Friday, June 12, 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

    Stephane Dion Releases 'Secret' Saudi Arms Documents On Controversial Saudi Lav Contract

    Stephane Dion Releases 'Secret' Saudi Arms Documents On Controversial Saudi Lav Contract
    The documents shed new light on the controversial Saudi deal, as well as the Canadian government's view of the murky world of Canadian arms exports to a volatile region.

    Stephane Dion Releases 'Secret' Saudi Arms Documents On Controversial Saudi Lav Contract

    Family Of Alberta Man Burned In Bath At A Care Home Disappointed With Report

    Family Of Alberta Man Burned In Bath At A Care Home Disappointed With Report
    David Holmes was a resident at a home for people with developmental disabilities and had severe cognitive impairment with little or no verbal communication, requiring help from full-time caregivers for all activities of daily living.

    Family Of Alberta Man Burned In Bath At A Care Home Disappointed With Report

    Attawapiskat Crisis Has Hallmarks Of Possible 'Suicide Contagion,' Experts Say

    Attawapiskat Crisis Has Hallmarks Of Possible 'Suicide Contagion,' Experts Say
    Attawapiskat's chief declared a state of emergency Saturday after the remote northern Ontario community recorded 11 suicide attempts so far this month and 28 others in March.

    Attawapiskat Crisis Has Hallmarks Of Possible 'Suicide Contagion,' Experts Say

    Odd-Even Every Month If Second Phase A Success: Arvind Kejriwal

    Odd-Even Every Month If Second Phase A Success: Arvind Kejriwal
    The odd-even vehicle scheme could be enforced for a fortnight every month in the national capital if the second phase beginning from April 15 is also a success, Delhi Chief Minister Arvind Kejriwal said on Wednesday.

    Odd-Even Every Month If Second Phase A Success: Arvind Kejriwal

    Mayor Gregor Robertson Sends Best Wishes for Vaisakhi While Highlighting Celebratory Policies

    Vancouver Mayor Gregor Robertson addresses the South Asian community ahead of the Vaisakhi festiv...

    Mayor Gregor Robertson Sends Best Wishes for Vaisakhi While Highlighting Celebratory Policies

    $32Million Raised By Canadians To Help Syrians, To Be Matched By Liberals

    $32Million Raised By Canadians To Help Syrians, To Be Matched By Liberals
    OTTAWA — Canadians donated $32 million for aid to Syria under a matching program launched last fall.

    $32Million Raised By Canadians To Help Syrians, To Be Matched By Liberals