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Theft? Big Problem?

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jdheyne
Pillar Of The Community
USA
772 Posts

Posted 03/27/2006  2:27 pm  Show Profile Bookmark this topic Add jdheyne to your friends list  Get a Link to this Message

Hey all.
I am not sure if many people here set up at shows, but a friend that sets up at most "local" shows was just telling me of one of his friends who also sets up went home missing nearly $8,000 in Proof and Mint Sets.
It was a 2 "man" show, him and his wife (Dealers). They (Crooks) had one person keeping each of those two tied up, and then a third person occasionally wanting something. Then whenever the focus went back to the two crooks, the third probably started pocketing things.

Hopefully if you set up, this will be kind of a head's up if you haven't been hit yet.
I am hoping this isn't going to give anyone else any crazy ideas.

I want to know what is going on in people's minds to think that they can just take from anybody they want.

One of the worst things I can think of is being stolen from. What you worked for, someone else just takes...
If there are any crooks out there reading this, get a job and do it like normal people.



Edited by jdheyne - 03/27/2006 2:33 pm
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scoutjim99
Pillar Of The Community


USA
4589 Posts

Posted 03/27/2006  2:48 pm  Show Profile Bookmark this reply Add scoutjim99 to your friends list  Get a Link to this Reply

man that is a real shame


FLY-IN #1502
ANA # 3137213
My Bank Notes | My Coins
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ageka
Pillar Of The Community


Belgium
2078 Posts

Posted 03/27/2006  4:00 pm  Show Profile Bookmark this reply Add ageka to your friends list  Get a Link to this Reply

As an hobby I have more then 30 years training in close up magic
I saw an expert at work in London I think it was on a weekly market
for second hand goods in Petticoat lane

They had three people on the look out for police and used a collapsible umbrella as base
The game was find the ace amongst the three cards
Of course there was the shill bidder winning all the time

A few yards further there was the shell game
If you found the pee under the shell your were the winner
of course none of the shells had any pea under them
The pea was put under the shell with the least bids on them

The sad truth is very simple ; if you can stand the psychological pain of going to prison some scams will pay you a lot more then honest work


Gavroche approached Javert and said to him :
"The mouse has caught the cat." Victor Hugo; Les Misérables
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scoutjim99
Pillar Of The Community


USA
4589 Posts

Posted 03/27/2006  7:35 pm  Show Profile Bookmark this reply Add scoutjim99 to your friends list  Get a Link to this Reply

ageka can you tell me about your avatar that is quite the interesting coin


FLY-IN #1502
ANA # 3137213
My Bank Notes | My Coins
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CoinNut5
Valued Member


USA
103 Posts

Posted 03/27/2006  10:16 pm  Show Profile Bookmark this reply Add CoinNut5 to your friends list  Get a Link to this Reply

Speaking from experience at smaller venues it happens there too......be wary of anyone who sets something on your table.......especially if it is large enough to cover any items exposed on the table.......we had a couple do this at one of our tables about a year or so ago.......they use diversion by splitting the team apart and will usually try to time their exploit while there are several cutomers there....by walking up to the table and browsing they lay a small bag or other item on the table on top of the items they wish to steal........then all they do is scoot the item into a shopping bag or handbag and move on....leaving the bag to conceal the theft until they have had time to dissapear into the crowd........hope this helps



CoinNut4+5....I am moving up in the world....thanks Dan!!
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humpybong
Pillar Of The Community


Australia
1204 Posts

Posted 03/27/2006  10:21 pm  Show Profile Bookmark this reply Add humpybong to your friends list  Get a Link to this Reply

What are we becoming....

You have to keep your eyes open these days...they would steal the gold fillings from your teeth if they could.

We all have this problem and I do not have an answer on how to fix it.



