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 Replies: 25 / Views: 4,517 |
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Bedrock of the Community
United States
19961 Posts |
Man, that's horrible! Then again, who would leave $40k sitting in their car?
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Pillar of the Community
Australia
4411 Posts |
No one would leave $40k n $100 bills in their car. Why would you leave $40k in coins  You gotta feel for him but really its his negligence that bit him in the bum. |
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Pillar of the Community
Australia
7096 Posts |
Quote:
Every one of these cases that I have read about, the victim (coin dealer) always stops somewhere whether it be to eat or to visit a friend or whatever. This is when these low lifes strike. If you want to drive home with $40K in coins in your car instead of hiring an armored service, that's your business. I would not take those chances. If these coins were insured ( $40.000 worth I would insure them) It could simply be a case of insurance fraud |
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Pillar of the Community
United Kingdom
616 Posts |
Insurance fraud was my first thought when I heard the story.
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Pillar of the Community
United States
8517 Posts |
Exactly what I thought too.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Bedrock of the Community
United States
20753 Posts |
Story said from $20,000 to $40,000. Quite a spread for an estamate and a coin person without an even closer idea of what he had? I too think there is something wrong with these stories. It happens so much and continues on and always the same. Left everything in the car while in a restaurant, friends house, etc. Obviously right on the seats so easily visable? Why not in the trunk, out of sight? Why is the car always out of sight? Followed him for how many miles and he never suspected? I might be a bit suspicious but just to many problems with the same stories all the time.
If true, sorry for his loss. Again, if true.
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New Member
United States
8 Posts |
What does a thief do w/ 20k in coins?
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Valued Member
United States
198 Posts |
We always gas up the van and buy enough groceries the night before and prior to loading up the inventory before heading home to make it there without stopping. We also check under the van to make sure that no one placed a tracking device on us. We also cover everything with blankets to put it out of sight on the way home. This may sound a little paranoid, but we haven't lost any coins yet.  Edited by ragpicker
09/12/2012 11:17 am
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Bedrock of the Community
United States
36800 Posts |
Not paranoid ragpicter, just common sense.
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Pillar of the Community
United States
1064 Posts |
Very scary stories, makes me a little nervous going to my local show, even as just a buyer.
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Bedrock of the Community
United States
17884 Posts |
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This happens often enough that you'd think dealers would know better by now.
I can show you articles from as far back as 1957 (probably earlier if I tried) with exactly the same MO. These people never learn. I can still feel sorry for a newbie who gets hit, but I've stopped feeling sorry for long time dealers who should know better. There isn't a single long time dealer on the show circuit who doesn't know personally someone that it has happened to yet they still continue to engage in the same risky behavior. Quote:
If these coins were insured ( $40.000 worth I would insure them) It could simply be a case of insurance fraud I hear that suggested a lot, but most if not all policies have clauses releasing the company from indemnity if the policy holder was negligent. Going inside and falling asleep for several hours with $40K coins sitting out in the car unattended would probably be considered negligent. In fact going off and doing just about anything for awhile and leaving them unattended would probably be good enough to void your policy. I don't see insurance fraud as a reasonable possibility. |
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Valued Member
United States
214 Posts |
Man I know road trips can be long and boring, but if I had 40k in coins in my car I would be going through the drive through! I feel bad for the dealer though.  |
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Pillar of the Community
United States
2541 Posts |
Yikes!
I WAS AT THAT SHOW!!
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Pillar of the Community
United States
1391 Posts |
It's pretty obvious when you are being followed by another vehical. You can slow down a little bit or turn down a little used street. I have a routine I follow when I drive home from the coin shop. Mostly because I am pretty sure I was followed one time when I was going home. While the shop is in a good area they get shady people who come in and try to sell things.
There are several long streets in my neighborhood. I drive down them and the speed limit is 20 MPH. Easy to see if someone is behind you because you can see for over a mile. I also cut through two other neightborhoods just because it is quicker than using the main streets.
The one time I thought someone was following me and I doubled back on a cul-de-cac and watched them as they passed by. I think that freaked them out and they took off. If it was more serious I would drive to the police station.
Edited by allranger
09/13/2012 12:42 pm
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Pillar of the Community
921 Posts |
Sad story... Hopefully others read this & go straight home after a show & or hire an armored service!
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Replies: 25 / Views: 4,517 |
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First Page
Posted 09/12/2012 09:19 am
