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$500k In Bullion/Coins - Gone!

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 16 / Views: 2,820Next Topic Page 2 of 2
Pillar of the Community
United States
2168 Posts
 Posted 12/05/2011  10:47 pm  Show Profile   Bookmark this reply Add angel2004 to your friends list
I can't get the link to show the story. I saw a link to this story on another site and no luck. What actually happened? Is it like you describe. Really scary things are happening to coin dealers
Rest in Peace
United States
7075 Posts
 Posted 12/05/2011  11:08 pm  Show Profile   Bookmark this reply Add Buddy to your friends list
Better solution might be to wrap all the PMs and hide the lo-jack/dye pack in the wrapper. Theives won't take the time to unwrap...probably...
Rest in Peace
United States
7075 Posts
 Posted 12/05/2011  11:11 pm  Show Profile   Bookmark this reply Add Buddy to your friends list
By the way, that is a terrifying story. A little 14 year old girl was murdered here in IL just last month when she came home after school and walked in a robbers taking some gold coins. Makes me sick.
Pillar of the Community
Canada
1502 Posts
 Posted 12/05/2011  11:12 pm  Show Profile   Bookmark this reply Add poboxw to your friends list
jeez... not sure even one of those giant walk in safes Amazon was selling wouldn've helped with a gun on your head
Bedrock of the Community
Australia
21788 Posts
 Posted 12/06/2011  12:58 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
I have seen a thread on this Forum about fake gold bars made out of tungsten. Both metals have the same density, 19.3 g/cc.
Rest in Peace
United States
9104 Posts
 Posted 12/06/2011  10:32 am  Show Profile   Bookmark this reply Add biggfredd to your friends list

Quote:
I have seen a thread on this Forum about fake gold bars made out of tungsten. Both metals have the same density, 19.3 g/cc.

The problem isn't duplicating the density of the gold. The problem is if you replace a bunch of hollowed-out gold with lightweight GPS parts, you need something heavier than gold to make up for it.

And what do you do when the battery dies? The opening can't be very obvious.

$500,000 in gold is less than 300 ounces. That's a cigar box full.
Valued Member
United States
425 Posts
 Posted 12/06/2011  11:57 pm  Show Profile   Bookmark this reply Add odentheviking to your friends list
Quote: "The problem isn't duplicating the density of the gold. The problem is if you replace a bunch of hollowed-out gold with lightweight GPS parts, you need something heavier than gold to make up for it.

And what do you do when the battery dies? The opening can't be very obvious."

I think the smarter approach would be to have something else of value the thieves would be sure to take. What about a bundle of what looks like $100 bills shrink rapped with the transmitter inside?

Valued Member
344 Posts
 Posted 12/07/2011  05:28 am  Show Profile   Bookmark this reply Add chris beatie to your friends list
This is not nearly as complicated as you guys are making it out to be. Transmitters are extremely small the ones in cell phones are no bigger then a pinky nail and almost as thin and for the right price so can be a extremely small yet long lasting power source for it. Think of using a betavoltaic battery. Yes it would cost hundreds of thousands to get one, but hey we are talking about pounds of gold worth millions or billions. As for the size of the bar, it would only need to be a extra millimeter or two thick for a 100 oz bar, thats not noticeable even if side by side.

Do any of us need it because we have millions in gold laying around? No I doubt it and if you do please send me a few oz for safe keeping :).

But as for the idea it is quite simple to do. I could rig something up with a few bucks in my garage.
Valued Member
United States
333 Posts
 Posted 12/07/2011  10:08 am  Show Profile   Bookmark this reply Add BuffaloBonehead to your friends list
I hope this case is solved. The fact that it was an inside job really bothers me. I'm guessing there is a relative with a drug problem.
Rest in Peace
United States
9104 Posts
 Posted 12/07/2011  6:29 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list
Relatives can be a real problem. First, you really don't want to believe they have a drug, gambling, etc problem. Then, they often have access to stuff that you wouldn't allow to, for example, the plumber or a house guest. Finally, even if caught red-handed, you don't want to prosecute.
Valued Member
United States
493 Posts
 Posted 12/07/2011  11:02 pm  Show Profile   Bookmark this reply Add everything to your friends list
I, and others I know have relatives who have stolen from them, they will sometimes try to blackmail you, my gfriends sister lied to her in order to get her to give her $4,000, she got away with it of course. I told her she was crazy to give her the money, of course she went to the gaming casino with it. Same girl stole her grandmothers identity and opened up some credit card accounts, to the tune of $10,000. She never went to jail, nor paid any of it back, just saw her at Thanksgiving, she can do no wrong, I call it thepass.
Valued Member
344 Posts
 Posted 12/08/2011  06:53 am  Show Profile   Bookmark this reply Add chris beatie to your friends list
Lol Bigfred. If one of my family beat me to near death, threatened to light me on fire with a gun in my daughters mouth. I don't care family or not, ill kill em myself.
Valued Member
344 Posts
 Posted 12/08/2011  06:55 am  Show Profile   Bookmark this reply Add chris beatie to your friends list
I often give my mom "loans" half of which she never pays back. But thats far from her putting a gun to my head and beating me with it O.O

Then again come to think of it one time I did give her my credit card and she charged a whole heck of a lot without asking :/ Yeah darn family.
Rest in Peace
United States
9104 Posts
 Posted 12/08/2011  10:50 am  Show Profile   Bookmark this reply Add biggfredd to your friends list
Actually, it doesn't have to be a bar or coin with a transmitter in it, unless you're trying to track the thief. Old, cheap, technology is based on how electronic scales and in-ground traffic controllers work.

One part of a shelf has a sensor in it. Doesn't look any different from the rest of the shelf, but if you lift the weight off it, the resistance changes and sends a silent alarm to the police.
Pillar of the Community
United States
4008 Posts
 Posted 12/08/2011  7:46 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list

Quote:
Yeah darn family.

Wow. Sorry to hear about your family financial problems, Chris.

There is an old Scottish proverb that has application here, "Fool me once, shame on you. Fool me twice, shame on me".
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