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German Police Arrest Suspects In Theft Of Massive 100 Kilogram Gold Coin - Printable Version

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German Police Arrest Suspects In Theft Of Massive 100 Kilogram Gold Coin - Zero Hedge - 07-13-2017

German Police Arrest Suspects In Theft Of Massive 100 Kilogram Gold Coin

<p>German special commandos have arrested several people in connection with the theft of a large gold coin that was stolen from the Bade museum in Berlin back in March in a brazen theft that shocked the public.</p>
<p>While <a href="http://www.reuters.com/article/us-germany-robbery-coin-idUSKBN19X0QA">Reuters</a> didn&rsquo;t say whether police recovered the coin &ndash; there was some speculation that the thieves would&rsquo;ve melted it down for the gold &ndash; photographs did show police leading away a suspect, whose face was covered to hide his identity. The arrests were made in the Neukoelln area of Berlin</p>
<p><a href="http://www.zerohedge.com/sites/default/files/images/user245717/imageroot/2017/2017.07.10police.JPG"><img alt="" src="http://www.zerohedge.com/sites/default/files/images/user245717/imageroot/2017/2017.07.10police_1_0.JPG" style="width: 500px; height: 358px;" /></a></p>
<p><em>&quot;We are at the moment conducting searches and executing arrest warrants in several places in Berlin concerning the break in at the Bode museum in March,&quot; </em>said Berlin police.</p>
<p>The brazen theft involved entering through a museum window, possibly with the use of a ladder then making off with the 100 kilogram (equal to about 220 pounds) gold coin, according to <a href="http://www.reuters.com/article/us-germany-robbery-coin-idUSKBN19X0QA">Reuters.</a></p>
<p>The museum says the coin, known as &ldquo;Big Maple Leaf,&rdquo; 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, and was minted by the Royal Canadian Mint.</p>
<p>The Canadian coin has a face value of about $1 million, <strong>but if it were melted down, the materials would be worth $4.5 million.</strong></p>
<p><a href="http://www.zerohedge.com/sites/default/files/images/user245717/imageroot/2017/canada.JPG"><img alt="" src="http://www.zerohedge.com/sites/default/files/images/user245717/imageroot/2017/canada_0.JPG" style="width: 500px; height: 320px;" /></a></p>
<p>The coin, 53 centimeters in diameter and 3 centimeters thick, even made it into the Guinness Book of Records for its unrivalled degree of purity. It was loaned to the Bode Museum in December 2010.</p>
<p>During the theft, Spokesman Stefen Petersen said thieves apparently entered through a window about 3:30 a.m. Monday, broke into a cabinet where the &quot;Big Maple Leaf&quot; coin was kept, and escaped with it before police arrived.&rsquo;</p>
<p>The Bode has one of the world's largest coin collections with more than 540,000 items.<br />&nbsp;</p>


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