Art Loss Register Recovers Three High-Value, Historic Coins

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LONDON.- It was nearly ten years ago when prominent British coin dealer Stephen Fenton of Knightsbridge Coins purchased five rare coins at a Sotheby’s auction in New York. Post-sale, Fenton entrusted FedEx to ship the coins overnight, and as promised, the box arrived next day at Knightsbridge Coins in London. Imagine Fenton’s surprise when he opened the package to find it stuffed full of white packing paper but no coins. Law enforcement and FedEx officials were immediately notified. Investigators later determined that the coins had never left the U.S., on the basis that the green-and-white striped tape used to reseal the box after it was looted was exclusively used at Newark Airport’s FedEx warehouse in New Jersey. Though police questioned a former FedEx employee, the thief was never caught. Fenton proceeded to register all five coins on the Art Loss Register‘s international