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Dealing with a robbery

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Don’t resist a robbery, ever. I did, and it’s not an experience that you want to have.

Just because you’ve been the victim of a coin robbery doesn’t mean that it’s the end of the world. You have a much better chance of recovering your coins today than you did years ago. New technologies make it easier for you to send information about your robbery to those people who are most likely to recover your coins for you: coin dealers and law enforcement authorities.

Here are my recommendations about what to do now (before you’re robbed) and what to do after a robbery takes place:

 Keep good records. This way, you can supply a list of the missing coins to law enforcement authorities. Be sure to keep on file as much information as possible, includingA description of the coin, including any identifying marksSerial numbers (if the coins have been encapsulated by an outside grading company)Catalog identification numbersThe current value of the coinThe date you purchased the coinThe dealer from whom you purchased the coin

 Have your best coins photographed to help make positive identifications. Digital cameras and the use of the camera in your cell phone make coin photography easy and inexpensive.

 Begin locally and end globally. Contact every dealer in the town where your coins were stolen; then target dealers in the surrounding towns, dealers in the major cities in your state, and dealers in the major cities throughout the United States.

 Provide every contact as much information as possible, including inventory listings and photographs. Be sure to include contact information for yourself and any law enforcement officials involved with your case.

 Use email. Email allows you to send the same message to a large number of recipients at the same time. When I say “large,” I’m talking about the potential to contact hundreds and thousands of dealers. You could send an email each week just as a friendly reminder for dealers to keep an eye open for your missing coins. Be sensitive to spamming issues (sending unsolicited emails). Although most dealers are eager to help people recover their stolen coins, others may find your emails to be a nuisance. If someone asks you to stop sending them emails, honor the request quickly and politely.

Coin Collecting For Dummies

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