October 18, 2011

Upper Keys jeweler charged with theft of engagement ring

An upper Keys jewelry store owner is facing more charges, this time for selling a ring he had on consignment in his shop and then failing to pay the ring’s owner the amount they agreed upon for the sale.

The victim, an Islamorada woman, told Detective Patrick Crozier she brought her engagement ring in to Jeff Halliday’s jewelry shop, Coin of the Realm in Islamorada, in August of 2009. She said he agreed to sell it for her; he said he would sell it for $6,500.00 and give her $4,200.00 of it, keeping the rest for himself.

She returned to the shop in November of 2010 and asked for it back because it hadn’t yet been sold. He told her he had sold it to a friend of his, but hadn’t received the money yet. She returned to the shop several more times to ask for her money, but he kept saying he did not have it yet.

She said she finally went to the State Attorney’s Office to file a complaint and was referred to the Sheriff’s Office.

A warrant was issued for Halliday’s arrest and today he was charged with grand theft and violating the statute requiring him to have a second hand dealer’s license to engage in such consignment sales. Bond on the warrant is set at $6,500.00.

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