$1m Suitcase of Uninsured Jewelry Stolen at Gem Show

By John Jeffay / June 26, 2022 / www.idexonline.com / Article Link

(IDEX Online) - A jeweler had his uninsured suitcase of diamonds and jewelry, valued at over $1m, stolen as he packed up at the end of a gem show in Houston, Texas, USA."It takes so much to collect... and to see everything vanish... It's your entire life savings. It's gone," Iftikhar Sayed, 72, told local news channel Click2Houston.He and his wife had been displaying their goods at the International Gem & Jewelry Show in Houston, at the NRG Center (pictured).They'd packed up, Mr Sayed went to get his car, and when he returned he found the suitcase containing his entire inventory, together with his jacket and wallet, had been stolen.Mr Sayed, who opened Sayed Creations in 1982, was not insured.  CCTV shows the thief walking out the front door and driving off with the stolen goods.  Houston Police Department is investigating.

Recent News

Silver inventories rebound in UK, output from major producers rises

December 15, 2025 / www.canadianminingreport.com

Silver's three-month outperformance continues

December 15, 2025 / www.canadianminingreport.com

Silver & Copper Supply Distortions Continue

December 08, 2025 / www.canadianminingreport.com

Gold stocks down in risk-on shift

December 08, 2025 / www.canadianminingreport.com

Gold stocks rocket on metal rebound and equities jump

December 01, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok