Roma Numismatics Director Richard Beale Guilty Of Conspiracy And Possession Of Stolen Property

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numismatic student Bedrock of the Community United States 11980 Posts	Posted 08/27/2023 8:32 pm Quote: https://www.bbc.com/news/world-midd...ast-66594076 A British auctioneer who was at the centre of a BBC investigation has pleaded guilty at a New York court to a series of charges in connection with unlawful sales of rare ancient coins. Richard Beale, director of London-based auction house Roma Numismatics, admitted two counts of conspiracy and three counts of criminal possession of stolen property, court documents show. He was accused of falsifying the provenance of the most expensive coin ever auctioned - the gold Eid Mar, which fetched $4.19m (£3.29m) in 2020 - and an ancient silver Sicily Naxos Coin, which sold at the same time for $292,000. He has also admitted to falsifying the provenance of a number of silver Alexander the Great decadrachms from the "Gaza Hoard", which were sold by Roma Numismatics and whose suspicious origin was brought to light by a BBC News Arabic documentary in 2020. IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website:https://fairfaxcoins.com Report this Post to the Staff

livingwater Pillar of the Community United States 2360 Posts	Posted 08/27/2023 8:58 pm That's not good for ancient coin collecting. For some years there's been efforts to restrict the sale of ancient coins in some countries. Having a provenance was not something dealers and collectors used to be concerned about. Report this Post to the Staff
Spence Moderator United States 34564 Posts	Posted 08/27/2023 8:59 pm Yes thx for posting @ns. We already have a thread discussing this though so I'm going to lock this one. Here is the link: http://goccf.com/t/443123 "If you climb a good tree, you get a push." -----Ghanaian proverb "The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz Report this Post to the Staff
samoth Valued Member United States 226 Posts	Posted 08/27/2023 8:59 pm Appreciate the update -- I was wondering how this would turn out. I imagine a lot of us have bought from Roma in the past, too. Report this Post to the Staff
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