collection could be scattered or melted.

 

Highly doubtful given how quickly heists tend to happen and how slow the response time of investigators. If the materials were stolen unbeknownst for a period of time, there is plenty of time to melt things or separate them in multiple directions before being detected. IF the owner is killed in the heist (re: Steven Halfron Liberty Coin owner) how would the owner report quickly what was stolen. The GPS idea isn't foolproof. Most heists of precious metals quickly seek the melting pot to change the form and disappear the stolen material asap. (re: Brinks-MAT) (re: Takayama museum robbery, Japan)

 

I agree. What I would be afraid of if we photo each coin in a slab and have "dummy slabs" with tracking GPS is it would teach thieves the first thing you do with any coin is melt it down. Not to be a jerk, as I detest thieves as well, but I am more concerned about the long term survival of the coins more than who owns it, or preventing theft.

I know it sucks, but I would rather live in a world where my coins could be stolen and sold to someone else rather than a world where rare coins are immediately melted if they are stolen.

Just my opinion.

 

Common thieves are not likely stealing coins to collect them. The brutal reality is such items are going to be sold or melted for bullion value or to change the form so the materials go undetected... and as quickly as possible to escape being caught later. It happens in almost every such case as suggested by my links above.

 

true.