World of Coins

Collecting coins => The law, breaking it, international shipping => Lost and stolen => Topic started by: chrisild on February 14, 2011, 10:51:03 AM

Title: Konz: Coin worth €40,000 stolen at show
Post by: chrisild on February 14, 2011, 10:51:03 AM
A gold coin worth more than €40,000 was stolen at a coin show in Konz (RP, DE) yesterday. Seems that around noon the dealer had to leave his booth for a short time, with the showcase left open. When he came back, the coin was "gone". http://www.volksfreund.de/nachrichten/region/konz/aktuell/Heute-in-der-Konzer-Zeitung-40-000-Euro-wertvolle-Goldmuenze-verschwindet-spurlos;art8100,2684523  According to the police report, the coin had a hare or rabbit design, and a gold content of more than 1 kilogram.

Edit: Could be a coin from this year (Chinese Year of the Rabbit) then. And no, I have no idea why the dealer left the showcase open, and apparently "unattended" too ...

Christian
Title: Re: Konz: Coin worth €40,000 stolen at show
Post by: Figleaf on February 14, 2011, 01:40:47 PM
Today, a kilogram of gold is worth roughly $48 000, or about €35 400. I can't imagine such pieces to go above melt value.

Peter
Title: Re: Konz: Coin worth €40,000 stolen at show
Post by: chrisild on February 14, 2011, 10:12:33 PM
The €40,000 amount was in the news article and in the police report (http://www.polizei.rlp.de/internet/nav/10a/10a70d73-c9a2-b001-be59-2680a525fe06&_ic_uCon=3ce1b4c7-d0fe-d21c-5ec3-f110b42f27b4&page=1&pagesize=10&press=true.htm). Whether the thief could actually get that much - not if it is a bullion piece (and it probably is one). I also wonder whether any insurance will cover this. Considering the circumstances ... I doubt it.

Christian