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Positive Protection Guard Tackles Suspected Coin Thief In Long Beach

June 13, 2016 in Coins, Collecting, Conventions, Events, News, Numismatic Crimes, Numismatica, Numismatics, Press Releases, Rare Coins, Theft

Updated: June 12, 2016

 Positive Protection Guard Tackles
Suspected Coin Thief In Long Beach


(Long Beach, California) — A suspected thief was tackled by a Positive Protection, Inc. ( security guard as he tried to escape at the Long Beach Coin, Currency, Stamp & Sports Collectible Expo ( on Friday, June 10, 2016.  An alleged accomplice with a backpack containing more than $300,000 of rare coins was also taken into custody.

Both suspects were turned over to Long Beach police on suspicion of burglary, robbery and possession of stolen property.  Two other suspects were arrested the next day and more stolen coins were recovered.

“They reportedly were trying to sell coins at the Long Beach Expo in the Long Beach Convention Center.  One dealer they approached, Karl Stephens, thought the coins they were offering had been stolen earlier in a robbery in the San Bernardino, California area,” said Patrick Coward, a guard for Positive Protection of Temecula, California, a company that provides security services for coin and jewelry dealers.

When the suspects tried to leave, the dealer shouted out to stop them.  I was nearby and when one suspect started to run I chased him and tackled him at the door.  Additional security personnel from the show helped subdue him.  The second suspect was stopped without a problem at the door as he tried leave.  His backpack was filled with more than 100 ancient coins and other gold and silver coins worth more than $300,000,” explained Coward, a former New York City homicide detective.

The brief chase and the tackle were captured on surveillance video at the booth of Stack’s Bowers Galleries ( of Santa Ana, California and New York City.

This surveillance video shows Positive Protection, Inc. security guard and former New York City Police homicide detective Patrick Coward on the left as he immediately chased and tackled a suspected coin thief when the suspect tried to flee from a coin show in Long Beach, California on Friday, June 10, 2016. His alleged accomplice is then stopped at the door while carrying a backpack with a reported $300,000 in rare coins believed stolen in an earlier theft in the San Bernardino, California area. VIDEO CREDIT: courtesy of Stack’s Bowers Galleries.

“With the help of a knowledgeable dealer and the fast action of trained security professionals, two suspected thieves were caught and valuable, stolen rare coins have been recovered,” said Robert Brueggeman, President of Positive Protection which provides on-site security for all the Whitman Expo and American Numismatic Association convention shows.  “We always want a safe, enjoyable environment for dealers and the public at these collectible shows, but we also must always be on alert.”

A day after the capture of the two suspects at the coin show, Long Beach Police arrested two more suspects who reportedly came to retrieve the car of the first two suspects.  Investigators recovered from the car what is believed to be the remainder of the stolen rare coins.


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‘Pawn Stars’ Shop May Have Melted Stolen $50,000 Coin Collection

March 11, 2014 in American Buffalo, Antique Coins, Burglaries, Coins, Gold, Gold Buffalo, Gold Coins, Morgan Silver Dollars, News, Numismatica, Numismatics, Precious Metals, Rare Coins, Silver, Silver Coins, Theft, USA Coins

By ALAN FARNHAM via Good Morning America March 11th, 2014.  (

A man whose $50,000 coin collection was first stolen, then hocked, cannot recover it from Las Vegas’ famous “Pawn Stars” pawn shop. Reason: The hock shop claims it melted the coins down.

According to a criminal complaint filed by the State of Nevada in Clark County Justice Court, a coin collection valued by its owner, David Walters, at up to $50,000, was stolen from Walters’ Las Vegas home in November 2013 by Walters’ niece, Jennifer Beckman.

Court documents say Walters’ collection–kept in a bag hidden under a dresser–contained such rarities as a 1903 St. Gaudens $20 gold piece and Silver Morgan coins from the 1880s. It also contained contemporary 1 oz. American Buffalo gold pieces.

Full article at the source>

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Over 150 medieval and ancient coins confiscated by police at numismatic fair in Romania

February 25, 2014 in Ancient Coins, Antique Coins, Archaeology, Coins, Collecting, History, Numismatic Crimes, Numismatica, Numismatics, Rare Coins, Roman Coins, Theft, World Coins

By Irina Popescu. February 25th, 2014 (

A total of 154 old coins were confiscated by the police at a numismatic fair in Brasov, center Romania.

The coins, some of them dating from the second and first centuries B.C. while others from the medieval period, came from archeological sites and were illegally sold at the fair for prices between RON 5 and RON 20.

“After the police checked the 125 persons participating at the fair,  seven people aged between 35 and 61, from Bihor, Buzau, Caras Severin and Salaj counties, and Bucharest were identified, they illegally traded 154 ancient and medieval coins that seem to come from archaeological sites protected by law,” according to the Brasov County Police spokesman, Liviu Naghi, quoted by Mediafax.

Full article and video at the source>

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Coin show vendors often find themselves the targets of thieves

January 27, 2014 in Coin Shows, Coins, Collecting, Conventions, Gold, Gold Coins, News, Numismatic Crimes, Numismatica, Numismatics, Silver, Silver Coins, Theft, World Coins

By: Joe Kovac January 26th, 2014. (

PERRY — When you deal in silver and gold, and your wares include an honest-to-goodness $100 trillion dollar bill, you can never be too careful.

As much as collecting coins can be a hobby, coin shows like the one the Middle Georgia Coin Club hosted during the weekend at the Georgia National Fairgrounds and Agricenter can be a target for thieves.

The collectibles, after all, are money.

Glass displays at the Perry showcased gold coins worth thousands and included an 1893 silver dollar estimated at $15,000. There were $20 U.S. gold pieces from the early 1900s going for $1,300 and up.

Precautions must be taken. Seven years ago, knife-wielding bandits in surgical masks pulled off a $4 million heist at a coin convention in Orlando.

“It’s organized crime,” collector Phil Comer, who helped put on the Perry event, said Sunday. “There are all sorts of ruses, people working in teams.”

Full article at the source>

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MC Sheriff’s Office seeks help in big rare coin theft

January 24, 2014 in Antique Coins, Coins, Half Dollars, News, Numismatic Crimes, Numismatica, Numismatics, Silver, Silver Coins, Theft, USA Coins

Thousands of dollars worth of “Walking Liberty” half dollars stolen in Wolftown

By Don Richeson / Eagle Editor. January 24th, 2014 (

MADISON — Authorities are seeking the public’s help with a recent rare coin theft from a Wolftown residence that could total as much as $18,000. A Garth Run Road resident reported this month that he noticed as many as 30 rolls of his mostly pre-1947 “Walking Liberty” silver half dollar coins he had collected were missing. Each $10 roll contained 20 coins, which now can sell for as much as $30 or more per coin.

Walking Liberty Half Dollar

This is the type of coin stolen in a recent Wolftown burglary. Authorities want to know if the public has seen any of these circulating this month.

“I’m hoping someone will notice these coins circulating,” Madison County Sheriff’s Investigator Greg Garrett told The Eagle last week. The coins had been concealed away in a master bedroom and were not viewed regularly, so the owner isn’t exactly sure when they went missing, but reported last seeing them just before Christmas, Garrett said.

There were no signs of forced entry and nothing else appears to have been taken – just the coins. “Someone must have known something,” Garrett said, noting that the thieves were somehow able to slip in and out despite the presence of dogs in the house, which may have been left unlocked. The missing coins were mostly the type that depicted “Lady Liberty” on the front and an eagle on the back. There were also a few early 1960s Kennedy silver half dollars in the collection.

“They have a lot of sentimental value to the owner, who had been collecting them for a number of years,” Garrett said.

Anyone with any information on the theft or who may have seen one of the coins are requested to call the MCSO at (540) 948-5161.



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Bitcoin wallet service hacked, 4,100 Bitcoins stolen

November 9, 2013 in Bitcoin, Investing, News, Theft, Virtual currency

08 November 2013. Zeljka Zorz (



A daring hack and heist targeting online Bitcoin wallet service has resulted in the theft of 4,100 Bitcoins (currently over $1.3 million) and has left some of the users extremely disgruntled. Indeed, some of them are even accusing the owner of being behind the hack himself.

Wired reports that the owner, apparently a youngster from Australia who goes by the online handle “TradeFortress”, has waited nearly two weeks to notify the affected users and the public about the two breaches (one was executed on October 23 and the other on October 26).

“The attacker compromised the hosting account through compromising email accounts (some very old, and without phone numbers attached, so it was easy to reset). The attacker was able to bypass 2FA due to a flaw on the server host side,” he explained in a post on the service’s main page, adding that is unable to pay all user balances.

Full article at source>


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