Florida Man Steals $33,000 In Rare Coins, Uses Them In Change Machines

What 'presidential coin" is worth $1000?

The thought still makes me cringe.

Yeah, this doesn't sound like something that really happened.

First, the coin machine would spit out any coins other than cents and nickels that had dates earlier than 1964.

Second, he probably lost the 11% cut for the machine's use.

Third, unless my brain is really bad today, I don't think there's any 'presidential' coins worth $100, let alone $1,000.

I'd love to obtain a follow up to this story.

First Spouse gold

This is old news he stole them in december and I saw this first reported around february.

The thief is supposed to be some disabled dude that somehow knew the owner of the coins, the dude that owns the coins says they were in a safe and were well over 100,000 coins to his collection in80 boxes in his safe some with high values, some with just face value.

To me this sounds like an insurance scam and he's over valuing the total to get the maximum payout from his insurance for the theft and trying to make it look like he's loosing 100s of thousands when his collection was likely worth a couple thousand and the insurance will pay out $20 or $30 thousand.


Coinstar won't take most coins that don't circulate. It rejects silver and gold, and I doubt this collector had a massive error coin collection.

The story is it was 33 Presidential dollars worth $1000 each he put through the coinstar for face value minus fees so under $30.

This is someone overvaluing his loss for an insurance claim.

That sounds about right, B-K. Any mention of why those P$ were worth a grand?

Here:

https://www.palmbeachpost.com/news/...ctim-wonders

and big surprise he failed to appear and was rearrested ...

https://www.palmbeachpost.com/news/...t-rearrested



According to the case docket, last action was a not guilty plea on 4/17. Also on the drug charges.

https://applications.mypalmbeachcle...ingpage.aspx