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Oregon Gunman Robs Coin Shop Of Five Coins, Sells Them At Second Coin Shop

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willieboyd2's Avatar
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 Posted 12/26/2020  10:12 am Show Profile   Bookmark this topic Add willieboyd2 to your friends list Get a Link to this Message Number of Subscribers
A gunman who robbed a Tualatin [Oregon] coin shop Wednesday fled with five coins worth $7,000, and then sold the coins at a Beaverton coin store for less, police said.



A man pointed what looked like a silver long-barreled handgun, demanded an employee remove a tray of coins from a glass display case and place it in front of him, according to police.

The suspect snatched five coins and took off in a black Chevrolet Silverado pickup, its canopy missing a rear window, police said.

The Oregonian OregonLive details:
https://www.oregonlive.com/crime/20...ice-say.html

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Edited by willieboyd2
12/26/2020 10:14 am
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Coinfrog's Avatar
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 Posted 12/26/2020  10:33 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
At least he understood the Beaverton dealer needed a markup.
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Pacificoin's Avatar
Canada
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 Posted 12/26/2020  11:34 am  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
What a mad house our world has turned into .
A year ago a guy walking into a place that sold valuables
or a bank , wearing a mask would not get past the front
Door .
Sadly the loser in this is the second coin dealer he is out
the coins and the money .
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chafemasterj's Avatar
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 Posted 12/26/2020  11:52 am  Show Profile   Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
Yea. I was thinking about the second coin shop owner too. I would hope that his insurance would cover something like that. But I don't know. I would think that the original coin shop owner would have somehow put out an APB to other coin shops in the area to be on the lookout for the stolen coins.

People sure can suck sometimes.
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 Posted 12/26/2020  3:11 pm  Show Profile   Bookmark this reply Add Rothery to your friends list Get a Link to this Reply

Quote:
Sadly the loser in this is the second coin dealer

I can see it now in the headlines: "Coin dealer arrested for receiving stolen property"
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GrapeCollects's Avatar
United States
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 Posted 12/26/2020  3:46 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
I would think that the original coin shop owner would have somehow put out an APB to other coin shops in the area


All of the dealers in the US have a database of stolen or missing coins. We regularly check it and are notified when it updates.
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Pertinax's Avatar
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 Posted 12/26/2020  3:51 pm  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
When I lived in a place with coin stores, all the dealers would agree a purchase price, ask the seller their name and address.
If the seller declined to provide it, they would refuse to buy.
if they did provide it, they asked for proof of address, and when received, would issue a cheque for the purchase price - not cash.

That prevented almost everyone from selling stolen coins and in one case, where the thief provided his real address, the police arrested him.
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GrapeCollects's Avatar
United States
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 Posted 12/26/2020  3:55 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:

When I lived in a place with coin stores, all the dealers would agree a purchase price, ask the seller their name and address.
If the seller declined to provide it, they would refuse to buy.
if they did provide it, they asked for proof of address, and when received, would issue a cheque for the purchase price - not cash.


That's what we do. No cash over $50 and must have a government issued ID we make a copy of.
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Pertinax's Avatar
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 Posted 12/26/2020  4:21 pm  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
So, did the Beaverton dealer not apply the rules or did he take a risk?
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 Posted 12/26/2020  4:34 pm  Show Profile   Bookmark this reply Add MOS0239 to your friends list Get a Link to this Reply
That armed robber would have been in BIG trouble if he wasn't wearing his mask!! The Covid police would have found him!

He's wearing a mask, he's free to go!
Edited by MOS0239
12/26/2020 4:35 pm
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oriole's Avatar
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 Posted 12/26/2020  5:10 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
I think that the buying rules are dependent on the state/ city. My LCS never seem to ask for ID. I live in Ottawa, Ontario. Perhaps I didn't notice.
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willieboyd2's Avatar
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 Posted 01/04/2021  11:26 pm  Show Profile   Bookmark this reply Add willieboyd2 to your friends list Get a Link to this Reply
KOIN News
by: Amanda Arden

PORTLAND, Ore. (KOIN) — Tualatin Police officers arrested a man Monday who they believe committed an armed robbery from a coin shop on Dec. 23.

Police say The Washington County Tactical Negotiations Team and the Washington County Crisis Negotiation Unit took Marcel Ikaika Kuikahi Macy into custody as he left his home Monday morning.

Macy was lodged at the Washington County Jail on a Measure 11 robbery charge.

Investigators believe Macy was armed when he took $7,000 in coins from a Tualatin coin shop and sold them to a Beaverton coin shop for $5,497.

Police said the robbery occurred at around 11:25 a.m. They said the suspect walked into the Local Coin Company, pointed a long-barreled or semi-automatic gun at the employee and demanded a tray of coins be removed from a display case. He then grabbed five coins and left the scene in an early 2000s Chevy Silverado.

Not long after, the robber went to Harry's Coin Shop in Beaverton and sold the stolen coins.

Tualatin police released surveillance photos of the suspect and the truck and later identified Macy as the suspect.

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That Coin Dude's Avatar
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 Posted 01/05/2021  12:05 am  Show Profile   Bookmark this reply Add That Coin Dude to your friends list Get a Link to this Reply
Glad they found him! Wonderful happy ending to a terrible incident
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 Posted 01/12/2021  6:39 pm  Show Profile   Bookmark this reply Add wizened to your friends list Get a Link to this Reply
"he took $7,000 in coins from a Tualatin coin shop and sold them to a Beaverton coin shop for $5,497."

That is a fairly narrow spread for numismatic coins. Maybe some generic gold coins with little value beyond bullion, that were then sold for bullion value.

If those were numismatic coins (e.g. carson city silver dollars or something similar), that would indicate to me that the first shop had fair prices.
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Coinfrog's Avatar
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 Posted 01/12/2021  7:00 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Without knowing the details of the stolen coins, any judgment is speculative.
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