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Positive Protection Guard Tackles Suspected Coin Thief In Long Beach – Dramatic Video

By Positive Protection, Inc. …..

A suspected thief was tackled by a Positive Protection, Inc. security guard as the suspect tried to escape at the Long Beach Coin, Currency, Stamp & Sports Collectible Expo on Friday, June 10, 2016. An alleged accomplice with a backpack containing more than US$300,000 of rare coins was also taken into custody.

Both suspects were turned over to Long Beach police on suspicion of burglary, robbery and possession of stolen property. Two other suspects were arrested the next day and more stolen coins were recovered.

“They reportedly were trying to sell coins at the Long Beach Expo in the Long Beach Convention Center. One dealer they approached, Karl Stephens, thought the coins they were offering had been stolen earlier in a robbery in the San Bernardino, California area,” said Patrick Coward, a guard for Positive Protection of Temecula, California, a company that provides security services for coin and jewelry dealers.

“When the suspects tried to leave, the dealer shouted out to stop them. I was nearby and when one suspect started to run I chased him and tackled him at the door. Additional security personnel from the show helped subdue him. The second suspect was stopped without a problem at the door as he tried leave. His backpack was filled with more than 100 ancient coins and other gold and silver coins worth more than $300,000,” explained Coward, a former New York City homicide detective.

The brief chase and the tackle were captured on surveillance video at the booth of Stack’s Bowers Galleries of Santa Ana, California and New York City.

“With the help of a knowledgeable dealer and the fast action of trained security professionals, two suspected thieves were caught and valuable, stolen rare coins have been recovered,” said Robert Brueggeman, President of Positive Protection which provides on-site security for all the Whitman Expo and American Numismatic Association (ANA) convention shows. “We always want a safe, enjoyable environment for dealers and the public at these collectible shows, but we also must always be on alert.”

A day after the capture of the two suspects at the coin show, Long Beach Police arrested two more suspects who reportedly came to retrieve the car of the first two suspects. Investigators recovered from the car what is believed to be the remainder of the stolen rare coins.

Coinweek is the top independent online media source for rare coin and currency news, with analysis and information contributed by leading experts across the numismatic spectrum.

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  1. For those that may not recognize him, that’s brawny 6 foot + Karl Stephens, So Cal coin dealer at the Long Beach bourse, who not only recognized the San Bernardino coin dealer ‘s material being offered to him and yelled out for security and police when the thugs got “spooked” – but chased after them and detained them at the entrance to the bourse floor before Security knew the whole story and confronted /captured the robbers.

    A candidate for the annual PNG award for alertness, bravery and stolen rare coins recovery?

    On another matter, merely possessing coins taken in a very recent robbery or burglary does not mean the thugs can be prosecuted for anything but receiving stolen property which is nowadays at most less than 1 year county jail sentence and too often due to jail overcrowding merely a probation sentence. Law enforcement must tie the thugs to the actual robbery/burglary by video, witnesses or forensic evidence…otherwise they “skate” on a misdemeanor., unless they have serious prior records. .

  2. Finally they have nailed a criminal thief ring. How many dozens of others have escaped without any police action? Though some doubt the deterrent value of law enforcement, it must be clear to the thieves that the consequences of this are serious and long term.


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