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

    Military Report Into Sergeant's Avalanche Death Recommends More Training, Gear

    Military Report Into Sergeant's Avalanche Death Recommends More Training, Gear
    Sgt. Mark Salesse, 44, was swept off a narrow mountain ledge by an avalanche on Feb. 5, 2015, in Banff National Park.

    Military Report Into Sergeant's Avalanche Death Recommends More Training, Gear

    Vancouver Street Named After Indo-Canadian Pioneer, Businessman Jack Uppal, A First In City History

    Vancouver Street Named After Indo-Canadian Pioneer, Businessman Jack Uppal, A First In City History
    Jack Uppal Street is located in south Vancouver's River District, the section of the city running along the north side of the Fraser River.

    Vancouver Street Named After Indo-Canadian Pioneer, Businessman Jack Uppal, A First In City History

    Another Shooting In Surrey: 'Get The Hell Out Of My City,’ Says Furious Linda Hepner

    Another Shooting In Surrey: 'Get The Hell Out Of My City,’ Says Furious Linda Hepner
    RCMP was called to a home in the 7700-block of 155th Street around 11 p.m. to find an injured minor who suffered bullet wounds.

    Another Shooting In Surrey: 'Get The Hell Out Of My City,’ Says Furious Linda Hepner

    Mayor and Council Approve New Rental Housing in Punjabi Market

    Six-storey mixed use building at Main and 49th Avenue includes 75 new rental homes

    Mayor and Council Approve New Rental Housing in Punjabi Market

    Surrey Youth Soccer Coach Kuldip Mahal Sentenced To 7 Years For Seeking Sex With 12-Year-Old Girl

    Surrey Youth Soccer Coach Kuldip Mahal Sentenced To 7 Years For Seeking Sex With 12-Year-Old Girl
    He pleaded guilty in Seattle earlier this year to sex crimes after being caught in a police sting

    Surrey Youth Soccer Coach Kuldip Mahal Sentenced To 7 Years For Seeking Sex With 12-Year-Old Girl

    Abbotsford Police Warn Public Of Craigslist Phone Theft Scam

    Abbotsford Police Department is warning the public after reports of three separate incidents involving an iPhone for sale on Craigslist.

    Abbotsford Police Warn Public Of Craigslist Phone Theft Scam