Thursday, June 11, 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

    One Year Later: RCMP Continue To Investigate Murder-Suicide In Saskatchewan

    One Year Later: RCMP Continue To Investigate Murder-Suicide In Saskatchewan
    Police say the investigation into the deaths is almost complete, but the public won't be learning more about what happened.

    One Year Later: RCMP Continue To Investigate Murder-Suicide In Saskatchewan

    Four Men Charged For Alleged Sexual Assault Of Teen At Nova Scotia House Party

    Four Men Charged For Alleged Sexual Assault Of Teen At Nova Scotia House Party
    Police say the men — two Nova Scotians, two from Ontario, all in their 20s — were arrested after the girl reported that she had been sexually assaulted at a party in Bible Hill, N.S.

    Four Men Charged For Alleged Sexual Assault Of Teen At Nova Scotia House Party

    Lowest Point in Montreal: Three Men Face Charges For Video Illegally Shot In Montreal's Subway

    Lowest Point in Montreal: Three Men Face Charges For Video Illegally Shot In Montreal's Subway
    Montreal police say they've arrested three men in connection with a widely shared video illegally filmed in the city's subway system.

    Lowest Point in Montreal: Three Men Face Charges For Video Illegally Shot In Montreal's Subway

    Ontario Electricity Rates Set To Rise Again On May 1

    Time-of-use electricity prices will jump half-a-cent to 18 cents a kilowatt hour for peak periods, from 11 a.m. to 5 p.m. weekdays, starting May 1.

    Ontario Electricity Rates Set To Rise Again On May 1

    UFC Fighter Sarah Kaufman Helps Canadian Women's Rugby 7s Team On Road To Rio

    UFC Fighter Sarah Kaufman Helps Canadian Women's Rugby 7s Team On Road To Rio
    VICTORIA — As it gears up for the Rio Olympics, the Canadian women's rugby sevens team has a former world champion in its corner.

    UFC Fighter Sarah Kaufman Helps Canadian Women's Rugby 7s Team On Road To Rio

    Perimeter Institute In Waterloo, Ont., Receives $50 Million For Research Into Theoretical Physics

    Perimeter Institute In Waterloo, Ont., Receives $50 Million For Research Into Theoretical Physics
    Prime Minister Justin Trudeau made the announcement today during a visit to the institute, which is a leader in research into theoretical physics.

    Perimeter Institute In Waterloo, Ont., Receives $50 Million For Research Into Theoretical Physics