Author Topic: Nazi Era Gold Coins Fount in Lüneburg, Germany  (Read 2799 times)

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Offline Bimat

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Nazi Era Gold Coins Fount in Lüneburg, Germany
« on: July 16, 2015, 07:59:08 AM »
Nazi-Era Gold Coins In Germany Worth 45,000 Euros Found By Novice Archaeologist

By Sarah Berger on July 15 2015 9:09 AM EDT

A novice archeologist stumbled upon a hidden treasure last October when he discovered 217 Nazi-era gold coins, according to a new report. The coins were estimated to be worth around 45,000 euros, or more than $49,000.

Florian Bautsch, a certified metal detectorist, found the coins at old burial mounds in Lüneburg, Germany, a town located south of Hamburg, the Local reported. At first, he discovered only nine gold coins. However, after he got in touch with local archeologists, they performed a two-week evacuation and uncovered 207 more gold coins. They also found a pasteboard with two seals displaying the swastika, imperial eagle and a stamp that read “Reichsbank Berlin 244.”   

Henning Habmann, a Lower Saxony state archeologist, believed the coins would have been produced as limited editions to be used as investment pieces for banks and private investors. Edgar Ring, a Lüneburg archeologist, said he was certain the coins belonged to Reichsbank, the Nazi-era central bank, and that they had been stolen.

Most of the coins were minted between 1850 and 1910, with the oldest coin dating to 1831. A chemical analysis showed the coins were most likely packaged between 1940 and 1950. They weighed 6.45 grams (0.2 ounces), with an overall weight of 1.4 kilograms (3 pounds) and had a diameter of 21 millimeters (0.8 inches). Out of all the coins, 128 had Belgian stamps, 74 were from France, 12 were from Italy, and three had Austro-Hungarian stamps.

Although they were estimated to be worth around 45,000 euros, Bautsch was awarded only 2,500 euros for his find, but said the most important thing to him was furthering scientific knowledge. The coins were displayed in the Lüneburg Museum on Tuesday.

There have been similar coin findings in the past, but almost all of them lacked archeological context and crucial elements that would determine their origin. In February 2014, another amateur archeologist found a trove of gold and silver in a German forest that dated to Roman times.

Source: IB Times

Image Caption: A treasure of Nazi-era coins were recently discovered in Germany. Pictured: Gold coins found on the seabed off Israel's Mediterranean coast were seen displayed in sand in the Israeli town of Caesarea, Feb. 18, 2015. Getty Images
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Offline Bimat

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Nazi Era Gold Coins Fount in Lüneburg, Germany
« Reply #1 on: July 16, 2015, 07:59:57 AM »
I may be wrong here but the coins don't look German? ???

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Offline Afrasi

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Re: Nazi Era Gold Coins Fount in Lüneburg, Germany
« Reply #2 on: July 16, 2015, 08:27:06 AM »
The picture shows a hoard found near Caesarea Maritima in Israel: journalism at its lowest level ...

Offline Bimat

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Nazi Era Gold Coins Fount in Lüneburg, Germany
« Reply #3 on: July 16, 2015, 08:28:25 AM »
Yeah, I wonder why would one do that...I didn't read the photo caption carefully but when you know these are not German, then why post them!!! ::)

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Offline Afrasi

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Re: Nazi Era Gold Coins Fount in Lüneburg, Germany
« Reply #4 on: July 16, 2015, 09:21:17 AM »
... but when you know these are not German, then why post them!!! ::)

journalism at its lowest level ...

They had no pic, but they wanted a pic ...

Offline EWC

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Re: Nazi Era Gold Coins Fount in Lüneburg, Germany
« Reply #5 on: July 16, 2015, 11:39:28 AM »
They had no pic, but they wanted a pic ...

I suspect it is not that simple.  Certainly when I have been approached by BBC associates and pointed them to the correct pic they have ignored the advice and gone for the wrong one anyway.

My view is no doubt controversial - but I think part of the explanation was given one time by Arthur Koestler, concerning elite attitudes to joe public.  In an article called:

"The Society for the Prevention of Cruelty to Dead Horses"

Offline Pellinore

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Re: Nazi Era Gold Coins Found in Lüneburg, Germany
« Reply #6 on: July 16, 2015, 01:11:40 PM »
Besides, coins from the Nazi era weren't struck between 1850-1910. And someone writing 'Out of all the coins, 128 had Belgian stamps' doesn't know the slightest bit about the subject.
-- Paul

Offline Bimat

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Nazi Era Gold Coins Fount in Lüneburg, Germany
« Reply #7 on: July 17, 2015, 06:34:52 AM »
Just curious to know..Did Nazi Germany issue gold coins at all? I have never heard about them, apart from couple of patterns...

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Offline WillieBoyd2

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Re: Nazi Era Gold Coins Fount in Lüneburg, Germany
« Reply #8 on: July 28, 2015, 09:03:13 PM »
Based on the articles I have read:

The find consisted of 217 gold coins, all with a diameter of 21mm and weight of 6.45 grams.
The countries and totals were Belgium 128, France 74, Italy 12, and Austria-Hungary 3.
The dates ranged from 1831 to 1910, and the denominations were 20 francs or equivalents.
The current value of the coins based on the gold content was Euro €45,000 or US $49,500.

There were Nazi swastikas and "Berlin Reichsbank" marks on the containers.

I suppose that his permit to hunt in burial mounds required him to report finds.

They look like this:


France Gold Napoleon 20 Francs 1863 - Mint BB (Strasbourg), Privy mark anchor, 6.41gm


Belgium Gold Leopold 20 Francs 1878 - 6.43gm

:)
« Last Edit: July 29, 2015, 05:11:57 AM by WillieBoyd2 »
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