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I Feel Bad For This Dealer......

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wheatguy's Avatar
United States
1534 Posts
 Posted 10/14/2009  7:51 pm Show Profile   Bookmark this topic Add wheatguy to your friends list Get a Link to this Message Number of Subscribers
Edited by wheatguy
10/14/2009 7:54 pm
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ratman4762's Avatar
United States
2520 Posts
 Posted 10/14/2009  7:58 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
I feel bad for him too! But what was he thinking leaving that kind of collection in his car while he spent an hour in a restaurant? I think most of us, if we were in that situation would have drove through McDonalds or something!
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copper nickel daddy's Avatar
United States
2224 Posts
 Posted 10/14/2009  8:05 pm  Show Profile   Bookmark this reply Add copper nickel daddy to your friends list Get a Link to this Reply
Horrible! I was reading a few of the comments after the article and one person mentioned that it is pretty foolish to leave millions of dollars worth of coins in a vehicle to go into a restaurant. I have never dealt in rare coins, but back in the baseball card boom days of the early 90's I was a weekend sportscard dealer with a pretty decent sized inventory. You can only eat at drive-thru's so many times! You tried to do what Mr Leidman did and park where you could see the vehicle, but if you are followed, there is only so much that you can do, except head straight home or to your hotel.
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Parklane64's Avatar
United States
2668 Posts
 Posted 10/14/2009  8:06 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
I keep trying to teach my Chinese friends, 'there is a vulture, somewhere, watching your business more closely than you'.

This is an example.
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jcook54's Avatar
United States
533 Posts
 Posted 10/14/2009  8:07 pm  Show Profile   Bookmark this reply Add jcook54 to your friends list Get a Link to this Reply
That's heartbreaking to read. I would be sick if my collection was stolen and it's not even worth 20 grand. I can't help but think a large show would tend to draw all types of unsavory characters who look for this kind of "opportunity." I hope that catch the person and that the items get recovered.
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DVCollector's Avatar
United States
10045 Posts
 Posted 10/14/2009  9:19 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply

Quote:
Rare coins estimated to be worth millions of dollars were stolen from the car of a renowned Maryland dealer when he stopped in Pine Brook for dinner on his way home from a coin show.
I would gather somebody followed him from the show, supposing they would get an opportunity when he stopped? Dealers I know watch out for stolen collections and I hope these thieves are caught.
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United States
505 Posts
 Posted 10/14/2009  9:31 pm  Show Profile   Bookmark this reply Add Frazzle to your friends list Get a Link to this Reply
This sounds like a con job to me....noone with any brains would leave that amount of valuables in a vehicle unattended....If he puts in an insurance claim,the Insurance company should investigate this vigorously,before handing out any cash
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biokemist6's Avatar
United States
12437 Posts
 Posted 10/14/2009  9:33 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Julian Leidman is a very knowledgeable, long time, high end dealer and a decent guy from what I know of him. It is suspected that he had a tracking device placed on his vehicle, there have been several other dealers targeted in that manner in the past couple years.

Edit: Frazzle- do not smear the reputation of someone when you have no idea who they are...
Edited by biokemist6
10/14/2009 9:34 pm
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ratman4762's Avatar
United States
2520 Posts
 Posted 10/14/2009  9:37 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
I doubt it's a con job! This is a well known dealer who had (past tense) alot of valuable hard to replace coins. It was an error on his part leaving them unattended. A very costly error!
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cownas22's Avatar
United States
1055 Posts
 Posted 10/14/2009  9:47 pm  Show Profile   Bookmark this reply Add cownas22 to your friends list Get a Link to this Reply
WOW, That is an incredible amount $$$ in coins to carry in a car period. I think I might of hired an armored escort from the show to the vault! Hope these rats are caught. Who ever tries to sell the "great rarities" as they are called most likely will be caught as they are very rare and easily recognized by a large number of people.
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wheatguy's Avatar
United States
1534 Posts
 Posted 10/14/2009  11:48 pm  Show Profile   Bookmark this reply Add wheatguy to your friends list Get a Link to this Reply
Yeah I was really surprised as I read the article. When I leave coins in the car, I'm afraid of leaving $50 worth of coins, let alone millions! I guess it was partly his fault, but I hope he gets the coins back and the thieves are caught.
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copper nickel daddy's Avatar
United States
2224 Posts
 Posted 10/15/2009  12:23 am  Show Profile   Bookmark this reply Add copper nickel daddy to your friends list Get a Link to this Reply
with biokemist!

Julian Leidman has been involved in the hobby for many years and is very well respected. The number of dealers willing to put up money toward the reward is a testament to that. No "con job" here, just a very sad and unfortunate incident.
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bejon's Avatar
United States
108 Posts
 Posted 10/15/2009  06:05 am  Show Profile   Bookmark this reply Add bejon to your friends list Get a Link to this Reply
This really stinks. Hopefully they catch the thief and get the coins back.
Bedrock of the Community
United States
20753 Posts
 Posted 10/15/2009  10:57 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Something is wrong here though. If this person is a long time dealer he should really know about criminals following dealers and customers from coin shows. It is really common and if there really was that large amount in that car, then as a long time dealer that just doesn't make sense. Many, many dealers I know have a security guard walk them to their cars after a show. They then watch the parking lot to see if anyone follows them out. Most dealers have a system where they stop by a police station on the way home for a few minutes. Some drive around the area for a while to see if being followed. And these are dealers with a lot less than was claimed here as stolen. Possibly all is true about this story but it all just doesn't make sense. With the economy being so poor and all kinds of robberies and home invasions on the increase for a professional coin dealer to leave that amount in a car after a coin show, HMMMMMMM.
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822 Posts
 Posted 10/15/2009  11:10 am  Show Profile   Bookmark this reply Add scubu to your friends list Get a Link to this Reply

Quote:
Many, many dealers I know have a security guard walk them to their cars after a show.


I know a few that always ship their coins to the show, then ship them back.
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Figman's Avatar
United States
245 Posts
 Posted 10/15/2009  12:04 pm  Show Profile   Bookmark this reply Add Figman to your friends list Get a Link to this Reply
"With the economy being so poor and all kinds of robberies and home invasions on the increase for a professional coin dealer to leave that amount in a car after a coin show, HMMMMMMM."


I'm all way's skeptical of claims like this, especially when that someone is way too clean.
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