As some of you may know, My house was broken into reciently and several items and coins were stolen. Earlier thread http://www.cointalk.com/t58923/ The police finally caught the guy which is good news. The bad news is I later found out he also stole a Morgan dollar that my grandmother gave me. The police told me the shop where the coins were sold. Which is in the small town next to my town. There is a chance (although really small) that the Morgan is still there. I know that the owner probably did not know it was stolen and I really can't blame him. My delema is how should I approach the owner of the store. I am willing to buy back the coin if need be.
If the cops knew where the stolen items were pawned, wouldn't there be some action on their part in trying to recover the items from the shop?
If a dealer buys coins that are later found to be stolen, he has no claim to them and it's just a loss. They should be a little more discerning on who they buy from. They're yours and you don't need to pay a cent to have them returned. Guy~
This wont be a problem, But i would do a little detective work first Like go the pawn shop where it was sold and verify that it is there And then let the police know, They should be able to recover for You with a problem or cost!!
I disagree. You don't want to show up asking questions about a particular Morgan silver dollar. Questions are inevitably going to arise about why you're so interested in it, and if the owner gets even a whiff that you're trying to recover stolen property, you're going to run into problems. Best thing to do is let the police handle it.
The problem is that it is a coin shop 6 miles from my house that I had been trying to find for about year. I now know where it is located. I don't blame the owner in any way. It is nearly impossible to tell if it was stolen. I want to try and be nice so I may be able to get some deals at a later date.
You asked for your advice because, in your own words, you had a dilemma. If you already have the answer in mind that you want, just just go do whatever you like.
Allyou needto do is have your local police contact the police or county sheriff where the shop is located. The police/sheriff for that locality will go get your coins for you. They have to- it is the law. That said, there are many dealers who will expect you to pay them for the coins. They can't make you and have no right to be paid at all. But in their words - "it's just the way things are done". I have personally had them tell me that when I recovered stolen coins.
I don't think you get the question. I really don't care if I have to buy it back or not. That is not the issue. The question is, should I even bring it up to the owner? I don't even know what the coin shop is like. I don't like to burn bridges expecially with a shop that is so close to my house.
If you don't want the police to handle it and don't care if you have to buy it back or not, then just approach the shop owner with the truth. And let him know, that even though, legally, you wouldn't have to pay to get your coin back, you would be happy to pay a fair price for it and drop the issue.
It is nearly impossible to tell if it was stolen. I want to try and be nice so I may be able to get some deals at a later date.[/QUOTE] Well, I simply read your words. I guess you meant something different.
For one thing you really have the answers from the first replys. You should really, really allow the police to do thier job. I'm a bit confuse though. If the police caught the criminals, they must have already confronted the coin purchaser. Otherwise how could they know he was the criminal. The store owner would have had to identify the criminal in order for them to be able to arrest him in the first place. Otherwise how could they know he did anything unless he just walked into the police station and said I'm a crook. I robbed someone. I'm guilty. There is really something missing to this story. And NO you should not pay for anything that was stolen from you. I know it sounds harsh since you reallly want your coins back but think of this. How do you know the shop owner didn't know about your coins in the first place. Being nice to him may not get you anything in the way of good relationships. In fact if in with robbers, you only hurt everyone by not allowing the poice to complete their investigations if in fact they really are. I know what your saying about you really just want your coins back. However, you may not really get them back. Again, I'm a little confused as to how the police know who did what with what. If they know, found out, investigated, your coins should have been impounded in the first place. Then you should have had to identify them at the police station. As I said, there is something missing here.