gold bar

Two men are currently facing federal charges after stealing a gold bar from a Key West treasure museum. One of the assailants, Richard Johnson, will serve five years in three months in federal prison. The other assailant, Jarred Goldman, will serve three years and four months.

In August of 2010, the two drove from Palm Beach to Key West. In the security footage from the Mel Fisher Maritime Museum, you can see the two in the area of the museum around closing time. They kept returning to the exhibit of a gold bar in a clear case. Those who visit can reach in and touch the gold bar. The bar came from a Spanish treasure ship, The Santa Margarita, that in 1622 wrecked off the shores of the Keys.

Two Men Who Stole Gold Bar From Key West Museum Face Years In Prison

For over seven years they were able to get away with the theft. That is until the FBI received an anonymous tip. In January, Johnson pled guilty to the robbery. Goldman, however, went to trials and in may was convicted.

Part of the two’s sentence is to pay $580,195.43 in restitution to the museum. An insurance company did pay the museum around $100,000 for the loss of the gold bar. However, the museum’s executive director said in court that the bar was worth far more.

The “lift-a-gold-bar” exhibit was a big part of marketing for the museum.

Fortunately, the judge was in agreeance with the directors, setting restitution at $556,000 though he doubts they will pay that amount in full.

The bar in question was compared by the judge to the Magna Carta, a document 1215 that established rights of different parts of English society.

Though in scrape paper it may only be worth about 12 cents, in reality, it’s worth is way more.