Major Paper Money Dealer Theft

Discussion in 'Paper Money' started by Owle, Feb 14, 2014.

  1. Owle

    Owle Junior Member

    This was posted at the CU forums the other day:

    http://forums.collectors.com/messageview.cfm?catid=23&threadid=910479

    The following is a partial list of stolen currency:


    $15,000. Face in $1.00 Federal Reserve Notes from 1963 to 2009
    400 $2 FRNs from 1976 to 2009 Stars & Blocks
    $10,000. Face in $5 Feds from Series 1928-C to 2006
    $12,000. Face in $10 Feds from Series 1928-A to 2004-A
    $15,000. Face in $20 Feds from


    Series 1928 to 2013
    $18,000 Face in $50 Feds from 1928 to 2006
    $2,500 Face in $100 Feds from 1928 to 2009
    83 pieces of $2 Legal tender from 1928 to 1928-G in varying grades from F to Gem
    70+/- pieces of $2 Legal Tender from 1953 to 1963-A
    25 FRBNs all Grades and Districts & Denominations
    20 Hawaii all Denominations
    15 No. Africa All Denominations
    400 to 500- $1.00 Silver Certificates (95% UNC)
    150- $5.00 Silver Certificates (80% UNC)
    20- $10 Silver Certificates

    Thousands of fancy Numbers- all denominations.

    The dealer robbed is a retired judge, and was quite defeatist about recovering his inventory when I spoke with him.
     
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  3. mlov43

    mlov43 주화 수집가

    Speechless....
     
  4. treylxapi47

    treylxapi47 Well-Known Member Dealer

    What's the face value versus collector value on everything lost?
     
  5. Owle

    Owle Junior Member

    I don't think that is known, plus stolen valuations tend to be high retail.
     
  6. aubade21

    aubade21 Well-Known Member

    I hate to hear stories like this...

    I hope they find the thieves and the judge pulls some strings to make sure go away for a long time.
     
  7. Owle

    Owle Junior Member

    I don't know why the dealer, a retired judge, did not compile a list of the inventory asap, probably he was in shock. He left the show early, late Saturday. There was some talk that someone was watching and made a call notifying the thieves of a ripe target. Too bad the surveillance cameras at these shows are not better for investigative purposes in case leads develop, you can be sure the crooks case the dealers out to try to make judgments as to who to go after.
     
  8. Detecto92

    Detecto92 Well-Known Member

    Maybe it's just me, but carrying briefcases full of cash....$500,000 worth, is not a very smart idea, and it's even less smart to leave that kind of money sitting around unattended.

    $15,000 FACE... in ones?!

    I can't even comprehend how much space that would take up.

    A stack of $15,000 in ones would be over 4 feet tall.

    Here is what I don't get.

    He had $15,000 in ones from 1963 to 2009, and he also had "thousands of fancy serial numbers".

    Crips notes from the 2000's aren't really worth anything.

    He seemed to be carrying quite a bit of just plain ol money you would get back in change.

    I can't see someone selling modern crisp ones, AFAIK there is no value to them.

    If I had to carry $500,000 in cash I would have an armed guard with me at ALL TIMES.
     
    NOS likes this.
  9. funkee

    funkee Tender, Legal

    That sucks. I hope he has the currency documented with serial numbers. I believe they'll show up on eBay in a little while. The thief would be stupid to post them in one group. The thief won't be able to spend or deposit them without bringing attention. They'll probably be sold online eventually. I think eBay can also help recover stolen property.

    If the judge can post serial numbers, I would gladly buy them and file a case with eBay to report the seller, get the money back and return the notes to him. Unfortunately without serial numbers, those notes are as good as gone.
     
  10. Detecto92

    Detecto92 Well-Known Member

    Recording over 50,000 serial numbers wouldn't exactly be an easy task.
     
    NOS likes this.
  11. Ed Sims

    Ed Sims Well-Known Member

    Recording the serial numbers of the notes in his inventory would not be that difficult actually. It is very time consuming to initially set up the spreadsheets but once that is done all you have to do is add and remove notes when bought and sold. Store the information in the laptop and have a back-up on a flash drive with you. Get robbed and the police will have somewhat of a chance to catch the thieves and recover your property.
     
  12. harris498

    harris498 Accumulator

    I've been meaning to do this for quite some time.
     
  13. Timewarp

    Timewarp Intrepid Traveler

    I don't have near the collection that gentleman has, or maybe even some of you, but setting up Excell spread sheets is very handy once you're done. It can be as detailed as you like and easy to print off or backup. I also use Exact Change for coins and currency.
     
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