ANA rewards dealer for returning stolen coins

October 3, 2000 By ekr

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ANA rewards dealer for returning stolen coins

As part of its on-going reward program to stop crimes against numismatic thieves, the American Numismatic Association (ANA) paid coin dealer Dave Thaxter of Elkridge, Maryland, $1,000 for returning coins stolen from Richard Nachbar Rare Coins of Williamsville, New York.

Nachbar also gave Thaxter $1,000 for returning 10 “very rare” certified coins reported stolen during shipment.

Last March, Nachbar discovered that an overnight mail service had not delivered a package of rare coins to one of his customers in New Jersey. By the time Nachbar was able to list his missing coins on two coin dealer trading networks, the missing items had been sold twice_first by the alleged thief and the second time by another Maryland dealer to Thaxter of Metro Wholesale Coin & Currency Supply.

When Thaxter discovered the coins he had purchased were listed as stolen, he contacted Nachbar and returned them. The thief, identified through information he provided the first coin dealer, was arrested.

The ANA offers rewards of up to $5,000 to anyone who provides information leading to the arrest and prosecution of thieves who steal numismatic property from Association members.

For complete details on the Reward Fund or to request special decals for dealer shop windows, contact the ANA Mediation Department, 818 N. Cascade Ave., Colorado Springs, CO 80903-3279; telephone 719/632-2646; fax 719/634-4085; E-mail anamed@money.org; or visit ANA’s web site at www.money.org.

Originally Release Date: October 3, 2000
ANA Contacts: Phone: 719-482-9872
                            Email: pr@money.org
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