Sunday, June 14, 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

    B.C. Apple Growers Fear Late Frost As Balmy Weather Speeds Apple Blossoms

    B.C. Apple Growers Fear Late Frost As Balmy Weather Speeds Apple Blossoms
    KELOWNA, B.C. — A stretch of unseasonably mild weather has some apple growers anxious about trees that are growing too fast.

    B.C. Apple Growers Fear Late Frost As Balmy Weather Speeds Apple Blossoms

    Harjit Sajjan Launches Review To Decide Future Size And Shape Of Canada's Military

    Harjit Sajjan Launches Review To Decide Future Size And Shape Of Canada's Military
      Defence Minister Harjit Sajjan laid out the process Wednesday and asked for public input.

    Harjit Sajjan Launches Review To Decide Future Size And Shape Of Canada's Military

    Survivors Sue Tour Company Over Tofino Whale-watching Tragedy, Allege Negligence

    Survivors Sue Tour Company Over Tofino Whale-watching Tragedy, Allege Negligence
    VANCOUVER — A man who says he narrowly escaped the submerged interior of a capsized whale-watching vessel is one of two men suing a Vancouver Island nature-tour company alleging negligence.

    Survivors Sue Tour Company Over Tofino Whale-watching Tragedy, Allege Negligence

    Ontario PC Leader Calls Caucus Member's Mysogynist 'Joke' Inappropriate

    The leader of Ontario's Conservatives says a "so-called joke" made by a caucus member about a female Liberal MP is "unequivocally inappropriate."

    Ontario PC Leader Calls Caucus Member's Mysogynist 'Joke' Inappropriate

    Immigration Officer Charged With Sexually Assaulting Woman Facing Deportation

    Immigration Officer Charged With Sexually Assaulting Woman Facing Deportation
    HALIFAX — Police in Halifax have charged an immigration officer with sexual assault allegedly involving a woman who was facing deportation from Canada in 2003.

    Immigration Officer Charged With Sexually Assaulting Woman Facing Deportation

    Eric Lindros Lends Support To Ontario Concussion Bill Named For Ottawa Teen

    Eric Lindros Lends Support To Ontario Concussion Bill Named For Ottawa Teen
    Rowan's Law is named for an Ottawa-area 17-year-old girl who died after being injured while playing high school rugby.

    Eric Lindros Lends Support To Ontario Concussion Bill Named For Ottawa Teen