Friday, June 19, 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

    B.C. High Court Says Former Special Constable In Burnaby Did The Crime, Must Serve The Time

    Gary Read was in charge of exhibits for the Burnaby detachment until 2011 when he was charged with the theft of about one kilogram of cocaine.

    B.C. High Court Says Former Special Constable In Burnaby Did The Crime, Must Serve The Time

    Triple Delete: Charges Laid Against Former B.C. Employee George Gretes In Email Deletion Case

    Triple Delete: Charges Laid Against Former B.C. Employee George Gretes In Email Deletion Case
    Charges of wilfully making false statements to mislead or attempting to mislead British Columbia's privacy commissioner have been laid against a former provincial government employee.

    Triple Delete: Charges Laid Against Former B.C. Employee George Gretes In Email Deletion Case

    Christy Clark Cheers Canada-U.S. Moves To Negotiate Softwood Lumber Pact

    British Columbia Premier Christy Clark says she's pleased that Canada and the United States are working to resolve a long-standing trade issue over softwood lumber exports.

    Christy Clark Cheers Canada-U.S. Moves To Negotiate Softwood Lumber Pact

    Toronto Stabbing Suspect Ellis Kirkland, 60, Charged With Attempted Murder

    Toronto Stabbing Suspect Ellis Kirkland, 60, Charged With Attempted Murder
    Police arrested Ellis Kirkland, 60, on a 27th-floor balcony on Thursday afternoon after using ropes to go down the side of a building.

    Toronto Stabbing Suspect Ellis Kirkland, 60, Charged With Attempted Murder

    Woman Killed In Bedroom After Wind Knocks Down Tree In Port Moody

    Woman Killed In Bedroom After Wind Knocks Down Tree In Port Moody
    Sgt. Travis Carroll said the victim was struck by the tree that broke through the roof in the Port Moody area, just west of Vancouver.

    Woman Killed In Bedroom After Wind Knocks Down Tree In Port Moody

    B.C. Woman's Lost Jewelry Turns Up In Septic Tank After Three Years

    B.C. Woman's Lost Jewelry Turns Up In Septic Tank After Three Years
    Good things can happen even when hope is all but lost. It's the only way the British Columbia woman says she can explain finding her lost jewelry at the bottom of a septic tank.

    B.C. Woman's Lost Jewelry Turns Up In Septic Tank After Three Years