Has anyone heard about this. Apparently, the Fun Show in Florida wasnt so fun for some. Its reported that a Minnesota Dealers employee was loading up coins in his SUV when a "band of masked men" robbed him at knife point and took $4 million dollars worth of rare coins including a rare set of 1843 coins once owned by former President Tyler. This article is in the Ebay blog section. Heres the URL for it, Im not sure if It'll work but here it is. http://blogs.ebay.com/timebuilder/entry/Robbers-Net-4M-in-Coin-Convention-Heist/_WO. Sounds like something back in the old west days.
Corrected link ... http://blogs.ebay.com/timebuilder/entry/Robbers-Net-4M-in-Coin-Convention-Heist/_W0QQidZ96159012
I will say that to some degree, it's the only advantage of selling currency (each note has a serial number). Bottom line is that wherever there's money or valuable things like coins, diamonds, etc., their will be thieves that target those shows, conventions, stores, etc. If, out of 1,700 dealers, only one was robbed, then that's a miracle IMHO. If no one that attended the show (don't have the figures, but I presume it's a large number) was robbed, then really it's utterly amazing.
I've heard one person say that they think it was an inside job---I can't really say what I think because I have only read some of the reports... I do think that robbing a person at knife point is kindof out-dated and it just doesn't happen often.... Speedy
You're absolutely right samjimmy. I'm sure there were thousands that attended that show and if there's a place thats targeted by thieves it would certainly be a major coin show like the FUN show where there are literally milloins of dollars worth of rare coins and currency. Its still a shame though because alot of these dealers travel from all over the country and beyond to sell at these shows and end up being robbed. Even if it is only one dealer out of who knows how many, where was security at when these people were packing up to leave. There should have been some kind of security there. I was at a show recently that only had 30 tables and they had an armed guard at the door the entire day.
Here is a partial list of what was stolen: 1843 Proof Set - All coins PCGS certified: Date/Mint Denomination Grade Description Certification # 1843 1/2 Cent PCGS PR 62 BN Original 1843 1 Cent PCGS PR 64 BN 1843 1/2 Dime PCGS PR 63 1843 Dime PCGS PR 63 1843 25c PCGS PR 63 1843 50c PCGS PR 63 1843 $1 PCGS PR 63 1843 $21/2 Gold PCGS PR 63CAM 1843 $5 Gold PCGS PR 63CAM 1843 $10 Gold PCGS PR 63 These coins are pedigreed by PCGS on the Holder with: "Pres. Tyler Presentation Set" Date/Mint Denomination Grade Description Certification # 1795 FH $1 Two Leaves PCGS 64(PQ) Med. Tone, Original with great strike 1798 Large Eagle $1 PCGS 64(PQ) Blast White; Ex-Garrett (not on PCGS holder) 1795 FH 50c PCGS 64 Beautiful blue s, golds, and russets 1885-S 10c PCGS 65 Medium gold toning 1918/7-D 5c PCGS 64 Ex. Bill Fivaz 1836 Gobrecht Orig $1 PCGS PR 62 Pretty toning, Ex. Troy Weisman on holder1867 1842 $1 PCGS 64(PQ) Light tone 1845 $1 PCGS 62 Light tone with some brown color 1928 50c PCGS 65 Great strike and White 1924-S 5c PCGS 64(PQ) Very pretty light tone - great strike 1918/17-D 5c PCGS 58(PQ) Great strike with fresh luster 1925-S Peace $1 PCGS 65 Light original tone 1896 1c PCGS PR 66RED 1862 $1 PCGS 63(PQ) Lightly toned at rims 1803/2 $5 PCGS 58(PQ) Great strike and really fresh 1845 $1 NGC PR 58 Mostly white 1849 $1 NGC PR 60 Mostly white 1866 W/M $1 PCGS PR 65DCAM Blast white with great contrast 1918 50c PCGS 65(PQ) Blast White 1880 25c NGC 67 Old Holder, pretty toning 1928 $20 PCGS 66 Being tried for "67's" 1928 $20 PCGS 66 Being tried for "67's" 1923-D $20 PCGS 66 Being tried for "67's" 1924 $20 PCGS 66 Being tried for "67's" 1927 $20 PCGS 66 Being tried for "67's" 1867-S 10c NGC 62 Light tone and really clean 1799/8 $1 NGC 55 Original Med/Dark tone 1852-O $20 NGC 55(PQ) 1853-O $20 NGC 53(PQ) Came out of a PCGS 55 holder 1877-S $10 NGC 55(PQ) 1844-C 2 1/2 NGC 58(PQ) Graded it "61" in FUN Stack's sale 1913 $20 PCGS 64(PQ) No Marks 1910-D $10 PCGS 64(PQ) No Marks 1908-S 1c PCGS 65RED(PQ) Blazing red 1900-S 10c PCGS 66(PQ) Pretty original color. 