Thieves Arrested After Stolen Coins Found On eBay

Of Biblical proportions!

 

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Which would require some form of celebration.....

 

I tend to get glassy-eyed at about page 387.

 

great

 

Thanks for your analysis of how law enforcement works. But what about that 1870-cc $20 in AU58 that was being shipped back from PCGS to Heritage and was stolen? Do you mean to say the FEDs would have no jurisdiction in that case and that their technologies would not be employed in that case? It looks like their powerful technologies are being underutilized.

 

for davidh,
Here is a resource for you and for everyone. The website www.tineye.com is an "image" search, trying to provide the original source(s) of an image on the Web.

It presently has over 2 billion images in its database, which is only a small fraction of the total universe of images; still, it is useful, I use it, and as its database expands, it will become more useful. Its greatest benefit to me has been in researching vintage picture postcards.

 

Anytime you have the postal authorities involved, tax issues, or interstate commerce the FEDs have a right to be involved.

 

Yes, but if you wade through enough of those, you'll eventually come across a 1942, 1944, 1946s half dollar for $24 shipped (with a fourth thrown in!), or a Lot of 8 silver quarters and one nickel for $22.50 shipped, or an 1887 Morgan Liberty Silver Dollar for $155 shipped that actually turns out to be a lot of 10, mostly uncirculated and toned, or...

 

Same thing for stamps; 80% rubbish, 19% decent material that attracts lots of bids; 1% screaming bargains that no one notices or finds, often due to poor spelling, atrocious image, or pure ignorance: "Cannada, #153, mint, etc., etc.," listed under Herbs.

 

As I posted earlier, the thieves were caught and did jail time. The consigned coins (that Tom was able to recover from the auction house) were a fraction of the total stolen. It took some time, but the dealer (Tom Reynolds) did get the (consigned) stolen coins back from the auction house (Stacks).

The consigner was Russian and there is no virtually no chance that the consigner can be brought to justice. Tom is still missing a large portion of the theft.

 

But what did the auction house do about the stolen coins they had already sold?

 

To my knowledge, the stolen coins were to be sold in a single auction. Tom discovered the stolen coins on Stack's website before the auction was held and none of the disputed coins were auctioned.

 

No a group of stolen half cents had been sold in an earlier session.

did some checking, eleven coins were sold in a March 29, 2011 auction in Baltimore, and a further 48 stolen coins were scheduled to be sold in an online auction on April 5th 2011. Tom learned of the sale of the coins on March 29th too late to stop the sale of the first eleven but he was able to get the other 48 pulled from the April sale.

The last I knew he was having to go round and round with them and their lawyers trying to get them back. It's good to hear that he was finally successful with the 48.