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Edited on Tue Feb-26-08 11:43 AM by DFW
The Red Army took Berlin, and with it all the gold in the Reichsbank. Whereas the gold bars with the Swastika were mostly melted down and recast into bars with Soviet markings, literally tons of old gold coins with unimaginable collector value were taken away intact. Almost this whole treasure was spirited out of the old Soviet Union by a savvy band of Soviet insiders who saw the writing on the wall before 1991.
Some examples I know of: the entire mintage of the Danzig 25 Gulden coins of 1930 started showing up a little over ten years ago. Thirty or so of these coins were distributed to members of the (the German) Danzig parliament, and the rest were returned to the Reichsbank in Berlin, suppposedly lost or melted down. Not so. Through a renegade band of ex-Soviets, the entire mintage of 4000 coins showed up in the USA. These coins used to go for about $20,000 each. Now you can buy all you want for $3000 each, and that may be too much already (I don't follow it that closely). Many were sold to "investors" at $2950 or so, and that is the only reason they are not $500. The same group has also offered several hundred thousand Danish gold 20 Kroner coins of the 1926-1931 period. These dates list as extremely rare, selling for some $10,000 apiece, as only ten or so of each were known to have survived. The same shadowy group that was selling the Danzig coins through a firm in Florida also offered the ENTIRE mintage of the lost Danish coins. The Nazis took them from the Danes when they occupied Denmark in 1940, and the Soviets took them from the Nazis. The whole hoard is available, albeit without a receipt, as these coins are still the legal property of the Kingdom of Denmark. No takers, so far (DUH). The firm in Florida was told that their children (!!) were already too old to see the end of the Soviet gold coin hoard. They also had the coins that Stalin stole from the Spanish Republic in 1936, including vast numbers of old gold coins from Spain and Latin America.
So, while there may be hoards of Nazi gold yet to be found in Europe, there is at least one huge, almost unimaginably so, hoard of gold that was taken from them by the Soviets in 1945, and is already bunkered in the UK and the USA. These people also control gold coins that the Russians already owned without taking them from anyone. There was a hoard of 20,000 or so US $20 gold coins dispersed in 1998. Some of the jerks who were selling it to the public made the incredible mistake of crowing that their hoard had been intact since the year 1917, figuring, I guess, that they thought no one in North America knew enough history to know of any earth-shaking events in 1917. The Ex-KGB guys must have gone ballistic when they saw the ad, because the mention of the hoard's being intact since 1917 disappeared from all subsequent articles or ads trying to sell coins out of the hoard.
This is no speculation either. I have seen some of this stuff. It's for real.
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