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<p>[QUOTE="Cringely, post: 1525062, member: 22271"]A number of years ago, one of the major (colonial, half & large cent) copper dealers suffered the loss of hundreds of thousands of dollars in a theft (taken from his vehicle, I believe) following a major coin show. The thieves (Russian emigrants) were caught with a small part of the loot and spent a few years in jail. The majority of the coins were not recovered. Less than a year ago, a few dozen of these coins appeared in a sale (by a Russian consigner) in an East Coast auction. The copper dealer recognized one of the coins and eventually was able to prove that more than three dozen of the consigned coins (if not all) were part of the theft. Luckily, photographic records were sufficient to prove ownership and eventually, the dealer recovered another portion of the stolen coins.</p><p><br /></p><p>The dealer (who has been in business for decades) is a friend and not stupid. He was specifically targeted.</p><p><br /></p><p>One thing I learned from this is to have a way to identify my coins (short of engraving my name on them <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" />). One problem with coins is that, for the most part, provenance is hard to prove. Good photographic evidence can be a major factor in recovering stolen coins.[/QUOTE]</p><p><br /></p>
[QUOTE="Cringely, post: 1525062, member: 22271"]A number of years ago, one of the major (colonial, half & large cent) copper dealers suffered the loss of hundreds of thousands of dollars in a theft (taken from his vehicle, I believe) following a major coin show. The thieves (Russian emigrants) were caught with a small part of the loot and spent a few years in jail. The majority of the coins were not recovered. Less than a year ago, a few dozen of these coins appeared in a sale (by a Russian consigner) in an East Coast auction. The copper dealer recognized one of the coins and eventually was able to prove that more than three dozen of the consigned coins (if not all) were part of the theft. Luckily, photographic records were sufficient to prove ownership and eventually, the dealer recovered another portion of the stolen coins. The dealer (who has been in business for decades) is a friend and not stupid. He was specifically targeted. One thing I learned from this is to have a way to identify my coins (short of engraving my name on them :eek:). One problem with coins is that, for the most part, provenance is hard to prove. Good photographic evidence can be a major factor in recovering stolen coins.[/QUOTE]
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