Insights

An 1863 Indian Head cent pattern has been returned to the American Numismatic Association museum

Coin was among pieces stolen from ANA Museum in 2007
By Michele Orzano - Coin World Staff
Published : 05/02/14
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An 1863 Indian Head cent pattern has been returned to the American Numismatic Association’s headquarters.

The coin was one of more than 300 historically significant and rare coins and patterns valued at nearly $1 million stolen over a three-month period in 2007 from the ANA’s Edward C. Rochette Money Museum.

The ANA announced May 1 that it had recovered the Proof 66 Cameo pattern cent, Judd 302, (United States Pattern Coins, Experimental & Trial Pieces by J. Hewitt Judd, edited by Q. David Bowers).

The coin was returned to the ANA by a collector who wishes to remain anonymous, according to an ANA news release.

In January 2012, Wyatt E. Yeager, the museum’s former collections manager, pleaded guilty in a Delaware Federal District Court to the theft of more than 300 rare coins valued at nearly $1 million from the museum’s collections. 

Yeager stole the coins in early 2007 during his brief employment with the ANA and quickly sold many of them at auctions both in the United States and abroad.

The ANA noticed that items from its collection were missing in October 2007 and launched an internal investigation.

ANA officials publicly acknowledged the theft for the first time in a story published in the Jan. 30, 2012, issue of Coin World

According to the ANA at the time, the theft was kept confidential to not compromise the investigation, during which Yeager relocated to Ireland.

Yeager was sentenced on April 24, 2012, to 27 months in federal prison and two years supervised release, and was ordered to pay $948,505 to the ANA in restitution related to the 2007 theft.

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