Author Topic: Major Theft at Mumbai Based Coin Shop  (Read 820 times)

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Offline Bimat

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Major Theft at Mumbai Based Coin Shop
« on: April 12, 2016, 05:25:18 AM »
'International Stamps and Coins', a favorite destination of collectors all over India in South Mumbai (close to CST, near Deutsche Bank) witnessed a burglary on Sunday. It is said that it's a major theft, and a very well planned one. The thieves selectively stole only the valuable items, hence possibility of involvement of insider can't be ruled out. Exact details of the stolen items are not available yet. Will update as and when we have more inputs.

Aditya
Caution. The low-hanging fruits are still there maybe for a reason.

Offline dheer

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Re: Major Theft at Mumbai Based Coin Shop
« Reply #1 on: April 12, 2016, 06:32:53 AM »
To bad. Hopefully the culprits are caught soon.
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Offline Bimat

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Major Theft at Mumbai Based Coin Shop
« Reply #2 on: April 16, 2016, 08:08:20 AM »
Yesterday, there was second attempt of theft at the same shop. :o Two thieves tried to spray some chemical on the people working at the counter and take away an album which contained costly banknotes. All this happened in the afternoon. Fortunately, the staff was alert and because of loud shouting, the thieves weren't successful. They could not be caught though.

Aditya
Caution. The low-hanging fruits are still there maybe for a reason.

Offline Abhay

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Re: Major Theft at Mumbai Based Coin Shop
« Reply #3 on: April 16, 2016, 08:18:49 AM »
It's very surprising. I have been to this shop many times, and it is situated on the main street with lot of people on the street. How can anyone even think of making a burglary in the broad daylight?

Abhay
INVESTING IN YESTERDAY

Online Figleaf

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Re: Major Theft at Mumbai Based Coin Shop
« Reply #4 on: April 16, 2016, 11:03:48 AM »
Maybe it all depends on the willingness of bystanders to help stop the thieves. Evidence from big cities is not encouraging. Most willingness is encountered on airplanes, where one terrorist can easily kill all passengers, but even there, it seems to take an example for others to follow.

What if all clients of the shop and sympathisers would leave a message of support in a public place front of it? Just like a recent road death, which (in France) leads to a small congregations of bouquets of flowers in the place where the victim died. It attracts the attention of passers-by, hopefully makes them think and serves to hearten the shop staff, so that it will still be there tomorrow, serving the hobby.

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

Offline asm

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Re: Major Theft at Mumbai Based Coin Shop
« Reply #5 on: April 16, 2016, 01:31:58 PM »
It appears that the air of the robbery was not met on the first attempt and the goons ran off with what was not the intended booty. Also, thinking that since the theft had just happened, the security would be lax and it would be easy to get away a second time, the second attempt was made..

The most important point though would be that since most of the dealings in numismatics are still in cash without any supporting documents of purchase, the goons would have been pretty sure that no formal complaint would be lodged or the value indicated would be so low that the cops would not be interested...............

But this should ring alarm bells and be a warning to other dealers who deal from shops or from the confines of their bed rooms.......

Amit

The owners and the staff of this shop were very nice people. I frequented this shop when I collected BI notes. In fact 99% of my purchases were from this one shop.
"It Is Better To Light A Candle Than To Curse The Darkness"

Offline Bimat

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Major Theft at Mumbai Based Coin Shop
« Reply #6 on: May 05, 2016, 07:43:42 AM »
Here's a list of items stolen, as posted on FB. Looks like a devastating loss for the dealer. :'(

Aditya
Caution. The low-hanging fruits are still there maybe for a reason.

Offline Abhay

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Re: Major Theft at Mumbai Based Coin Shop
« Reply #7 on: May 05, 2016, 08:36:12 AM »
Many of the stolen items were displayed in the Showcases in his shop.

Abhay
INVESTING IN YESTERDAY

Offline Bimat

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Major Theft at Mumbai Based Coin Shop
« Reply #8 on: May 05, 2016, 09:15:41 AM »
Many of the stolen items were displayed in the Showcases in his shop.

Abhay

Yes, he used to display some of the expensive items in showcases facing street. After the theft, he has removed everything from there...

Aditya
Caution. The low-hanging fruits are still there maybe for a reason.

Online Figleaf

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Re: Major Theft at Mumbai Based Coin Shop
« Reply #9 on: May 05, 2016, 10:31:53 AM »
Most items stolen cannot be identified from the list. All items are hard to find, but they are around. Only one is unique. Besides, it is possible that the thieves will settle for the metal value of the gold and silver and discard the paper. They are barbarians after all.

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.