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Man cleared of Shakespeare theft Man cleared of Shakespeare theft
(40 minutes later)
Mr Scott denies theft and handling stolen goods Raymond Scott denied theft and handling stolen goods
Antiques dealer Raymond Scott has been cleared of stealing a rare copy of Shakespeare's First Folio.Antiques dealer Raymond Scott has been cleared of stealing a rare copy of Shakespeare's First Folio.
But a Newcastle Crown Court jury found the 53-year-old from County Durham guilty of handling stolen goods and removing stolen property from the UK.But a Newcastle Crown Court jury found the 53-year-old from County Durham guilty of handling stolen goods and removing stolen property from the UK.
Scott, of Wingate, near Peterlee, had denied stealing the 1623 work from a glass cabinet at Durham University in 1998.Scott, of Wingate, near Peterlee, had denied stealing the 1623 work from a glass cabinet at Durham University in 1998.
He had also denied handling stolen goods.He had also denied handling stolen goods.
The charges relate to one of the surviving copies of the 1623 compendium of Shakespeare's plays which went missing from Durham University in 1998.
It was handed in by Scott to the world-renowned Folger Shakespeare Library in Washington DC a decade later.
The trial was told Scott kept the badly-damaged volume, estimated to be worth about £1m, at his house for a decade before taking it to the Folger library where staff called police.
It was alleged that he he hoped to sell it at auction and share the money with friends in Cuba.
Scott was remanded in custody by Judge Richard Lowden, who told him: "There will, in due time, be an inevitable substantial custodial sentence."
The judge adjourned the case to a date to be fixed to allow a psychiatric report to be prepared.