Wednesday, June 10, 2026
ADVT 
National

Gold, Diamonds Worth Less Than Intact Bejewelled $5-million Eagle: Experts

The Canadian Press, 01 Jun, 2016 10:01 AM
    VANCOUVER — If thieves are hoping to dismantle a stolen jewel-encrusted eagle and sell the gold and gems for cash, they should think again, say jewellery experts.
     
    Police have said the solid gold sculpture, known as the Maltese Eagle, was taken from its owner in a violent robbery on a street in suburban Vancouver on Sunday night.
     
    The eagle stands about 30 cm tall and weighs more than eight kilograms. Its head is adorned with 763 diamonds and it sits on 12.72-carat emerald.
     
    Owner Ron Shore has said the piece that was taken from him in the community of Ladner, B.C., is worth about $5 million.
     
    "It's going to be really hard to sell this because the industry knows about this, they're not going to want to touch it, even if it's in pieces. Unless they're really shady," said Suman Bakshi, who owns a jewelry store.
     
    People in the industry talk and dealers will be on the lookout for suspicious sellers, she said.
     
    Even people who haven't heard about the robbery would think twice if they were approached to take apart such artwork, Bakshi added.
     
    "If someone brought this to me and I didn't know, my alarm bells would go off. I'd be like, 'Why would you want to sell this? Look at this masterpiece!'"
     
    Dismantling the work likely wouldn't be a better option, said David Ritter, president of the Canadian Jewellers Association.
     
    Unsetting the jewels would be difficult, and a novice would likely end up breaking some of the gems, he said.
     
    If someone managed to get the stones out, reselling them to jewellers on high alert would be challenging, Ritter said, adding police would be called, and groups such as the Canadian Jewellers Association or Jewellers Vigilance Canada would likely be informed.
     
    Breaking down the piece and selling off the gems and gold would likely net less than hawking the eagle, he said.
     
    "The design of it is much superior to if you started to take it apart and melt the gold down and get the diamonds. It's just not worth the same."
     
    Bakshi said the eagle will likely end up in a private collection when someone offers the right price.
     
    "Whoever has this is going to have a really hard time selling it because it's such a unique piece."
     
    Police have said they are interviewing witnesses and working on a description of the suspect or suspects.

    MORE National ARTICLES

    Police Believe Remains Found Behind Butcher Shop Are Part Of Human Torso

    TORONTO — Police say they have found what appears to be part of a human torso behind a butcher shop in Toronto.

    Police Believe Remains Found Behind Butcher Shop Are Part Of Human Torso

    Tough Road Ahead To Begin Random Drug Testing For Toronto Transit Workers

    Tough Road Ahead To Begin Random Drug Testing For Toronto Transit Workers
    An attempt to make random drug and alcohol testing mandatory for the majority of Toronto public transit employees will be difficult, says a legal expert who cites a recent Supreme Court of Canada decision. 

    Tough Road Ahead To Begin Random Drug Testing For Toronto Transit Workers

    Cop Who Killed Sammy Yatim Seeks To Avoid Mandatory Minimum Prison Sentence

    Cop Who Killed Sammy Yatim Seeks To Avoid Mandatory Minimum Prison Sentence
    Const. James Forcillo has filed a constitutional challenge to the mandatory minimum sentence of four or five years that he faces in the death of 18-year-old Sammy Yatim.

    Cop Who Killed Sammy Yatim Seeks To Avoid Mandatory Minimum Prison Sentence

    Autopsy Underway On Severed Human Remains Found Behind Toronto Butcher Shop

    Autopsy Underway On Severed Human Remains Found Behind Toronto Butcher Shop
    Spokeswoman Cheryl Mahyr says an autopsy of the remains is underway and authorities hope it could shed some light on what might have happened to the victim.

    Autopsy Underway On Severed Human Remains Found Behind Toronto Butcher Shop

    Fire Danger Already Extreme In Parts Of Prairies Where Ground Is Tinder Dry

    Fire Danger Already Extreme In Parts Of Prairies Where Ground Is Tinder Dry
    REGINA — Large swaths of red — meaning extreme risk — cover Alberta and Saskatchewan on the latest fire danger map from Natural Resources Canada.

    Fire Danger Already Extreme In Parts Of Prairies Where Ground Is Tinder Dry

    'Serious' Power Steering Defect Found In Several FCA Vehicles: Transport Canada

    OTTAWA — Transport Canada says it has identified a "serious safety issue" involving the power steering systems on more than 295,000 vehicles sold by Fiat Chrysler Automobiles.

    'Serious' Power Steering Defect Found In Several FCA Vehicles: Transport Canada