_Maxolotl t1_iso7enm wrote on October 17, 2022 at 1:32 PM

Jewels are valuable because people are vapid. Jewel thieves are literally the least bad kind of thief there is.

A store like this exists because somebody wants to show off how rich they are by wearing something useless that's worth more than a college education. The industry creates small easily fungible things based on nothing but hype, and thus creates a strong motivation for thieves to target them, based on nothing but hype. Minimal sympathy here as long as nobody got hurt.

ittybittycitykitty t1_isoebh6 wrote on October 17, 2022 at 2:25 PM

What is the fate of the stolen jewelry do you think? And what was it fenced for, presuming it was sold as is.

Maybe melted down, to get pennies on the dollar for the metal?

needlepark t1_isotgop wrote on October 17, 2022 at 4:16 PM

I am curious too, but usually jewelry store robberies are done by robbers who already have a customer for it. Unless they are robbing for themselves which would be the most idiotic plan ever. So the particular person this group is doing this for will do what he does best with it in order to cover the trail, most likely they will melt it down, ship it overseas and sell it to someone who can create fake certificates for each jewel he will in turn make out of the melt.

TonyzTone t1_isowv98 wrote on October 17, 2022 at 4:40 PM

It probably gets sold for 25-50% of the retail value to a fence with international reach. These jewels will be hanging off the wrists and necks of any number of millionaires around the world.

nickxbk t1_isosjag wrote on October 17, 2022 at 4:10 PM

Man people on reddit must REALLY have fragile egos or something to be downvoting this lol

_Maxolotl t1_isov5gm wrote on October 17, 2022 at 4:28 PM

way way too many people are really proud of the rocks they got their fiance or wife, and anything critical anyone ever says about rocks makes them freak out. In person they'll just be pissy as hell until you change the subject. try it sometime if you're feeling masochistic.

Rottimer t1_isob72i wrote on October 17, 2022 at 2:01 PM

And I guarantee that jewelry store would not $500,000 or anywhere near that for whatever was stolen if walked in and tried to sell it to them.