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Saturday, December 6, 2008

Was it karma for all the diamonds mined and stolen from Africa?



4 armed men in wigs and female clothing (eluding security guards with their unusual disguises) pulled off a £70 million dollar robbery at one of Paris's top jewellery stores - Harry Winston. I came across this story and I immediatly thought this to be the stuff of movies and my favorite heist movie is Dead Presidents lol.

December, 4th, 2008



The thieves stormed into the store at around 5.30pm, pistol-whipped the staff and herded them into a corner. Speaking a mixture of French and a foreign language not recognised by witnesses, two of the robbers wearing ski-masks, ordered workers to fill a sack with precious gems and watches from the window display cases, and another frog marched the manager to the hidden safe. Within minutes the gang had vanished on motorbikes and not a shot was fired. This went down as the 2nd largest successful robbery unhitched by law-enforcement. Belgium holds the record for the world’s biggest jewellery heist, losing £85 million in jewels to a raid in Antwerp on Valentine’s Day 2003.

What's really funny is that this very same Paris Harry Winston store was robbed of £9million in jewelery just 14 months ago. The theives appeared to have detailed knowledge of the store, they knew the location of supposedly top-secret storage boxes and referred to staff by their first names (it was a beautiful inside job).

There is an enormous amount of interest in stones right now


The importation of precious stones and pearls have shot up in value recently in the wake of harsher economic disparities all over the world. Precious stones have always been considered prosperity commodities. Diamonds are very expensive, as is Tanzanite - which is rarer than diamonds and these would sell like crazy in a black market. Large sized Rubies and Emeralds are rarer than large sized Diamonds, by large I mean 2 carats and above and these would be of the kind sold at Harry Winston.

This was a Crazy inside job...lol

1 comment:

Anonymous said...

Don't believe the hype about precious stones as a store of value. The same people pushing this line are the ones that forever saddled us with the idea that something like a quarter of our annual salary should go into an engagement ring.

Let me put it to you this way; What exactly gives precious stones (As well as precious metals) their value?