Monday, June 15, 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

    Gordon Stuckless Apologizes In Court For Harm Caused To His Victims

    Gordon Stuckless was instructed to face away from the handful of victims present in a Toronto courtroom where he read his statement during a sentencing hearing on Tuesday.

    Gordon Stuckless Apologizes In Court For Harm Caused To His Victims

    India's Fastest Train Gatimaan Express Reaches Agra From Delhi In 99 Minutes

    India's Fastest Train Gatimaan Express Reaches Agra From Delhi In 99 Minutes
    India's fastest train, Gatimaan Express, reached the Taj Mahal city from New Delhi on Tuesday in 99 minutes

    India's Fastest Train Gatimaan Express Reaches Agra From Delhi In 99 Minutes

    B.C.'s Nurses' Union Reaches Tentative Five-year Deal, With Details To Come

    B.C.'s Nurses' Union Reaches Tentative Five-year Deal, With Details To Come
    Health Minister Terry Lake says the deal covers 42,000 nurses and is in line with a government mandate, which offers employees a wage bonus if economic growth is one per cent above forecast.

    B.C.'s Nurses' Union Reaches Tentative Five-year Deal, With Details To Come

    B.C. New Democrats Urge Federal Environmental Body To Withhold LNG Approval

    NDP Leader John Horgan says in a letter to the Canadian Environmental Assessment Agency the proposed Pacific NorthWest LNG project does not meet First Nations and environmental approval conditions.

    B.C. New Democrats Urge Federal Environmental Body To Withhold LNG Approval

    Prince Edward Island Government Sets Population Target Of 150,000 By End Of 2017

    Prince Edward Island Government Sets Population Target Of 150,000 By End Of 2017
    The government of Prince Edward Island says it wants to increase the population of Canada's smallest province to 150,000 by as early as the end of 2017.

    Prince Edward Island Government Sets Population Target Of 150,000 By End Of 2017

    UAE Says 'Group Composed Of Arabs And Canadians' Sentenced To 6 Months In Prison

    UAE Says 'Group Composed Of Arabs And Canadians' Sentenced To 6 Months In Prison
    The state-run WAM news agency said those sentenced Monday later would be deported.

    UAE Says 'Group Composed Of Arabs And Canadians' Sentenced To 6 Months In Prison