Author Topic: Report: Derek Fisher's five Los Angeles Lakers championship rings stolen  (Read 3642 times)

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Re: Report: Derek Fisher's five Los Angeles Lakers championship rings stolen
« Reply #1 on: January 31, 2017, 02:28:03 PM »

Offline greece66

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What a weird story.

NBA rings are valuable only to the extent other ppl know they are NBA rings. If the thief tries to sell them as mere rings, he will get peanuts in return. If he tries to sell them as NBA rings instead, he will get caught very fast.

Sounds like the kind of thing an obsessed NBA fun would do for the benefit of his personal collection.




Re: Report: Derek Fisher's five Los Angeles Lakers championship rings stolen
« Reply #2 on: January 31, 2017, 02:44:17 PM »

Offline Tr1boy

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Just order replacements lol

Re: Report: Derek Fisher's five Los Angeles Lakers championship rings stolen
« Reply #3 on: January 31, 2017, 02:47:30 PM »

Offline Cman

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What a weird story.

NBA rings are valuable only to the extent other ppl know they are NBA rings. If the thief tries to sell them as mere rings, he will get peanuts in return. If he tries to sell them as NBA rings instead, he will get caught very fast.

Sounds like the kind of thing an obsessed NBA fun would do for the benefit of his personal collection.



Yeah, my thoughts exactly. NBA rings strike me as the last thing a pro thief would want to steal. So, this was sort of a break in and grab what you can type deal....
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Re: Report: Derek Fisher's five Los Angeles Lakers championship rings stolen
« Reply #4 on: January 31, 2017, 02:50:50 PM »

Offline SHAQATTACK

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All the thieves can do is melt them down for the gold and any diamonds .

Peanuts to NBA players , pretty good hunk of change for the average Joe.

Re: Report: Derek Fisher's five Los Angeles Lakers championship rings stolen
« Reply #5 on: January 31, 2017, 03:05:20 PM »

Offline Denis998

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It sucks because now he doesn't have proof that he won those actual championships

Re: Report: Derek Fisher's five Los Angeles Lakers championship rings stolen
« Reply #6 on: January 31, 2017, 03:12:04 PM »

Offline gift

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Primary suspects include the 2002 Sacramento Kings.

Re: Report: Derek Fisher's five Los Angeles Lakers championship rings stolen
« Reply #7 on: January 31, 2017, 03:12:07 PM »

Offline Tr1boy

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It sucks because now he doesn't have proof that he won those actual championships

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Re: Report: Derek Fisher's five Los Angeles Lakers championship rings stolen
« Reply #8 on: January 31, 2017, 03:14:06 PM »

Offline bdm860

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All the thieves can do is melt them down for the gold and any diamonds .

Peanuts to NBA players , pretty good hunk of change for the average Joe.

I disagree, there's a whole criminal underworld out there.

You have everything from street level gangs to big time organized crime out in LA and the surrounding areas.  A fair amount of which are probably Lakers fans.

Sure you won't be able to auction them off on eBay, but I bet it has some value on the black market.  Or a lot of people would just love to have it as a trophy.

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Re: Report: Derek Fisher's five Los Angeles Lakers championship rings stolen
« Reply #9 on: January 31, 2017, 03:19:33 PM »

Offline 86MaxwellSmart

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Report: ALL of the Boston Celtics 2010 Championship Rings were STOLEN in the 4th quarter of Game 7 by Dan Crawford, Joe Crawford, Scott Foster
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Re: Report: Derek Fisher's five Los Angeles Lakers championship rings stolen
« Reply #10 on: January 31, 2017, 03:35:28 PM »

Offline GreenEnvy

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I'd check Matt Barnes' home.
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Re: Report: Derek Fisher's five Los Angeles Lakers championship rings stolen
« Reply #11 on: January 31, 2017, 03:57:48 PM »

Offline apc

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Re: Report: Derek Fisher's five Los Angeles Lakers championship rings stolen
« Reply #12 on: January 31, 2017, 04:00:36 PM »

Offline apc

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What a weird story.

NBA rings are valuable only to the extent other ppl know they are NBA rings. If the thief tries to sell them as mere rings, he will get peanuts in return. If he tries to sell them as NBA rings instead, he will get caught very fast.

Sounds like the kind of thing an obsessed NBA fun would do for the benefit of his personal collection.


Thieves still art, and collectors would buy stolen art just to display it privately.

Re: Report: Derek Fisher's five Los Angeles Lakers championship rings stolen
« Reply #13 on: January 31, 2017, 06:01:07 PM »

Offline greece66

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About the value of the stolen rings. An article on art stolen from a Dutch museum might provide a useful comparison

Quote
They are known, stolen, entities. No self-respecting collector, gallerist or auction house would ever consider buying them.  The burglar can't just "take them to market." And, as Farren-Bradley says, "You cant display them in a tangible or useful way. You can try, but it would probably be short lived."

So what can a burglar get on the black market for this work? Farren-Bradley says between 5-10% of its fair market value -- and she suggests that the lower end of that range is the most likely -- because all the buyer can hope to gain out of a stolen art purchase is a higher resale.

http://www.forbes.com/sites/calebmelby/2012/10/16/to-be-a-burglar-why-stealing-art-is-a-bad-way-to-make-a-buck/#750926f73718

A Picasso is obviously a very different object from an NBA ring but the point is that the value of both lies in being originals instead of copies. And in this particular case, such a proof would ipso facto also prove they are stolen.

Unless the thief was promised money in advance by someone who really wanted the rings, IMO the most likely outcomes are that he trades them for other illegal goods (drugs and weapons come to mind), or keep them to show them off to other criminals.

IMO this was an amateur's work as Cman wrote.

Re: Report: Derek Fisher's five Los Angeles Lakers championship rings stolen
« Reply #14 on: January 31, 2017, 06:02:25 PM »

Offline Monkhouse

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It was Lebron.

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