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Explore Q Report's Content Centre for expert advice on jewellery insurance. You can also read e-guides and blogs, watch videos and more.

Explore Q Report's Content Centre for expert advice on jewellery insurance. You can also read e-guides and blogs, watch videos and more.

Jewellery, engagement ring & watch advice, plus insurance tips & industry insights. 

Watch expert tips, discover insurance benefits & hear real customer stories. 

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Stolen jewellery: the craziest jewellery heists of all time

Q Report Team

Updated on March 19, 2025
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We put a big price on jewellery, so much so that it’s regularly the target of high profile heists.

Although the method of theft might vary, there tend to be a few similarities in the big diamond heists. For starters, a successful heist almost always requires inside help. After all—we’re talking about some of the most highly guarded and secured carbon in the world. Secondly, although the thieves themselves are often apprehended by the law, the stolen diamonds are rarely retrieved.

This post is going to dive into the world of heists and look into some of the craziest jewellery thefts of all-time.

‘Ice’ cold teenager helps steal over $200k in jewellery in Melbourne 

A drug-fueled teenager who took part in a $200,000 jewellery heist in Melbourne was spared jail time earlier this year, thanks to his character. 19-year-old Akon Mawien had smoked the potent drug ice before ransacking two different jewellery stores with an accomplice. Thankfully, the general public managed to restrain the two criminals before the police arrived to clean things up.

The Pink Panthers

One of the most surreal jewellery heists took place in an exclusive jewellery store in Paris, France, and features a group of robbers named the Pink Panthers. The criminals, dressed as women, herded customers and employees into the corner of the high-end jewellery store and began smashing display cases for the bounty within. The crew escaped with a staggering $108 million in diamonds, and have yet to be caught.

Pink Perils

In 1913, a British jeweller known as Max Mayer owned an exquisite and highly sought after strand of priceless, matched pink pearls. As word spread of Mayer’s one-of-a-kind piece of jewellery, it was only a matter of time before someone tried to steal the pearls.

Joseph Grizzard, a known jewel thief, stepped up to the plate and pulled off a truly inspired heist. He somehow managed to retrieve the pearl necklace from inside of a sealed box, which was placed with thousands of other identical boxes and buried in hundreds of identical mailbags. To add insult to injury, Grizzard even left a replacement piece—11 French sugar cubes wrapped in newspaper.

Want to find out how you can keep your jewellery safe and sound? Contact the friendly team at Q Report on 1300 882 018.

 

Theft Coverage

 

Purchase Amount

To get an accurate insurance quote, please provide the amount from your purchase receipt.

Don't have the receipt?

If you don't have the receipt, you can provide the most recent valuation amount instead.

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Related Posts
Featured Posts
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Jewellery Insurance

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Listen to article
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We put a big price on jewellery, so much so that it’s regularly the target of high profile heists.

Although the method of theft might vary, there tend to be a few similarities in the big diamond heists. For starters, a successful heist almost always requires inside help. After all—we’re talking about some of the most highly guarded and secured carbon in the world. Secondly, although the thieves themselves are often apprehended by the law, the stolen diamonds are rarely retrieved.

This post is going to dive into the world of heists and look into some of the craziest jewellery thefts of all-time.

‘Ice’ cold teenager helps steal over $200k in jewellery in Melbourne 

A drug-fueled teenager who took part in a $200,000 jewellery heist in Melbourne was spared jail time earlier this year, thanks to his character. 19-year-old Akon Mawien had smoked the potent drug ice before ransacking two different jewellery stores with an accomplice. Thankfully, the general public managed to restrain the two criminals before the police arrived to clean things up.

The Pink Panthers

One of the most surreal jewellery heists took place in an exclusive jewellery store in Paris, France, and features a group of robbers named the Pink Panthers. The criminals, dressed as women, herded customers and employees into the corner of the high-end jewellery store and began smashing display cases for the bounty within. The crew escaped with a staggering $108 million in diamonds, and have yet to be caught.

Pink Perils

In 1913, a British jeweller known as Max Mayer owned an exquisite and highly sought after strand of priceless, matched pink pearls. As word spread of Mayer’s one-of-a-kind piece of jewellery, it was only a matter of time before someone tried to steal the pearls.

Joseph Grizzard, a known jewel thief, stepped up to the plate and pulled off a truly inspired heist. He somehow managed to retrieve the pearl necklace from inside of a sealed box, which was placed with thousands of other identical boxes and buried in hundreds of identical mailbags. To add insult to injury, Grizzard even left a replacement piece—11 French sugar cubes wrapped in newspaper.

Want to find out how you can keep your jewellery safe and sound? Contact the friendly team at Q Report on 1300 882 018.

 

Theft Coverage

 

Table of Contents

Introduction
Understanding the 4 Cs of Diamonds
Diamond Shapes
Choosing a Ring Style
Selecting a Ring Retailer

Understanding Mechanical Movements

Rolex-super-precision

Unlike their battery-powered quartz counterparts, luxury watches have a beating heart – the mechanical movement. First created in the 14th century, large, weight-driven tower clocks with verge escapements and foliot balances marked the dawn of mechanical timekeeping.

