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Massive gold coin worth millions stolen from German museum
APnews ^ | 3-27-17 | DAVID RISING

Posted on 03/27/2017 3:20:40 PM PDT by dynachrome

Thieves broke into the German capital's Bode Museum before dawn Monday and made off with a massive 100-kilogram (221-pound) gold coin worth millions of dollars, police said.

Police spokesman Stefen Petersen said thieves apparently entered through a window about 3:30 a.m. Monday, broke into a cabinet where the "Big Maple Leaf" coin was kept, and escaped with it before police arrived.

A ladder was found by nearby railway tracks.

The three-centimeter (1.18-inch) thick coin, with a diameter of 53 centimeters (20.9 inches), has a face value of 1 million Canadian dollars ($750,000). By weight alone, however, it would be worth almost $4.5 million at market prices.

(Excerpt) Read more at apnews.com ...


TOPICS: Crime/Corruption; Foreign Affairs; Germany; News/Current Events
KEYWORDS: coin; gold; theft
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Wow
1 posted on 03/27/2017 3:20:40 PM PDT by dynachrome
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To: dynachrome

“The museum says the coin is in the Guinness Book of Records for its purity of 999.99/1000 gold. It has a portrait of Queen Elizabeth II on one side and maple leaves on the other.”


2 posted on 03/27/2017 3:21:49 PM PDT by dynachrome (When an empire dies, you are left with vast monuments in front of which peasants squat to defecate)
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To: dynachrome

” Refugees” ?


3 posted on 03/27/2017 3:22:26 PM PDT by stephenjohnbanker (My Batting Average( 1,000) since Nov 2014 (GOPe is that easy to read))
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To: dynachrome

Imagine the pocket they had to have on their pants!!!


4 posted on 03/27/2017 3:22:27 PM PDT by MeganC (Democrat by birth, Republican by default, conservative by principle.)
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To: dynachrome

Gee, I wonder if they’ll melt it down.


5 posted on 03/27/2017 3:22:34 PM PDT by gundog (Hail to the Chief, bitches.)
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To: dynachrome

That story scared me so much that I had to check my box of coins in my drawer. $4,500,005.25 just like I thought.


6 posted on 03/27/2017 3:24:09 PM PDT by KarlInOhio (a government contract becomes virtually a substitute for intellectual curiosity - Pres. Eisenhower)
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To: dynachrome

7 posted on 03/27/2017 3:27:03 PM PDT by SaveFerris (Hebrews 13:2 Do not forget to entertain strangers, for ... some have unwittingly entertained angels)
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To: dynachrome

Let’s see.....

How many ounces are there in a pound?.......

Ummmmm.....a lot I’ll bet.

Then we multiply that by the price of gold which is.....a lot I’ll bet.

All together.....that is probably a lot of money.

Be on the lookout for some guy trying to buy Hungary with gold.


8 posted on 03/27/2017 3:29:06 PM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: dynachrome
$4.5 mil for a coin? A mere bag of shells...


9 posted on 03/27/2017 3:29:31 PM PDT by C210N
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To: dynachrome

Useless. How could you flip that easily?


10 posted on 03/27/2017 3:30:25 PM PDT by DoughtyOne (NeverTrump, a movement that was revealed to be a movement. Thank heaven we flushed!)
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To: gundog

They’ll have, or it was stolen on an order from a collector. There’s no other way that they can get any money from the theft.


11 posted on 03/27/2017 3:30:32 PM PDT by nopardons
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To: dynachrome

You know they will make a movie about this heist. Could well be “refugees”.


12 posted on 03/27/2017 3:31:02 PM PDT by Parley Baer
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To: DoughtyOne

If it was stolen, or order from a collector, who just wants to own it....hidden away.


13 posted on 03/27/2017 3:31:37 PM PDT by nopardons
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To: dynachrome

How much you wanna bet it was an inside job?


14 posted on 03/27/2017 3:32:10 PM PDT by PLMerite (Lord, let me die fighting lions. Amen)
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To: dynachrome
The three-centimeter (1.18-inch) thick coin, with a diameter of 53 centimeters (20.9 inches)...

Basically a solid gold manhole cover.
15 posted on 03/27/2017 3:32:58 PM PDT by SpaceBar
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To: nopardons

Wonder where Jerry Brown was?

Inquiring minds want to know!


16 posted on 03/27/2017 3:33:12 PM PDT by DoughtyOne (NeverTrump, a movement that was revealed to be a movement. Thank heaven we flushed!)
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To: DoughtyOne

LOL


17 posted on 03/27/2017 3:33:57 PM PDT by nopardons
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To: C210N

A few years back there was serious talk of minting a few $1T coins to resolve the national debt.

18 posted on 03/27/2017 3:34:29 PM PDT by ctdonath2 (Understand the Left: "The issue is never the issue. The issue is always the Revolution.")
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To: dynachrome

This article makes no sense.

220 lbs x 16 ounces x $1,250 per ounce = $4.0 million. Why does it say $750k? I didn’t think a troy ounce made that much of a difference


19 posted on 03/27/2017 3:35:56 PM PDT by mn-bush-man
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To: SpaceBar

Yup. Probably being melted into bars as we speak.


20 posted on 03/27/2017 3:36:00 PM PDT by dynachrome (When an empire dies, you are left with vast monuments in front of which peasants squat to defecate)
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