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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 jkovac@macon.com. January 26th, 2014. (http://www.macon.com/)

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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