Saturday, June 13, 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

    Gang Shootings In Surrey Prompt More Resources, Access To Closed-Circuit TVs

    Gang Shootings In Surrey Prompt More Resources, Access To Closed-Circuit TVs
    Surrey Mayor says the shootings have damaged the reputation of the city and she promises those involved will be caught

    Gang Shootings In Surrey Prompt More Resources, Access To Closed-Circuit TVs

    Man Accused Of Sexually Assaulting Four Women At University of Victoria Won't Be Charged: Crown

    Man Accused Of Sexually Assaulting Four Women At University of Victoria Won't Be Charged: Crown
    VICTORIA — Sexual assault charges will not be filed against a man who police arrested after complaints from four students at the University of Victoria.

    Man Accused Of Sexually Assaulting Four Women At University of Victoria Won't Be Charged: Crown

    Burrowing Owls To Be Released For First Time On B.C. First Nations Reserve

    Burrowing Owls To Be Released For First Time On B.C. First Nations Reserve
     MERRITT, B.C. — Burrowing owls will be released on First Nations land for the first time in British Columbia with the goal of reintroducing the endangered birds on a reserve near Merritt, B.C.

    Burrowing Owls To Be Released For First Time On B.C. First Nations Reserve

    Winnipeg Health Authority Apologizes To Mohinder Singh's Family For Delay In Review Of Painful Death

    Winnipeg Health Authority Apologizes To Mohinder Singh's Family For Delay In Review Of Painful Death
    Last fall, Mohinder Singh, 57, went to Seven Oaks General Hospital with a severe headache but was told she would have to wait for a CT scan, so she eventually laid down on the floor because it was too painful to sit in a wheelchair.

    Winnipeg Health Authority Apologizes To Mohinder Singh's Family For Delay In Review Of Painful Death

    Mission, B.C. Man Pleads Guilty To Woman's Death In Fire And Attempted Murder Of 2 Kids

    Mission, B.C. Man Pleads Guilty To Woman's Death In Fire And Attempted Murder Of 2 Kids
    A 43-year-old man from Mission, B.C., has pleaded guilty to second-degree murder and two counts of attempted murder.

    Mission, B.C. Man Pleads Guilty To Woman's Death In Fire And Attempted Murder Of 2 Kids

    Vancouver Opera's Latest, Evita, Comes with an Exciting Starcast

    Vancouver Opera's Latest, Evita, Comes with an Exciting Starcast

    Vancouver Opera's company premiere of Tim Rice and Andrew Lloyd Webber's smash hit Evita ...

    Vancouver Opera's Latest, Evita, Comes with an Exciting Starcast