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Woman reports missing gold coins

Retirement savings of more than $250,000 gone

 

A 1968 Krugerrand - Classical Numismatic Group, Inc. http://www.cngcoins.com

Police are still bewildered by a Grand Coulee woman's loss of some 200 South African gold Krugerrand coins.

Dorothy Harris told police that an Electric City resident, Steve Kiona, who came to the property to do yard work, called her at work May 30, after discovering that someone had ransacked his dresser drawers in the basement. She was advised by Kiona that she'd better come home.

She found that someone had entered the house, in spite of her six dogs, and had taken, among other articles, a 6-inch by 9-inch box wrapped in "white paper and masking tape," filled with 200 gold Krugerrand coins.

The current value of the coins is more than a quarter million dollars.

Harris told police that she had purchased the coins while in the service in South Africa and had depended on their value later for retirement.

The coins were purchased, she told police, for $300 to $375 each. The value last week was about $1,308 each, a value that fluctuates with the market. That price would put the value of Harris' coins at $261,600.

The one-ounce gold coins were first produced in 1967. Later, the United States and other countries forbade bringing them into the country due to South Africa's apartheid policy of official racial segregation, which it dropped in 1994.

Harris purchased the coins overseas between 1980-1992.

Harris told police that a pearl necklace was also missing, which she valued at $3,500. She said two other pearl necklaces, and several coin proof sets were undisturbed.

In discussions with police, Harris said that the person who took the items would had to have known the dogs in order to get into the house and spend time there. She gave officers a list of those who had legitimate access to the house.

Police advised that officials will be watching pawn shops and coin dealers in regard to anyone trying to sell the coins.

 

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