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

    'Sharing Economy' Report: Canada Should Limit AirBNB Rentals, Licence Uber Drivers

    'Sharing Economy' Report: Canada Should Limit AirBNB Rentals, Licence Uber Drivers
    A new report on the sharing economy suggests governments should screen drivers on platforms such as Uber and limit what kinds of homes can be rented on sites like Airbnb.

    'Sharing Economy' Report: Canada Should Limit AirBNB Rentals, Licence Uber Drivers

    Nova Scotia Man Writes His Own Obituary: 'The Devil Finally Called My Name'

    Nova Scotia Man Writes His Own Obituary: 'The Devil Finally Called My Name'
    A Cape Breton man has written his own obituary, posthumously declaring himself "a pretty nice guy ... despite what some people would say about me."

    Nova Scotia Man Writes His Own Obituary: 'The Devil Finally Called My Name'

    Man Charged In Alleged Break-In At RCMP Headquarters Sent For Psych Evaluation

    Man Charged In Alleged Break-In At RCMP Headquarters Sent For Psych Evaluation
    Sidy Mouhamoud Keita was sent to a Montreal psychiatric hospital today where an expert will determine his level of criminal responsibility.

    Man Charged In Alleged Break-In At RCMP Headquarters Sent For Psych Evaluation

    B.C. Boosts Program To Keep Out Invasive Mussels That Can Cling To Boats

    Premier Christy Clark says the enhancement follows a pilot project to defend the province from zebra and quagga mussels.

    B.C. Boosts Program To Keep Out Invasive Mussels That Can Cling To Boats

    B.C. Road Serves As Emergency Runway For Pilot Experiencing Trouble

    B.C. Road Serves As Emergency Runway For Pilot Experiencing Trouble
    The pilot of a single-engine plane was forced to make an emergency landing on a road in British Columbia's Interior on Wednesday.

    B.C. Road Serves As Emergency Runway For Pilot Experiencing Trouble

    B.C. Businesses Call On Christy Clark To Lift Carbon Tax Freeze, Introduce Annual Hikes

    More than 130 businesses have signed a letter urging Clark to lift her government's four-year freeze on the carbon tax at $30 per tonne and introduce annual increases of $10 per tonne, starting in July 2018.

    B.C. Businesses Call On Christy Clark To Lift Carbon Tax Freeze, Introduce Annual Hikes