Vancouver thief makes off with a rare $500,000 gemstone

Someone may be about to get a whopper of a Christmas gift after a thief made off with a $500,000...

Someone may be about to get a whopper of a Christmas gift after a thief made off with a $500,000 gemstone following an early morning robbery in Vancouver. Carmine Marinelli/QMI Agency

Nick Eagland, Reuters

, Last Updated: 9:50 PM ET

VANCOUVER ─ Someone may be about to get a whopper of a Christmas gift after a thief made off with a $500,000 gemstone following an early morning smash-and-grab in downtown Vancouver.

Police revealed Monday the colourful gem, a rare 11-inch piece of ammolite, was stolen from the front window display of Rocks & Gems in Gastown around 4 a.m. on Friday.

Owner Carmen Wang said police are reviewing surveillance footage from his store and nearby businesses. He said the chances of recovering the fossil are slim because of how much time has now passed since the theft.

“This is called a national treasure of Canada and not many people know the value of it,” Wang said.

Gemologist Harold Lindsay of Imperial Gem Lab said ammolite is primarily mined by Albertan company Korite International and marketed in the Caribbean and Asia.

“It’s quite a soft stone and it can’t be used as a gemstone without some sort of protective cap on top of the stone, unless it’s set in a pendant or doesn’t receive much wear,” said Lindsay. “I would think they would probably sell it as a specimen, rather than break it up.”

Vancouver Police Department spokesman Sgt. Randy Fincham said the “prehistoric fossil” had “significant historical value.”

“Obviously, it has a limited retail value because it’s fairly distinct, so it would be someone that would be a collector, possibly, that would look into purchasing something like this as it is such a unique item or a unique gem.”

Ammolite is the official gemstone of Alberta and must be registered before it can be removed from Canada.


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