Theft at Philly Show

[jayshum]

Originally Posted by Hankphenom

That's really nuts, not to at least keep the briefcase in the trunk if the car has one or keep it with you at all times. But the car unlocked with the briefcase inside? There's no words for that. And they must be playing in a different league--how many bring 275K in cash to a show, even the National?

Here's a link to an article about the theft at the National. While I was surprised by the amount of cash, I was told by a dealer at the Philly Show that having that much cash on hand at the National is not uncommon.

https://www.sportscollectorsdaily.co...rs-convention/

[parkplace33]

Originally Posted by jayshum

Here's a link to an article about the theft at the National. While I was surprised by the amount of cash, I was told by a dealer at the Philly Show that having that much cash on hand at the National is not uncommon.

https://www.sportscollectorsdaily.co...rs-convention/

You better believe it. By both dealers and buyers.

Again, all the more reason to be vigilant.

[G1911]

Is not common sense anymore to not leave $54,000 of gold or $275,000 of cash or cards in your vehicle parked in a public access spot?

The victim of a crime is never at fault, but your odds of being one are greatly higher if common sense is not utilized.

[Qcards]

My friend is a full time coin dealer and has told me that dealers are being followed into underground garages after shows and held up at gunpoint.

He also mentioned a dealer being followed from a show in Montreal and when he stopped in Kingston for lunch, his car was rifled and there was over half a million dollars in cash and bullion.

He had air tags inside the bag but they were cut out and ditched by the bad guys

[CurtisFlood]

One of the funniest things I had occur as a dealer was when a customer walked up and asked me if I wanted to look at his cards. When I reached out for his small stack of cards he pulled back and would not let me take them. Guess he though I was going to rip him off. At that point I told him I wasn't interested.

[Brent G.]

It seems two things could help alleviate some of the risk:

• Stop dealing in cash -- just use the same methods we do here to make sales/purchases. I guess this would require some to pay taxes who don't wanna. It does seem illegal drugs and card shows are the last paper money businesses.

• Hire private security or have a close associate with a .38 or .40 open-carried on their hip to tell criminals you aren't the target they're looking for.

[Hankphenom]

Originally Posted by Brent G.

It does seem illegal drugs and card shows are the last paper money businesses.

Are other big collectible shows like this? Coins, stamps, comics, toys, etc., are they mostly cash in/cash out?

[Hankphenom]

Originally Posted by jayshum

Here's a link to an article about the theft at the National. While I was surprised by the amount of cash, I was told by a dealer at the Philly Show that having that much cash on hand at the National is not uncommon.

I was going to write that must make for some interesting scenes at their banks, but then I realized that money never sees the inside of a bank. It must be like the Sopranos, where Tony would hit up a shoebox in the ceiling or a trash can in the back yard when he needed cash.