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Replies: 23 / Views: 3,887 |
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Forum Dad
 United States
24163 Posts |
The Chestertown, MD Police Department is requesting assistance regarding the following residential burglary.
On 09/08/2012 at 1847 hours, the Chestertown Police Department received a report of a burglary and theft of gold and silver coins. The coins were stolen from a private residence. These coins were stolen while the resident was out of town. The resident left on 8/31/2012 and returned on 9/8/2012.
Three green plastic "monster boxes" from the United States Mint which contained either gold or silver coins was stolen. Also several tubes of silver coins missing out of another monster box.
The following items were stolen:
One monster box of United States Gold Eagles.
Two monster boxes of United States Silver Eagles.
One monster box containing twelve 1/10 oz Gold, and ΒΌ oz Gold. Anyone with information on this offense should contact: PFC Howard Eveland Chestertown Police Department Phone# 410-778-1800 Fax# 410-778-1828 or Doug Davis 817-723-7231 Doug[b][/b]@[b][/b]numismaticcrimes.[b][/b]org
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Pillar of the Community
United States
1424 Posts |
wow...who leaves a million dollars worth of bullion sitting at home while they are on vacation?
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Pillar of the Community
United States
1436 Posts |
 . I bet the perpetrator knew that the owner had the coins and just waited for him to be gone. I wonder why the thief didn't take everything?
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Bedrock of the Community
United States
14454 Posts |
Quote: who leaves a million dollars worth of bullion sitting at home while they are on vacation? A lot of people actually leave more valuable things than that home when they travel. I don't know of a place that would be sufficient to leave them as no SDB I know of would hold them all. You pretty much just think that everything will be safe at your house and usually they are, there are a small percentage of thefts like this from people that do leave this type of things at their homes. This type of thing usually happens when the wrong person knows that you have it and also knows you are going to be away from home and when. There is a very small chance some random burglar just got lucky when they broke into a random house that had all this in there. In these types of cases family members come to mind of people that probably played a part of it either by participating themselves or by talking about it to the ones that did it
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Bedrock of the Community
United States
10045 Posts |
Personally, I'd have trouble sleeping with that much bullion in my house. The enormous magnitude of $ value could easily motivate a violent crime. Then again, I would remain completely silent if I kept this at home--there's no better security than absolute secrecy. This kind of theft is extremely "liquid" and I suspect will be nearly impossible to recover.
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Rest in Peace
United States
10625 Posts |
I'll bet they were insured. Nuff said...
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Bedrock of the Community
United States
10045 Posts |
Dave, just thinking out loud here--but what kind of homeowner policy would cover $1 million in bullion with inadequate security? 
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Rest in Peace
United States
10625 Posts |
Quote: but what kind of homeowner policy would cover $1 million in bullion with inadequate security? I didn't see the part about the inadequate security. My bad...
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Bedrock of the Community
United States
10045 Posts |
Dave--sorry, not trying to 'win' the convo or anything.  Just a hypothetical from an insurer's POV, and whether many homes are adequate protection for that much $ in bullion.  I'd really hate to feel insured, get robbed, and then have the insurer contest their coverage.  Whenever I take a trip, I dump anything of possible high-value resale at my SDB.
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Bedrock of the Community
United States
14454 Posts |
Quote: Whenever I take a trip, I dump anything of possible high-value resale at my SDB Do some larger banks have SDB's big enough to handle this amount of items? I know the ones I have seen around here are rather small. I have one of the biggest ones I could find around here and it still wouldn't hold 1/4 of that amount of coins unless maybe they were all just dumped in there, no holders or anything (and even then I am pretty sure it wouldn't hold all of them). I have to rearrange everything in mine with just the small amount of coins I have in there every time I add something to it and I am always thinking there is no way this is going to fit each time
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Pillar of the Community
United States
2602 Posts |
Why not have an in-home large safe bolted to the floor? Not likely your garden variety thief would know to bring a bulldozer to rip that out. :) Also most thieves not likely prepared for opening a gun safe. Most thieves want to go in and take stuff and get out ASAP.
Not sure why they didn't take everything though- possibly got scared off by a noise in neighborhood.
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Valued Member
United States
234 Posts |
This scary,funny,sad,and a lesson all at the sametime
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Rest in Peace
United States
10625 Posts |
I just find it hard to believe someone had this much bullion just lying around in their home and not in some sort of safe. If you can afford this much bullion you can afford a safe and security system to protect it. It just seems wrong.
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Bedrock of the Community
United States
10045 Posts |
Quote: Do some larger banks have SDB's big enough to handle this amount of items? Personally I'm unsure--because I'm nowhere monied enough to need a SDB larger than my bank offers.  Not trying to start a flame war--but just thinking how I would do things if I owned that much bullion--absolute secrecy may not give me enough piece of mind, unless I had a steel+concrete panic room/vault with some killer security system. 
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Valued Member
United States
432 Posts |
When I read a story like this, I think a person would be better off burying everything under their dog box.
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Moderator
 United States
188770 Posts |
Quote: ...absolute secrecy may not give me enough piece of mind, unless I had a steel+concrete panic room/vault with some killer security system. I agree. Even then, I would still be uncomfortable. 
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Replies: 23 / Views: 3,887 |