LAS VEGAS (CBS Las Vegas) – David Walters filed a criminal complaint claiming that his niece stole and sold his coin collection to a pawn shop which then melted the coins down.

According to UPI, Walters notified police but it was too late as the shop, which has gained fame from the reality television show “Pawn Stars,” had already melted the coins down by then.

According to the news service, Jennifer Beckman, Walters’ niece, sold the coins to the shop for $12,375.

Coins are an exception to the Nevada state law says pawn shops must hold pawned items for 30 to 90 days in case the original owners want to buy their items back.

“In a fast-moving shop, particularly our shop, because of tis fame, you move things quickly. We go through them,” Laura Herlovich, the shop’s spokeswoman told UPI. “If the grader is not someone we trust, the cases are cracked open and the coins are sent out to be melted down. That was the case here. I don’t know for sure, but I believe a majority were melted down. They weren’t worth what he thought they were worth.”

(TM and © Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)


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