Today, the core concept of mechanical movements remains unchanged from its original conception. It involves an intricate arrangement of gears, springs, and an escapement powered by a wound mainspring. This precision engineering allows for smooth operation and precise timekeeping.

Manual watch movements require the wearer to wind the crown periodically. Automatic watch movements, on the other hand, utilise the wearer's movements to keep the mainspring wound, offering a convenient everyday solution.

The Patek Philippe Calatrava, with its ultra-thin manual movement, exemplifies the elegance of traditional watchmaking. On the other hand, the Rolex Oyster Perpetual, with its self-winding mechanism epitomises practicality and durability.

Whether manual or automatic, a mechanical movement imbues a luxury watch with a soul, a testament to human ingenuity and a treasured heirloom for generations to come

Luxury Watch Complications: Exploring Hidden Features & Functionality

Luxury watches often boast 'complications,' intricate mechanisms that add layers of sophistication, style and utility. Here, we explore some of the most fascinating complications created by the best luxury watch brands.

Statistic Heading

Rolex-super-precision

Unlike their battery-powered quartz counterparts, luxury watches have a beating heart – the mechanical movement. First created in the 14th century, large, weight-driven tower clocks with verge escapements and foliot balances marked the dawn of mechanical timekeeping.

Today, the core concept of mechanical movements remains unchanged from its original conception. It involves an intricate arrangement of gears, springs, and an escapement powered by a wound mainspring. This precision engineering allows for smooth operation and precise timekeeping.

Manual watch movements require the wearer to wind the crown periodically. Automatic watch movements, on the other hand, utilise the wearer's movements to keep the mainspring wound, offering a convenient everyday solution.

The Patek Philippe Calatrava, with its ultra-thin manual movement, exemplifies the elegance of traditional watchmaking. On the other hand, the Rolex Oyster Perpetual, with its self-winding mechanism epitomises practicality and durability.

Whether manual or automatic, a mechanical movement imbues a luxury watch with a soul, a testament to human ingenuity and a treasured heirloom for generations to come

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Common Diamond Alternatives
for Engagement Rings

Tanzanite

Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.

Aquamarine

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Sapphire

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Luxury Watch Complications: Exploring Hidden Features & Functionality

Luxury watches often boast 'complications,' intricate mechanisms that add layers of sophistication, style and utility. Here, we explore some of the most fascinating complications created by the best luxury watch brands.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

“Knowing your engagement ring is insured brings peace of mind. Accidents can happen, and insurance coverage alleviates the worry and stress of potential loss or damage.”

Unlike their battery-powered quartz counterparts, luxury watches have a beating heart – the mechanical movement. First created in the 14th century, large, weight-driven tower clocks with verge escapements and foliot balances marked the dawn of mechanical timekeeping.

Today, the core concept of mechanical movements remains unchanged from its original conception. It involves an intricate arrangement of gears, springs, and an escapement powered by a wound mainspring. This precision engineering allows for smooth operation and precise timekeeping.

Manual watch movements require the wearer to wind the crown periodically. Automatic watch movements, on the other hand, utilise the wearer's movements to keep the mainspring wound, offering a convenient everyday solution.

The Patek Philippe Calatrava, with its ultra-thin manual movement, exemplifies the elegance of traditional watchmaking. On the other hand, the Rolex Oyster Perpetual, with its self-winding mechanism epitomises practicality and durability.

Whether manual or automatic, a mechanical movement imbues a luxury watch with a soul, a testament to human ingenuity and a treasured heirloom for generations to come

Export
Expert Tip

Budget Considerations

Diamond shapes can vary in price due to popularity and demand. Round brilliants, for example, tend to be more expensive than other shapes due to their high demand. If budget is a concern, consider alternative shapes or prioritise other aspects, such as cut quality, over the shape itself.

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Jewellery Insurance FAQ

Contents insurance covers the items within your home in case they are damaged, lost or stolen. This can include furniture, electronics, clothing and other personal.  Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.

Contents insurance covers the items within your home in case they are damaged, lost or stolen. This can include furniture, electronics, clothing and other personal.  Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.
Home Security Fortification

An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

An engagement ring is a significant financial and sentimental investment. Specialised.

Travel Savvy

An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

An engagement ring is a significant financial and sentimental investment. Specialised.

Social Media Caution

An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

An engagement ring is a significant financial and sentimental investment. Specialised.

Regular Valuations

An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

An engagement ring is a significant financial and sentimental investment. Specialised.

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Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.

Luxury Watch Complications: Exploring Hidden Features & Functionality

Luxury watches often boast 'complications,' intricate mechanisms that add layers of sophistication, style and utility. Here, we explore some of the most fascinating complications created by the best luxury watch brands.

Home Security Fortification

Contents insurance covers the items within your home in case they are damaged, lost or stolen. This can include furniture, electronics, clothing and other personal.  Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.

Purchase Amount

To get an accurate insurance quote, please provide the amount from your purchase receipt.

Don't have the receipt?

If you don't have the receipt, you can provide the most recent valuation amount instead.

OK

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