Saturday, June 20, 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

    Kathleen Wynne Defends $6,000 A Head Fundraising Dinner With Her And Energy Minister

    Kathleen Wynne Defends $6,000 A Head Fundraising Dinner With Her And Energy Minister
    Ontario Premier Kathleen Wynne denies a $6,000-a-head dinner co-sponsored with a high-powered lobbying firm is selling access to herself and her cabinet ministers.

    Kathleen Wynne Defends $6,000 A Head Fundraising Dinner With Her And Energy Minister

    Regina Jail Inmates Start Eating Again After 5 Days; Demands May Be Discussed

    Regina Jail Inmates Start Eating Again After 5 Days; Demands May Be Discussed
    Drew Wilby with the Saskatchewan Ministry of Justice says the 15 inmates began eating again this afternoon.

    Regina Jail Inmates Start Eating Again After 5 Days; Demands May Be Discussed

    Ontario Human Rights Commissioner Renu Mandhanecalls Calls For End Of Sexualized Dress Codes At Work

    Ontario Human Rights Commissioner Renu Mandhanecalls Calls For End Of Sexualized Dress Codes At Work
    Mandhane says policies requiring women to wear low-cut tops, short skirts or high heels could violate the Human Rights code, and they send a message than an employees' worth is tied to how they look.

    Ontario Human Rights Commissioner Renu Mandhanecalls Calls For End Of Sexualized Dress Codes At Work

    Some Ontarians Annoyed Amber Alert Interrupted TV Shows, But Not The Premier

    Some Ontarians Annoyed Amber Alert Interrupted TV Shows, But Not The Premier
    Kathleen Wynne said she's all for anything authorities can do to find a missing child.

    Some Ontarians Annoyed Amber Alert Interrupted TV Shows, But Not The Premier

    Take With A Grain Of Salt Reports Of Canadian Extremist Deaths: CSIS Head

    Take With A Grain Of Salt Reports Of Canadian Extremist Deaths: CSIS Head
    Michel Coulombe, director of the Canadian Security Intelligence Service, says claims of Canadians killed fighting for the Islamic State in Iraq and the Levant have in the past turned out to be wrong.

    Take With A Grain Of Salt Reports Of Canadian Extremist Deaths: CSIS Head

    Report On Vacant Homes Expected To Be Released By City Of Vancouver

    Report On Vacant Homes Expected To Be Released By City Of Vancouver
    A new report is expected to shed light on the extent of Vancouver's "dark homes" problem.

    Report On Vacant Homes Expected To Be Released By City Of Vancouver