They Stole My Fathers Coins..... But " It Wont Happen To Me"

there is nothing I hate more than a thief. With the economy the way it is crime like this will keep getting worse before it starts getting better. I know people that had worked the same job for 20+ years and now they are looking for work and can't find any. The problem is that these people are up there in age now and allot of companies do not want to hire someone that may only have 10 years before they are at retirement age, so its rough for them

Why do ppl rob banks?

Because that's where the money is.

Ditto upscale neighborhoods.

Last week my insurance agent told me that my homeowner's policy will not cover coin collections, only up to $100 in cash. I could get an expensive rider after a professional appraisal. He also told me to look closely at my (uninsured) bank safe-deposit contract as usually PM's and coins are prohibited from storage.

! That is funny! The joke that is, not the fact that your Father was robbed.

charlesjcoin, I am really sorry that this happened to your father -- and I know it affects your whole family as well because those coins could have someday gone to a grandchild or a great-grandchild.

I've been robbed just about everywhere I have ever lived. Locks only slow down crooks and no security system is fool-proof.

I've heard horror stories about victims who had decent safes and were forced to open them at gunpoint. Frankly, I'd rather get ripped-off while I was not home.

It's just sad. All I can suggest is that you visit the pawn shops and coin dealers and see if you can identify anything.

Again, I'm sorry this happened to your family.

I've been warning people about insuring coins a lot and most don't listen. Even when you do insure coins or anything of value, remember that today all that info goes into a computer system that is normally available to the entire insurance company. It is sort of like placing an add in the newspapers that you have valuables at home.
And I too am really sorry about the loss of those coins. And I do mean LOSS. Most of the time with coins the sad thing is their fate. Stolen coins are usually placed into coin counters in public places or even taken to a bank in a bag. Some are put into rolls and then taken to banks. The criminals are only interested in cash, not Numinatics and usually have little idea of the coins real value. Coins in slabs are smashed with a hammer since all they want is coins, not plastic. Most criminals don't want to take the time to sell coins as something of value, they just want cash.
That is the real horrible part of this story that those collectable coins may just turn up in circulation. So many times on this forum you'll hear someone say how they got a Proof coin in change.
It used to be in many areas people just didn't lock up anything. They all have to learn that things have changed. So many, many are out of work that even many that were once plain, simple, honest working people are turning to crime to survive. Everything today has to be locked up, watched, checked on constantly.
On the plus side is all the jobs now being made available by lock companies, ADT type places, safe manufacturers, etc.

Keep an eye on craigslist for them also.....