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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.  (http://abcnews.go.com)

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.

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