theft

A $50,000 reward is being offered for information leading to the recovery of nine, stolen SS Central America gold ingots. Stolen SS Central America gold ingots – Click to Enlarge Dealers and collectors should watch for these gold ingots and their identifying markings:

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In a shocker of shocks, just days after stealing a rare coin collection worth around $80,000, the thief returned them to their owner. He didn’t have a sudden sense to turn his life around and do the right thing. Nor was he overcome with guilt. Instead, the thief was only motivated to protect his stolen […]

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SafeA coin collector can hardly experience anything worse with a collection than having it stolen. After the theft, there is always the hope that some or all of the coins will eventually be recovered. But imagine if your coins were stolen and then spent or traded like every day circulating change, as if they had absolutely no collectible value.

That is exactly what happened to one man’s collection in Enfield, Connecticut. He found out that he had been taken to the cleaners by a woman he hired to clean.

The woman apparently discovered the collection, called another man into the home, and together they took the collectible coins and paper-money. Even worse, the coin collection was then swapped for cash using a coin cash machine at a local store.

Read the rest of this numismatic news article »

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Dec. 16, 2007 wasn’t a good day for Chester (Chet) Endress, a 73-year old coin collector and owner of Chet’s Coin Shop. That day thieves burglarized Mr. Endress’s business by cutting through an adjacent store wall. The robbers then proceeded to torch the shop’s safe to steal approximately $750,000 worth of rare and common coins.

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Copper used to be the problem step-child of metals. It was either not thought about or considered in a negative context, like the mental picture of paying for the repair of copper piping underneath the sink. For some, copper has turned to gold. And better, it wasn’t purchased first – it just found its way […]

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A 7-month low hit copper yesterday in New York futures trading. The fall was driven by concerns of softer import data from China. As interesting as the up trend has been, a continue decline could well be appreciated. It would at least subdue some of the negativity its rise has made. The ban on melting […]

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