Home
Newsletter
About Us
Coins For Sale
Selling Your Coins
Rare Coin Archives
Coin Collecting
Investing in Coins
Coin Information
Coin Articles
/World Coins
Books, Loupes etc.
Link to Us
Links
Contact Us
   
  Search 
  Sign up for our free NewsLetter
  e-mail: 
  Sign Up 
 


 

 

 

 




Robbers net $4M in coin convention heist
By TRAVIS REED, Associated Press Writer
Wed Jan 10, 4:51 PM ET

 

ORLANDO, Fla. - Robbers in surgical masks pulled off a $4 million coin heist at knifepoint outside a coin dealers convention, getting away with gold, silver and a rare 1843 set of currency once owned by President Tyler, authorities said.

It was the second time in two years that the Florida United Numismatists' annual coin show had been hit, and this year's loss was much larger.

On Saturday, a Minnesota coin dealer's employee was unloading an SUV outside a luxury hotel when a robber in a surgical mask and a hooded sweater grabbed him from behind and held a knife to his throat, witnesses and the victim told authorities. Two other masked men grabbed a suitcase from the SUV, according to authorities.

"It's a brazen happening. This kind of thing doesn't happen often at all, at knifepoint," said Robert Brueggeman, head of the Professional Numismatists Guild and owner of Positive Protection, which provided security at the convention.

Sheriff's Deputy Carlos Padilla said the coins were extremely rare, which could make it difficult for a thief to sell them. "I guess it makes you wonder if the people that committed this crime even knew what they were getting," Padilla said.

Last year, thieves stole about $450,000 worth of coins by breaking into cars, most of them while dealers ate in restaurants.

This year, the convention's organizers had increased security with more off-duty sheriff's deputies and a 24-hour secured room where dealers could store their coins, convention coordinator Cindy Wibker said. The four-day show attracted 1,750 dealers.

BACK TO INDEX





US Rare Coin Investments 2003 - 2017 U.S. Rare Coin Investments
TERMS  |  LEGAL  |  SITE MAP
 

Have a friend who might be interested?
Inform them about us now!
Your E-mail: Your Name: Friend's E-mail: Friend's Name:
Send to a Friend