On April 2, 2010 the Numismatic Crime Information Center and several dealers in the Los Angeles California area were instrumental in assisting the Los Angeles County Sheriff’s department in a dramatic arrest and recovery of $95,000 in rare Chinese gold coins.

Det. Lord with the Los Angeles County Sheriff’s Department contacted the Numismatic Crime Information Center at Numismaticcrimes.org and requested assistance on an individual attempting to pawn six 1921 China Republic $1 gold coins for $20,000 a piece. Doug Davis Founder/President of NCIC contacted Det.Lord by phone and offered the services of the Numismatic Crime Information Center. While on the phone Det.Lord and other officers had the suspect under surveillance and Lord proceeded to explain the circumstances to Davis. Det. Lord advised Davis that they were in the process of taking down the suspect and would need assistance in identifying the coins. The suspect was arrested and the coins confiscated.

Det. Lord forwarded pictures of the coins to Davis which were housed in plastic 2×2’s and had stickers imprinted with a number and the name Sotheby’s on the outside. Concerned about the authenticity of the coins Davis contacted PNG dealer Robert Van Bebber to assist investigators. The coins were taken to Van Bebber and after examination he validated the authenticity of the coins. In addition, contact was made with Sotheby’s who identified the coins as being those sold in a 1986 auction.

Although there had been an arrest and the coins recovered no victim had been identified. Davis contacted several dealers in the southern California area who specialize in world coins to determine the potential identity of the victim. No one could provide any information on the offense. During the course of the investigation an informant advised investigators that the suspect had burglarized several businesses in the Los Angeles area and showed them the locations. Investigators contacted one of the business owner‘s who identified the coins. The victim had bought the coins for $25,000 in a 1986 Sotheby’s auction and did not know they had been stolen.

“This is the first case we have investigated involving coins and the resources provided by the Numismatic Crime Information Center were invaluable in the successful conclusion”, said Det. Lord. The suspect a known felon was charged with several burglaries and faces life in prison. (more…)

The following Email was received from Detective Christopher Browne of the Acton, Mass Police Department reporting the theft of coins from his car and reported the crime to the police at 3:49 p.m. April 3.

“Coin dealer Lano Balulesco of Concord, MA, had just departed from a Coin Show in Neighboring Town of Westford Ma.

Lano had his coins on display at the show. Lano drove to 305 Main St Acton, Ma. and parked his car in a shopping plaza parking lot. He went into a store at the plaza for just minutes and came out and found his car window smashed and his suit case of coins stolen.

Coins are valued at approximately half million dollars. Attached is an itemized list of stolen coins.

My contact information is below but if you need any other information do not hesitate to contact me.”

Detective Christopher Browne
Acton Police Department
Phone: (978)264-9640
Fax: (978)263-3501
cbrowne@acton-ma.gov

Itemized list of stolen coins

Colonial 1787 PCGS VF30 Conn, Draped Bust Left
Colonial 1787 NGC VF30 Mass 1c
1/2c 1794 NGC XF45 C-1a
1/2c 1797 NGC VF35 C-2, plain edge
1/2c 1806 PCGS MS62B
Large 1c 1793 PCGS F12 wreath, lettered edge
Large 1c 1794 NGC VF35 head of ‘94
Large 1c 1794 PCGS XF40 head of ‘94
Large 1c 1821 NGC AU53 (more…)