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

    Flights Cancelled In And Out Of Regina, Yellowknife After Volcano In Alaska

    Flights Cancelled In And Out Of Regina, Yellowknife After Volcano In Alaska
    The Pavlof Volcano erupted Sunday, creating an 11,000-metre plume.

    Flights Cancelled In And Out Of Regina, Yellowknife After Volcano In Alaska

    Vancouver Teen Allegedly Going Five Times Speed Limit Before Crash Faces Charge

    Vancouver Teen Allegedly Going Five Times Speed Limit Before Crash Faces Charge
    Charge has been laid against a young man who Vancouver police allege was travelling at 250 kilometres per hour before he crashed his parents new Mercedes.

    Vancouver Teen Allegedly Going Five Times Speed Limit Before Crash Faces Charge

    B.C. Police Watchdog Investigates Death Of Woman, 58, Who Died In White Rock RCMP Cells

    B.C. Police Watchdog Investigates Death Of Woman, 58, Who Died In White Rock RCMP Cells
    Mounties say the woman was arrested last Friday on an outstanding warrant and was being held in custody in White Rock, B.C., for a court appearance.

    B.C. Police Watchdog Investigates Death Of Woman, 58, Who Died In White Rock RCMP Cells

    Homicide Detectives Called To Mission, B.C., After Remains Found On Remote Road

    Homicide Detectives Called To Mission, B.C., After Remains Found On Remote Road
    Homicide investigators have been called to Mission, B.C., east of Vancouver.

    Homicide Detectives Called To Mission, B.C., After Remains Found On Remote Road

    Indo-Canadian Snowboarder Gursharan Mundi Saved By North Shore Rescue On Mount Seymour

    Indo-Canadian Snowboarder Gursharan Mundi Saved By North Shore Rescue On Mount Seymour
    He may have unintentionally gone out of bounds when he confused a ski trail with a snowshoe trail.

    Indo-Canadian Snowboarder Gursharan Mundi Saved By North Shore Rescue On Mount Seymour

    B.C. Considers Paying Donors For Blood Products Despite Ontario, Quebec Bans

    B.C. Considers Paying Donors For Blood Products Despite Ontario, Quebec Bans
    Health Minister Terry Lake is open to allowing a pay-for-plasma clinic in British Columbia, saying the province already gets about 85 per cent of its supply from the United States where donors are paid for blood products.

    B.C. Considers Paying Donors For Blood Products Despite Ontario, Quebec Bans