Barry



"Experience enables you to recognise a mistake when you make it a again"

Edited by humpybong - 03/27/2006 10:21 pm
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gshawn
New Member
USA
8 Posts

Posted 03/27/2006  10:38 pm  Show Profile Bookmark this reply Add gshawn to your friends list  Get a Link to this Reply

When I was doing some research into what to expect for my first coin show, I stumbled across a dealer's blog and he was addressing the issue of coin theft at shows.

He talked about the type of sting you just mentioned, where one or more people keep the dealer busy while another person "stops by" with a question or even to make a small purchase. While the dealer is busy, his new "friends" start helping themsevles to his coins.

This dealer also told a horror story about the actual security guards at the coin show doing a large portion of the stealing too.

I've only been to one show, and I can see just how easy it would be for somebody to pick the place clean if they knew what they were doing. I went with my son and every table we stopped at, many of the dealers would go out of their way to talk to my son (rightfully so, keep the hobby alive..), but while talking to him, they had books and books of coins out on the table, just laying there waiting for someone to grab a coin or two.

One dealer handed me a book and told me to look through it to find some nice coins. Granted, they weren't million dollar coins, but some of them were $100+ dollar coins and while I was looking, he spent ten minutes talking to another dealer, with his back turned to me, paying no attention to me at all. In fact, I had to walk around to him when I was ready to pay.

According to the blog I read, the biggest coin theives are some of the other dealers at the show! This dealer I read said he doesn't leave his stuff unlocked, even when he's setting up! He said he lost (see had stolen) some 1000 dollar coin before a show because he was chatting with one dealer and, according to him, another dealer asked to see the coin and then later claimed he put it back, but the coin was gone. His only choices were to call his fellow dealer a liar, or just chalk it up to experience and move on.

If it were me, I would chalk it up to me beating the stuff out of the guy, but that's why I'm not in retail

If I can find the link again, I'll post it so everyone can read it. Aside from the dealer aspect of going to a show, this guy had some really insightful stuff about us civilians going to these shows.

Most of it was common sense, but also the type of stuff that's easy to forget. Never discuss coins, collecting, or the show while walking to the show or returning to your car. Never flash coins outside the venue. Never conduct business outside the venue with someone "claiming" to be a dealer, regardless of how good their story is about why they left 10,000 bucks in coins in their room at the Hilton.

Most of that stuff is obvious, but it's also so easy to forget, especially when we're lulled into a flase sense of security.

Anyway, I'll try to find it and post it.

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ageka
Pillar Of The Community


Belgium
2078 Posts

Posted 03/28/2006  06:23 am  Show Profile Bookmark this reply Add ageka to your friends list  Get a Link to this Reply

quote:
Originally posted by scoutjim99

ageka can you tell me about your avatar that is quite the interesting coin



The coin is a proof finish with at least 3 different surface textures
It is an half ounce from Monnaie de Paris 2002
only 2000 made commemorating the 200 th
year birthday of Victor Hugo author of Les Misérables
( The miserables ) The two tome book tells the story of Jean Valjean a scoundrel turned honest which is relentlessly persued by a paris policeman

The monnaie de paris took the wise decision to put one of the secundary characters of the book on the coin
Gavroche is a street urchin who dies fighting on the barricades in the streets of paris during the revolution
Probably the most adorable character in the book

Gavroche had fallen only to rise again; he sat up, a long stream of blood rolled down his face, he raised both arms in air, looked in the direction whence the shot came and began to sing :
"Je suis tombe' par terre,
C'est la faute a' Voltaire,
La nez dans le ruisseau,
C'est la foute a'--------"
He did not finish. A second ball from the same marksman cut him short. This time he fell upon the pavement, and did not stir again. That little great soul had taken flight."


http://www.gavroche.co.uk/



Image: Gavroche.JPG
31.31 KB


Gavroche approached Javert and said to him :
"The mouse has caught the cat." Victor Hugo; Les Misérables
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rggoodie
Moderator
Coin Community SupporterSupporter!


