Published: Jan 24, 2013 11:11 AM EST
Updated: Jan 25, 2013 12:01 AM EST

CAPE CORAL, Fla.- Crime Stoppers is hoping to catch the suspect who snatched a rare Spanish coin, over several hundred years old, from the neck of a Cape Coral senior citizen.

According to Cape Coral Police, on January 12th around 12:30 p.m., the senior citizen was sitting in his convertible car near the 4500 block of Del Prado Boulevard, when a white male in his 30s approached him and asked what time it was. When the victim looked down, the suspect ripped off the man’s necklace, before fleeing on foot. What the thief likely didn’t realize at the time was just how valuable, and rare, that necklace was. The necklace itself is made of heavy gauge rope, valued at roughly $3,500. The charm, however, is a rare 24 karat gold Spanish coin from 1715, which was turned into a charm by a Sanibel Island artist in 1996. The current value of the charm itself is in the range of $20,000.

The suspect is described is being over 6 feet tall, with an average build. Anyone with information on his identity, or who may have seen something suspicious around the time the crime was committed, is asked to call Crime Stoppers at 1-800-780-TIPS (8477). All callers will remain anonymous and will be eligible for a cash reward of up to $1,000. Tips may also be made online at www.swflcrimestoppers.com or by texting a tip to CRIMES (274637) Keyword: REWARD.