1881-O $10 NGC 53 1908 $5 Indian PCGS 64 Just graded 1830 50c PCGS 63 Medium tone, just purchased at FUN 1842-O $5 PCGS 45(PQ) 1862-S $20 NGC 58 1902-S 25c NGC 65 Lite tone 1905-O 25c PCGS 66 Medium tone w/great luster 1857-O $5 PCGS 45(PQ) 1892 25c PCGS 64(PQ) 1899 25c PCGS 64(PQ) 1821 25c NGC 58 Medium to dark original tone 1878 50c NGC 65 Fresh and mostly white 1902 2 1/2 PCGS PR 62CAM Just purchased at FUN 1932 $10 PCGS 64 1932 $10 PCGS 64 1932 $10 PCGS 64 1909-S VDB 1c PCGS 64RED some spots 1908-S 1c PCGS 64RED(PQ) 1889 G$1 PCGS 67(PQ) 1880 $5 NGC 64 1912 2 1/2 PCGS 63 1929 2 1/2 PCGS 64 1928-S 1c PCGS 64RED 1913-D $20 PCGS 64(PQ) 1932 $10 PCGS 64 1932 $10 PCGS 64 1859 1c PCGS 65CAM(PQ) 1896 $1 PCGS 66PL 1923 25c PCGS 66 1929 25c PCGS 66 1855 1/2C PCGS 64RED 1853-O G$1 PCGS 64(PQ) 1926 $2 1/ PCGS 64 1855 2 1/2 PCGS 63 (was NGC 63) 1878-S $5 PCGS 62(PQ) 1922 $20 PCGS 64(PQ) 1832 1/2 Dime PCGS 66 1858 1/2 Dime PCGS 67 1847 $10 NGC 61 1912-S $5 PCGS 61 1933-S 50c PCGS 66 10908886 1934 50c PCGS 66 10908887 1934-D 50c PCGS 66 10908888 1934-S 50c PCGS 66 10908889 1935 50c PCGS 66 10908890 1935-D 50c PCGS 66 10908891 1935-S 50c PCGS 66 10908892 1936 50c PCGS 66 10908893 1936-D 50c PCGS 66 10908894 1936-S 50c PCGS 66 10908895 1937 50c PCGS 66 10908896 1937-D 50c PCGS 66 10908897 1937-S 50c PCGS 66 10908898 1938 50c PCGS 66 10908899 1938-D 50c PCGS 66 10908900 1939 50c PCGS 66 10908901 1939-D 50c PCGS 66 10908902 1939-S 50c PCGS 66 10908903 1940 50c PCGS 66 10908904 1940-S 50c PCGS 66 10908905 1887 $1 NGC PR 66CAM 1907 1c PCGS 66RED 1909 Lincoln 1c PCGS 66RED 1797 1/2D 13 Stars PCGS 06 1907 10c NGC PR 66 1825 25c NGC 62 1915 25c NGC PR 66 1916-D 25c PCGS 66 1807 DB 50c NGC 62 1831 50c PCGS 65 1879 50c NGC 67 1936 50c NGC PR 66 1879-CC/cc $1 NGC 63 1887/6-O $1 ANACS 64 1890-CC $1 PCGS 64 1894-S $1 PCGS 64 1857 $3 NGC 63 1869 J-751 25c NGC PR 66 1900 Lafayette $1 PCGS 64
Ouch! I hope the guy has more than just a few serial numbers for a bunch of cheap (compared to the rest of inventory) Walking Liberty halves. Secondly, how much does it cost to hire an off-duty police officer or two for a few hours? $200? That would have saved the guy a lot of trouble.
Well, they are mostly slabs so they have numbers, though I'm guessing they will break out a good many of them (if they're smart). If so, those pedigreed coin won't be pedigreed anymore. est. 15 minted. Not every day that a "Pres. Tyler Presentation Set" (if still slabbed) or even a non-slabbed one shows up. Sometimes it's better to steal things that aren't... so rare.
It happened last year I believe, but it wasn't as much and different circumstances (cars being broken into while dealers ate lunch on their way home).
Or he could have gotten a CWL for cheaper than that more than likely---when I go to shows I don't carry a bag or such, as I think if you go out of a show carrying a bag you are more of a target---I don't know if its my face or what but most people just don't fool around with me Speedy
Now if you had 4 million in coins dont you think you could afford an armed guard?? That to me that is stupidity 101 Sorry folks..call em like I see em... RickieB
Sounds to me that the Fun Show folks have the same type of security personnel that Ebay uses ... Invisible .. Incompetent and probably Non-existent.
Most of the shows I go to have about 20 armed police officers. I worry about the cops, and I don't even intend to break the law.
Speedy, Your face really couln't be that bad, could it???? Now, if your face is as broad as a 5 gallon bucket, looks like a bruised potato, you have cauliflower ears and you go around saying Uh Huh, Nope and Duh alot, then I wouldn't foll with you either and I retract the question!:goofer: :goofer: Sorry! I am just kidding and just couldn't resist picking at your statement!