Glenn Easterwood, owner of Douglasville’s Empire Jewelers, contacted Douglasville police Saturday when a man came to his store on Douglas Boulevard with items that just didn’t seem right.
“Mr. Easterwood stated a young white male came in wanting to sell a large amount of gold coins, silver coins and platinum bars,” Det. Michael Jetmore said.
Easterwood told authorities he became “very suspicious” when the suspect asked for much less than the items were worth.
“Once police arrived and began questioning the male, his story changed several times about how he obtained the items he was trying to sell,” Jetmore said.
During the investigation, police recovered two duffel bags containing rare and vintage coins. A large bag containing silver coins was also recovered from the suspect’s vehicle, Jetmore said.
“Mr. Easterwood said the bag of silver coins alone were worth $25,000 to $30,000,” Jetmore said. “Also during the investigation, it was learned there had been a burglary in Carroll County the night before that involved a large amount of coins being taken from a house. An investigator from Carroll County was contacted and confirmed that the coins the male was trying to sell were taken in the burglary from Carroll County.”
The estimated amount of the recovered coins was $250,000, according to the victim. Police have not yet released the name of the suspect who was arrested and charged with theft by receiving stolen property.