As gold and silver prices have soared, thieves are now targeting rare coins, coin collections and rare coin dealers.
The Washington Post noted in a recent article, “Coin thieves are often part of organized rings, some from Colombia and others with ties to the Russian mafia, that orchestrate sophisticated, lightning-quick and sometimes ruthlessly violent heists, according to the Numismatic Crime Information Center.”
Steve Ellsworth, a coin security expert, told the Post, “Why rob a bank with cameras, witnesses and a good chance your picture will end on up the evening news? Coin thefts often don’t have witnesses, and criminals can make off with far more money.”
The FBI estimates only about 4% of stolen precious metals and jewelry is recovered annually.
Boscastle Supplies have a full selection of coin supplies for your coin collecting needs - check out our web site we ship worldwide.
Source: http://thevictoryreport.org/2012/06/12/gold-coin-collecting-a-deadly-business-as-metals-prices-rise/
The Washington Post noted in a recent article, “Coin thieves are often part of organized rings, some from Colombia and others with ties to the Russian mafia, that orchestrate sophisticated, lightning-quick and sometimes ruthlessly violent heists, according to the Numismatic Crime Information Center.”
Steve Ellsworth, a coin security expert, told the Post, “Why rob a bank with cameras, witnesses and a good chance your picture will end on up the evening news? Coin thefts often don’t have witnesses, and criminals can make off with far more money.”
The FBI estimates only about 4% of stolen precious metals and jewelry is recovered annually.
Boscastle Supplies have a full selection of coin supplies for your coin collecting needs - check out our web site we ship worldwide.
Source: http://thevictoryreport.org/2012/06/12/gold-coin-collecting-a-deadly-business-as-metals-prices-rise/
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