SALE OF GOLD.

Press, Volume LXVIII, Issue 20490, 8 March 1932, Page 9

SALE OF GOLD.

CARNIVAL FOR THIEVES. EVIDENCE GOING INTO THE MELTING-POT. (UNITED PRESS ASSOCIATION—BY TELEGRAPH—COPYRIGHT.) LONDON, March 6. The "trold rush" is •delighting thieves, giving them the opportunity of a life-time for the disposal of stolen articles. If a man walked into a reputable jeweller's six months ago wanting to sell a collection of watches and jewellery the probability was that the jeweller would telephone for the police. Nowadays so many honest people arc doing the same thing that it is impossible to distinguish. The detectives regret that much good evidence i s going into the melting-pot, while also noto money is exceptionally plentiful among known burglars. Oil the other hand tho "fences," who usually take the bulk of the profits for disposing of stolen goods, are having a lean time. ASCOT GOLD CUP OFFERED. HOARDED SOVEREIGNS. LONDON, 'February 24. ' Among the varied collections of jewellery and other articles being sold because of the high prices that are offered for gold is the Ascot Gold Cup won by Sweetbread in 1882, and valued at £17,000. The trophy will not be melted down, as its value to collectors of art exceeds the bullion price. A feature of tho gold rush going on at present is the influx of coins from Ireland, mostly hoarded by peasants in their cottages. Some are dated 1600. A countryman delivered at Dublin 200 sovereigns which had been buried in his garden for 20 years, and a man from Newcastle has brought 8000 sovereigns to London. Several firms continue to pay out between £50,000 and £IOO,OOO daily for gold jewellery, trophies, and trinkets.