The First Art Newspaper on the Net   Established in 1996 United States Thursday, February 22, 2018


Heritage Auctions staff aids in recovering stolen coins
Bill Walker identifies two instances of how stolen coins found their way back on the market.


DALLAS, TX.- Quick thinking on the part of a Heritage Auctions staff member led to the discovery of two high-value coins re-entering the marketplace.

In January 2017 Bill Walker, a rare coin specialist in Heritage Auctions' Dallas office, was approached by a Florida coin dealer seeking to auction five rare coins. Walker began researching the coins and noticed that they all had been offered and sold in the firms' Florida United Numismatics (FUN) Auction in 2016. The winner purchased seven coins and the Florida dealer was offering five from the purchase.

Realizing that the coins likely did not belong to the same person who successfully won the coins in the auction, Walker delved even further into the matter. Curiously, the dealer was being offered the coins for less than the recent auction records. Walker called contacts in the hobby and then the winning bidder to learn if the coins had been sold following the auction. As expected, the winning bidder denied selling the coins at a loss and only then made aware they had been stolen.

Walker traced the coins' history and discovered they likely were stolen while on the way to Numismatic Guaranty Corporation by a mail carrier shipment shortly after the auction. They likely were sold then to a Florida dealer, who subsequently offered them to another dealer, who eventually contacted Heritage Auctions.

"I knew these coins could not have belonged to the winning bidder," Walker said. "I thought it was extremely odd that the seller was offering the coins for less than the recent auction price. Come to find out some coins had been broken out of their certified holder."

Thanks to Walker's work and quick thinking, the grateful owner has so far recovered five of seven stolen coins.





Today's News

June 2, 2017

MoMA completes first phase of renovation and reveals final expansion design

For Ai Weiwei, Trump a 'brand' for global trend toward hate

Unique Malevich drawing discovered during Stedelijk inventory of the Khardzhiev Collection

Heritage Auctions staff aids in recovering stolen coins

Salvador Dali's Jesus on offer at Bonhams Impressionist and Modern Art Sale

Noose found at African American museum in Washington

Sotheby's to offer the only version of one of the most iconic works by Rossetti to remain in private hands

Architecture star Foster sets up foundation HQ in Madrid

Jerry Garcia guitar raises more than $3 million for rights group

After 50 years, handful of survivors on 'Sgt. Pepper' cover

Brian Jones' suede fringed jacket headlines Bonhams Entertainent Memorabilia Sale

World-record price for Emilio Vedova established at Dorotheum's Contemporary art auction

Christie's announces highlights from its upcoming Handbags & Accessories Online June Auction

A.H. Wilkens Auctions & Appraisals to offer an important collection of 100 Japanese scroll paintings

A revised scheme for Celebrating Scotland’s Art announced in Edinburgh

Ding Yi's first solo exhibition in London on view at Timothy Taylor

Exhibition reflects on the role of women artists in the development of Egyptian Modern art

The Musée de l'Elysée opens one of the first exhibitions devoted to the history of the slide

Silver snuff box makes world record price of £48,800 in auction at Matthew Barton Ltd

Exhibition at Michael Werner Gallery explores an important period in Per Kirkeby's oeuvre

Media veteran joins Boscobel staff

Czech conductor Belohlavek dies at 71

Above-estimate total of $5.3 million for Sotheby's inaugural sale of Fine Jewels in Geneva

Whitney announces appointment of Kim Conaty as Curator

Most Popular Last Seven Days



1.- The Morgan explores the Medieval world's fascinating approach to the passage of time

2.- Experts discover hidden ancient Maya structures in Guatemala

3.- Egyptian archaeologists unveil tomb of Old Kingdom priestess Hetpet

4.- The Speed Art Museum and Italian Ministry reach loan agreement on ancient calyx-krater

5.- Major exhibition features artistic masterpieces from the glorious Church of the Gesù

6.- From Beowulf to Chaucer, the British Library makes 1,000 years of rich literary history freely available online

7.- Truck damages Peru's ancient Nazca lines

8.- Trish Duebber is new Coordinator of Youth Programs at Boca Raton Museum Art School

9.- Exhibition examines the way art, like language, was used to articulate a rhetoric of exclusion

10.- The Dallas Museum of Art announces gift of three major European works



Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 

Founder:
Ignacio Villarreal
Editor & Publisher:Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez


Royalville Communications, Inc
produces:

ignaciovillarreal.org avemariasound.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful