Man Offering Massive Reward After $1 Mil Worth of Coins Stolen in Mississauga
A Vancouver man is offering a substantial award to anyone who can return his stolen coins and banknotes.
According to a recent Canadian Coin News article, Vancouver-based dealer Joe Iorio, who owns J&M Coin & Jewellery, is offering a whopping $200,000 reward for the return of a host of collectible banknotes and coins valued at over $1 million.
The high-end Canadian coins and banknotes were allegedly stolen from Iorio's vehicle on Sept. 26 while he was checking into the Monte Carlo Airport Suites on Edwards Blvd. in Mississauga.
Iorio was in town for a Toronto coin show.
"I just want my inventory back and I am willing to pay a good reward for its return," Iorio told Canadian Coin News.
Iorio told the news outlet that he locked his vehicle before leaving it to check in and noticed two bags missing from the back seat when he returned. According to the article, they contained a large volume of highly graded collector coins and banknotes.
Canadian Coin News reports that on Sept. 28, Iorio’s company initially announced it was offering a reward of $100,000 for the return of at least 75 per cent of the stolen coins and banknotes. The reward has since been upgraded.
Some of the stolen goods inclide graded coins, silver dollars, Canadian gold coins (including sovereigns), Maritime coins and Canadian tokens.
The incident was reported to Peel police and the incident is currently under investigation.
A list of the missing goods is available here.
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