Episode: CoinWeek Podcast #114: Coin Shop Theft


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CoinWeek Podcast #114: Coin Shop Theft
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On April 7, coin dealer Chris Lyche was alerted that his brick and mortar coin shop, GSA Coins & Jewelry, had been robbed. Despite installing a new security system and taking every available precaution, Chris' business was completely wiped out. Surveillance footage of the incident showed a seasoned thief, who seemingly knew where everything would be hidden. He was in and out fast and his getaway vehicle was non-descript and didn't have tags or plates. Chris joins us to talk about the theft and how the losses he has incurred just might put him out of business. No bank will give him a loan and he lacks the capital necessary to make purchases in his store. He might not even be able to make rent. Is there anything that can be done to turn his fortunes around? We dig into this and more, next on the CoinWeek Podcast. *** The CoinWeek Podcast is brought to you PCGS, the Professional Coin Grading Service, Win Money, and Numismatic Glory by being the first to submit W-Mint America the Beautiful Quarters. The hunt is on for three of this year’s issues. Visit PCGS.com to learn more. ©2019 Collecting Media, LLC.

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