Thursday, June 18, 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

    Manitoba Liberals Rana Bokhari Would Provide Free Ambulance Ride For Seniors

    Liberal Leader Rana Bokhari says her party would reimburse ambulance fees for anyone over 65 and with an annual income of less than $20,000.

    Manitoba Liberals Rana Bokhari Would Provide Free Ambulance Ride For Seniors

    B.C. Elementary Teacher Guilty Of Misconduct For Sex-Related Behaviour

    B.C. Elementary Teacher Guilty Of Misconduct For Sex-Related Behaviour
    An elementary school teacher in repeatedly sneaked into his school for late-night phone calls to sex chat lines and used a colleague's work laptop over a winter break to access explicit websites and download pornography

    B.C. Elementary Teacher Guilty Of Misconduct For Sex-Related Behaviour

    Man Found Guilty Of Second-Degree Murder In Deadly Toronto Community Shooting

    Man Found Guilty Of Second-Degree Murder In Deadly Toronto Community Shooting
    Two people were killed and 22 others were injured in the Danzig Street shooting as rival gang members fired shots at each other.

    Man Found Guilty Of Second-Degree Murder In Deadly Toronto Community Shooting

    Ex-Mountie Who Smuggled Narwhal Tusks Extradited To U.S.

    Ex-Mountie Who Smuggled Narwhal Tusks Extradited To U.S.
    Gregory Logan, 58, of St. John, waived the right to a detention hearing Wednesday in Bangor, Maine, after being extradited to face charges of money laundering.

    Ex-Mountie Who Smuggled Narwhal Tusks Extradited To U.S.

    Court Approves Ontario's 1st Doctor-assisted Death For 81-Year-Old Man

    Court Approves Ontario's 1st Doctor-assisted Death For 81-Year-Old Man
    Superior Court Justice Paul Perell gave the green light after a 30-minute hearing today.

    Court Approves Ontario's 1st Doctor-assisted Death For 81-Year-Old Man

    Canada Wants Long-Term Plan Before Saying 'Yes' To New Libyan Anti-ISIL Mission: Harjit Sajjan

    Canada Wants Long-Term Plan Before Saying 'Yes' To New Libyan Anti-ISIL Mission:  Harjit Sajjan
    Canada would need to hear a number of things from its allies — notably a long-term strategy — says Defence Minister Harjit Sajjan.

    Canada Wants Long-Term Plan Before Saying 'Yes' To New Libyan Anti-ISIL Mission: Harjit Sajjan