ART LOSS REGISTER RETURNS THREE RARE COINS TO OWNER

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 US, 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 DATABASE OF STOLEN AND MISSING ART, A RESOURCE THAT CHAMPIONS DUE DILIGENCE CHECKS PRIOR TO GOOD FAITH PURCHASES OF ARTWORKS AND DECORATIVE OBJECTS. A DECADE LATER, THREE OF THE FIVE COINS LOOTED APPEARED AT AUCTION, A GERMAN EAST AFRICA, 15 RUPIEN COIN (1916), A JAPANESE, MUTSUHITO, 1867-1912, 20 YEN COIN, GOLD, MEIJI 3 (1870), AND A BRITISH COLONIAL PROOF TRADE DOLLAR COIN, STRUCK IN GOLD (1902). TODAY, THE THREE COINS ARE COLLECTIVELY VALUED AT OVER £30,000. FENTON ENLISTED IN THE ALR TO CONTACT THE THREE AUCTION HOUSE INVOLVED, AND THE COINS WERE PULLED FROM THEIR RESPECTIVE SALES. ANOTHER MAJOR COIN DEALER FROM THE UNITED STATES WHO HAD CONSIGNED ALL THREE LOTS, CLAIMED HE HAD PURCHASED THE COINS IN GOOD FAITH FROM ANOTHER DEALER. WITH THE HELP OF DETECTIVE ROBERT MEDAGLIA OF THE PORT AUTHORITY OF NEW YORK AND NEW JERSEY POLICE, THE CASE WAS REOPENED AND A RELEASE WAS NEGOTIATED WITH THE COSIGNER. THE COINS WERE RETURNED TO FENTON BY THE ALR ON BEHALF OF HIS INSURER. 'EVERYONE'S ENTITLED TO A SECOND CHANCE', SAYS MARINELLO. 'WHEN IT CAME TIME TO SHIP THE COINS FROM NEW YORK LAW ENFORCEMENT BACK TO LONDON, WE DECIDED TO USE FEDEX.'