Mint coin theft...

Discussion in 'Blogstand' started by NYBanker, Sep 9, 2011.  |  Print Topic

  1. NYBanker
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    NYBanker Gold Member

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  2. Million Mile Secrets

    Million Mile Secrets Silver Member

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    Did he "coin" the bail? ;)
     
  3. deant
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    deant Milepoint Guide

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    How long would it take anyone to carry a couple of million coins out. That is over 425,000 pounds of coins. Also, how could you mail such an amount?

    Something has to be wrong with the news report.
     
  4. harvson3

    harvson3 Silver Member

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    Bust most importantly, did he get any miles or points out of the scheme?
     
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  5. Lighthouse
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    Lighthouse Gold Member

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    You would think that someone in security at the US mint might have noticed.... A real confidence builder....
    I wonder how much is 425,000 pounds in one hundred dollar bills?
     
  6. dgreen12
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    $2.4 million in "value" --- not face value. There are some articles online that said that early-on error coins were getting anywhere from 50x to 150x of their face value in eBay auctions.
     
  7. deant
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    deant Milepoint Guide

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    Even if he was selling them for 150 times face, then it would still be about 3,000 lbs of coins.
     
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  8. LETTERBOY
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    This guy was part of the Mint security, so he presumably knew how to beat the limitations of whatever systems they have in place. And he probably didn't take all the coins at once. That would've been pretty dumb.
     
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  9. dgreen12
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    dgreen12 Silver Member

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    More realistic than 20 tons of coins. ;)
     

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