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Issue 29 - Mint Error News Magazine

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PNG Members Recover Coins From 2001 Theft<br />

on with Dave Camire about wrong<br />

planchet errors.”<br />

The recovery began when Nugget<br />

was contacted in late-August by a<br />

Georgia client who wanted to sell<br />

a large group of coins and paper<br />

money.<br />

“The group included error coins<br />

that my client purchased in an estate<br />

sale about five years ago. With his<br />

permission I wanted to show them<br />

to several error coin experts, and<br />

I contacted Fred first,” Nugget<br />

explained.<br />

“As I opened the package sent by<br />

Paul I immediately knew these<br />

were unusual and rare error coins,<br />

but there was no writing or other<br />

notations on the coins’ holders to<br />

indicate any pedigree or source,”<br />

said Weinberg.<br />

“When I began researching them<br />

I realized that 12 of the 13<br />

error coins submitted by<br />

Paul’s client matched the<br />

descriptions of coins<br />

taken in the 2001<br />

theft. It’s mind<br />

boggling how<br />

these showed up<br />

after all those<br />

years. It’s very<br />

gratifying, too,<br />

because once<br />

we all realized<br />

these were<br />

stolen there was<br />

never a moment’s<br />

hesitation by Paul’s<br />

client or anyone else<br />

about immediately<br />

getting them back to<br />

Mark.”<br />

The recovered stolen coins are:<br />

No date, Type II design Standing<br />

Liberty quarter on a cent planchet<br />

No date Shield nickel on a nickel threecent<br />

planchet<br />

No date Walking Liberty half dollar<br />

on a five-cent planchet<br />

1865 two-cent on cent planchet<br />

1858 half-dime on silver three-cent<br />

planchet<br />

1858 uniface Flying Eagle cent on<br />

silver half-dime planchet<br />

1866 Shield nickel on cent planchet<br />

1899 Indian cent struck over an 1899<br />

Barber dime<br />

1908 Indian cent on silver dime<br />

planchet<br />

1926 Lincoln cent on silver dime<br />

planchet<br />

1936 Buffalo nickel on silver dime<br />

planchet<br />

1944-S Washington quarter on a 1943<br />

type zinc cent planchet, one of only<br />

two known.<br />

Lighterman says he never filed an<br />

insurance claim or sought a tax<br />

write-off for the 2001 theft.<br />

“The only insurance I could have<br />

claimed the loss against was my<br />

homeowner’s insurance. But at<br />

the time, after Hurricane Andrew,<br />

homeowner’s insurance was almost<br />

impossible to obtain in South<br />

Florida where I was living at the<br />

time. So, after discussing it with my<br />

accountant and others, I didn’t file a<br />

claim because I didn’t want to take a<br />

chance on my insurance policy being<br />

canceled and then being unable to<br />

get another company to insure my<br />

property,” explained Lighterman.<br />

“I am so happy get these 12 coins<br />

back after all this time, and I thank<br />

Paul Nugget and his client, and Fred<br />

Weinberg and Andrew Glassman<br />

for their help and support.”<br />

Founded in 1953, the<br />

Professional Numismatists<br />

Guild is a nonprofit<br />

organization<br />

composed of many<br />

of the country’s<br />

top rare coin and<br />

paper money<br />

dealers who must<br />

adhere to a strict<br />

Code of Ethics<br />

in the buying<br />

and selling of<br />

n u m i s m a t i c<br />

m e r c h a n d i s e .<br />

The Guild’s motto<br />

is “Knowledge,<br />

I n t e g r i t y ,<br />

Responsibility.” For<br />

additional information,<br />

visit their website online at:<br />

www.PNGdealers.com.<br />

Page 48<br />

minterrornews.com

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