2997 Posts

Posted 03/28/2006  07:35 am  Show Profile Bookmark this reply Add rggoodie to your friends list  Get a Link to this Reply

We have a bloke right here in my town in South Florida that not only do the other dealers know he is a thief, the police do, just have not been able to catch him yet.
He is a "part time dealer" he attends shows and all of a sudden coins of major value - over $1000 US disappear.

No one has been able to catch him - YET- but he is also known to fly to Canada and it is amazing what he sells at the shows there -(aka the missing coins).

Problem is he has a great knowledge of coins and he does not take anything that has bee slabbed.
since coins do not have serial numbers it has been very difficult to "prove" what he is doing-
But give it time we will get him.




Richard
www.aussie-coins.com
"catch em doing something right"
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Mike
Forum Uncle
Coin Community SupporterSupporter!


USA
2883 Posts

Posted 03/29/2006  02:26 am  Show Profile Bookmark this reply Add Mike to your friends list  Get a Link to this Reply

Slabbing only affords a bit of protection if the stolen coins are left in the slabs. I think most would be broken out for re-sale. I have heard of some being recovered because the slab numbers came up as a stolen coin. It is sad, but this problem infects most aspects of our society to some degree. It only takes a small percentage of crooks to make things expensive and rough on all of us. Mike


Hot town summer in the city, back of my neck gettin' dirty and gritty. Cool cat lookin' for a kitty dressed so fine and a lookin'so pretty. All around the people lookin' half dead walkin' on the sidewalk hotter than a matchhead "Summer in the city","Lovin'Spoonful"
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thekidcollector
Forum Kid


Kuwait
1516 Posts

Posted 03/29/2006  08:47 am  Show Profile Bookmark this reply Add thekidcollector to your friends list  Get a Link to this Reply

Ah....A real sad person distruptin peoples whole lives worth of collection, I'm sorry to say but corruptions should never be introduced to coins!
Its just sad!


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habiru001
Valued Member


USA
236 Posts

Posted 04/02/2006  4:12 pm  Show Profile Bookmark this reply Add habiru001 to your friends list  Get a Link to this Reply

I have been to a good many shows since the 60's. I recall a show at the Foreign Legion hall in Sacramento,Cal (I lived in No Calif at the time) It had been announced and publized that there would be an Uncirculated Set of Indian Head pennies-at this show. The show drew a lot of people besides the collectors- the place was jammed. The dealer who I knew was also a roving Auctioneer at several clubs as far south as Modesto. Anyway, he was trusting and eager to show off the set. Someone deftly lifted the 1877 Indian head. Frank, the owner- saw what had happened- but in the nick of time. He quickly went to the PA system operator - and announced his loss- And informed the Security Guards to secure the place- NO ONE IS TO LEAVE UNTIL THE COIN IS RETURNED- NO questions asked? Within an hour, the coin was returned anomously. Well, This was in the early 60's and wasn't the first time losses were reporte at shows. Some of our shows had no less than 3 sometimes 6 security guards (like the Jack Tar hotel in San Francisco)- However, back to the earlier item about the two man show. I can not imaging why two people -a man and wife time would set up a show in a public place- there are always thieves lurking- Where would a couple set up a two man show? Flea Market? or some public square? It happens. Knight # XXVIII


Dewey
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Gary Burke
Pillar of the Community


USA
3724 Posts

Posted 04/02/2006  8:10 pm  Show Profile Bookmark this reply Add Gary Burke to your friends list  Get a Link to this Reply

Coin shows are few and far between in my area of the United States.

As far as my personal collection is concerned -- to start with, it's not that valuable. However, the few coins I have that do have some value -- my two double eagles for example -- are kept in a safety deposit box. It's a shame that I have to go to the bank to look at them, but that's what it's come to these days. Nothing seems safe, or sacred anymore.


ANA: 42203
Collect US, Canadian, British, Australian
Collector since 1956
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pdizbon
New Member
USA
29 Posts

Posted 04/03/2006  01:15 am  Show Profile Bookmark this reply Add pdizbon to your friends list  Get a Link to this Reply

It is sad to say, but in most retail businesses theft all too common .

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