Ron Shore holds a solid silver eagle statue at Portage and Main St in Winnipeg Nov. 3, 2010. (THE CANADIAN PRESS/ Winnipeg Free Press - Joe Bryksa)

Stolen golden eagle not worth $7M

Owner claims he was ambushed by two men, and had planned to sell the statue to raise money for breast cancer research

A diamond-studded golden eagle statue reported stolen in a violent robbery in 2016 is worth $930,450, not $7 million as its owner originally claimed, according to court documents.

Ron Shore’s company Forgotten Treasures International Inc. has filed a lawsuit in B.C. Supreme Court against several insurers for denying his claim over the theft of the eagle.

Shore made an emotional plea for the return of the statue at a news conference in June 2016. He told reporters he was in Delta, B.C., when two men ambushed him, hit him over the head with a large flashlight and stole the eagle, plus a less-valuable decoy.

At the time, he said the elaborate eight-kilogram sculpture had been appraised at $7 million and he planned to sell it to raise money for breast cancer research.

In the recently filed lawsuit, Shore says the appraised value of the eagle is $930,450.

When reached by phone Thursday, Shore said he could not comment on the discrepancy because of the ongoing police investigation into the theft.

“Everything can be explained in court and it’s a very simple situation,” he said. “I have been instructed by the police not to say anything. It’s all part of the investigation.”

Delta Police spokeswoman Cris Leykauf confirmed officers were still investigating the case.

In the statement of claim, Shore’s company says it operates an international treasure hunt to raise money for cancer research. The focus of the treasure hunt is the eagle sculpture, which is made of solid gold and encrusted with 763 diamonds, the company says.

At the end of the treasure hunt, Forgotten Treasures planned to sell the golden eagle in order to finance the final prize, with the remainder of the proceeds being donated to cancer research, the statement of claim says.

The court document describes the attack that Shore says he suffered. It says he took the eagle to an event to promote the treasure hunt, and as he was walking to his car, he was attacked, hit over the head and robbed.

Thieves snatched the golden eagle as well as a silver eagle worth approximately $175,000, the lawsuit says.

Shore chased one of the thieves and caught up with him when he got into a truck, the lawsuit says. He reached into the truck through the window and grabbed the robber, who dragged him for about 200 metres before running over his leg, it says.

The leg injury resulted in two surgeries and a year-long recovery, the statement of claim says.

It also says a witness called police and, despite Shore’s full co-operation with officers, the theft remains unsolved.

None of Shore’s allegations have been proven in court.

Two insurers named in the lawsuit — Endeavour Insurance Services Ltd. and Hub International Ltd. — did not immediately return requests for comment.

Another firm, Lloyd’s Underwriters, said it cannot comment on matters involving ongoing litigation.

No statement of defence has been filed.

The lawsuit says Shore immediately notified the insurers of the theft, but a claims adjuster “failed to examine the claim objectively, treating the denial of coverage as a foregone conclusion.”

At one point, the adjuster appeared to make an immediate settlement offer if Shore would take a lie detector test, the lawsuit says. Shore immediately agreed to take the test, but the adjuster revoked the offer, the lawsuit says.

The insurers formally denied coverage in October 2016, the lawsuit says.

Shore’s company is seeking $400,000 in compensation for the gold eagle and $53,750 for the silver eagle.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Cranbrook to host BC women’s, men’s curling championships

Top curling teams to battle for provincial championship in the Kootenays in 2020

Calgary Police looking for missing man who may be heading to B.C.

A man last seen on May 15 in Calgary may be heading to the Kootenay region, according to police

Chernove medals in Belgium

Cranbrook cyclist Tristen Chernove finished the second round of UCI Para-cycling Road World Cup

Former polygamous leader found guilty of removing a child from Canada

James Oler found guilty of removing an underage child from Canada to marry a U.S. man in 2004

Dog owner upset after five puppies stolen from Cranbrook home

Angelo Polh says a litter of puppies were taken from his home while he was away on May 11.

Killer of Calgary mother, daughter gets no parole for 50 years

A jury found Edward Downey guilty last year in the deaths of Sara Baillie, 34, and five-year-old Taliyah Marsman

B.C. man killed in logging accident ‘would have done anything for anyone’

Wife remembers 43-year old Petr Koncek, father of two children

Ottawa spending $24.5M to research on health benefits, risks of pot use

$390,000 will fund two cannabis public awareness

Crackdown on money laundering does not include federal public inquiry: minister

An independent report commissioned concluded $7.4 billion was laundered in B.C. last year

Trudeau’s action plan on climate change brings B.C. politician out of retirement

Terry Lake, a former B.C. health minister, is running for federal office in Kamloops-Thompson-Cariboo

Survey finds minimal progress in Canadian military’s fight against sexual misconduct

1.6 per cent of regular-force members — 900 military personnel — reported having been victims of sexual assaults over past year

Raptors beat Bucks 120-102 to even series at 2-2

Lowry pours in 25 as Toronto moves within two games of NBA Finals

Most Read