Connect with us

Headlines

Here’s the State of Jewelry Crime in the US Right Now

mm

Published

on

INSTORE policelightsThe JSA released a new report.

Jewelry-store robberies and burglaries were down through the first half of this year, according to newly released statistics from the Jewelers’ Security Alliance.

Thefts, however, were up.

There were 77 robberies in the first six months of 2017, compared with 91 in the same period of 2016. The dollar value of this year’s crimes was $8.4 million, down from $16.3 million the first half of 2016.

“Dollar losses from robberies were about half of the same period last year,” said John Kennedy, president of JSA. “Both the number of robberies and the dollar losses from robberies were the lowest in at least the last six years.”

There were 103 burglaries, down from 109. The value this year was $8.9 million, compared with $5.7 million in the same period last year.

Kennedy explained that dollar losses from burglaries were up 56 percent “due to a small number of very high dollar burglary losses.”

Advertisement

The number of thefts rose to 356 from 310. The value of this year’s crimes was $3.9 million, up from $3.1 million in the first half of 2016.

There were 15 off-premises crime cases in the first half of 2017, with a value of $5.8 million. That compared with 18 cases in the same period last year, with a value of $5.7 million.

In all, 551 jewelry crimes were reported in the first half of this year, with a value of $27 million. That compared with 528 cases and a value of $30.8 million in the same period a year earlier.

“The overall, long-term trend in crime against jewelers in the U.S. is down, but there will continue to be ups and downs in individual crime categories,” Kennedy said.

There were 126 arrests in the first half of 2017, compared with 132 in the same period last year.

Kennedy said three jewelers, a customer and a Good Samaritan were killed this year. In the first six months of 2016, one jeweler and three robbers were killed.

Advertisement

 

 

Advertisement

SPONSORED VIDEO

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

Promoted Headlines

Most Popular