Tuesday, June 16, 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

    'Engines On Jean Lapierre Plane Were Functioning At Time Of Crash'

    'Engines On Jean Lapierre Plane Were Functioning At Time Of Crash'
    The former federal cabinet minister, his wife, three of his siblings and both crew members died Tuesday when their aircraft crashed on its landing approach about three kilometres from the Havre-aux-Maisons airport in Iles-de-la-Madeleine.

    'Engines On Jean Lapierre Plane Were Functioning At Time Of Crash'

    Police Investigate After Black Lives Matter Protest At Ontario Premier's House

    Police Investigate After Black Lives Matter Protest At Ontario Premier's House
    Toronto police are investigating at the home of Ontario Premier Kathleen Wynne after protesters with the Black Lives Matter group staged a vigil at her private residence Thursday night.

    Police Investigate After Black Lives Matter Protest At Ontario Premier's House

    Ontario Father Found Not Criminally Responsible In 5-Year-Old Daughter's Backyard Stabbing

    Ontario Father Found Not Criminally Responsible In 5-Year-Old Daughter's Backyard Stabbing
    The 38-year-old London, Ont., man, who cannot be named to protect the identity of his child, was charged with attempted murder in the stabbing of the little girl. 

    Ontario Father Found Not Criminally Responsible In 5-Year-Old Daughter's Backyard Stabbing

    Ottawa Man And Friend Escape Two Yukon Avalanches While Backcountry Skiing

    Goulet, 44, said he and six friends were backcountry skiing Wednesday at Log Cabin Mountain, 180 kilometres south of Whitehorse near the B.C.-Alaska boundary, when two avalanches struck.

    Ottawa Man And Friend Escape Two Yukon Avalanches While Backcountry Skiing

    First-Degree Murder Charge Reinstated In Case Of Toronto Sex Worker's Death

    First-Degree Murder Charge Reinstated In Case Of Toronto Sex Worker's Death
    Ontario's top court on Thursday ordered a man to stand trial for first-degree murder in the case of a woman found dead with semen in her mouth.

    First-Degree Murder Charge Reinstated In Case Of Toronto Sex Worker's Death

    Why Police Costs Across Canada Are Rising Despite Sinking Crime Rate

    Why Police Costs Across Canada Are Rising Despite Sinking Crime Rate
    While communities across the country grapple with police budgets that in some cases are eating up to 50 per cent of their operating budgets, solutions to what's become a perennial headache have proven elusive.

    Why Police Costs Across Canada Are Rising Despite Sinking Crime Rate