Lawrence Teen Steals $33,000 Worth of Rare Coins, Cashes Them in CoinStar Machine for $29.30
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Michael Johnson envisioned Lawrence teen Liam Apagado sending those commemorative presidential dollars spiraling down a slot, to be converted from $33,000 worth of collectibles to just enough store credit to buy a couple of 12-packs of beer.
“He easily had $33,000 worth, and he dumped it in a Coin Star machine,” Johnson said.
Authorities said Apagado, 17, of Lawrence,MA confessed he stole rare coins and other items, valued at $350,000, from Johnson’s North Lawrence office in January.
Apagado reportedly said he sold some, then ran many through change machines, where he got just face value.
Johnson, who said he’s disabled and mostly not working, said Apagado wiped him out of his life savings.
“I was using those coins to help stay alive,” he said.
“There’s no insurance that covers this kind of thing, really. Not at the losses we’re talking about,” he said. “It’s put me in a world of hurt.”
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