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Tuesday, March 22, 2005 10:19:39 AM
Hoard of gold can be tourist sight
Hoard of gold can be tourist sight
First published: 18 Mar 2005, 11:35
Norway's largest treasure chest, 415,000 gold coins weighing 3.5 tons, can become the main attraction at a new museum of cultural history planned for Oslo.
Turid Wammer and Norges Bank want the general public to be able to enjoy the historic hoard. PHOTO: NORGES BANK
The hoard of gold stems from the days when Norway's central bank was bound to guarantee the value of notes in gold coin. With banknotes now linked in value to other currency, Norges Bank has begun selling off its gold reserve in the form of bars, but the old coins are still in place.
If the coins, today worth about NOK 283 million (USD 46.5 million), do go on public display, they will require the most secure museum facility in the country. The coins are also a vital bit of history, representing part of the gold transport spirited away from invading Germans in 1940 and smuggled out of the country to safety.
"We want to dramatize the history of the gold, with the gold transport as a central element of the new museum," said director Egil Mikkelsen at the Museum of Cultural History at the University of Oslo. "The plan is to present the gold in bulk and as individual coins. But the treasure will place great demands on security."
Norges Bank wanted their collection more in the public eye than it is now and invited institutions to suggest exhibitions. Documentation chief Turid Wammer at Norges Bank said they are positive to the museum's plan, but a formal agreement remained to be signed.
The collection is made up of about 393,000 coins, or about 3.3 tons, of 10- and 20-crown pieces minted at Kongsberg around the turn of the 20th century. The other coins are foreign, largely from Sweden, Denmark, France, Austria and Hungary.
During WWII the gold coins were stored in the Bank of Canada in Ottawa and the Federal Reserve Bank of New York, and first returned to Norway in December 1987," Wammer said, and added that it would be a pleasure to have them on display in an exciting and educational setting.
LINK: http://www.aftenposten.no/english/local/article998745.ece
Hoard of gold can be tourist sight
First published: 18 Mar 2005, 11:35
Norway's largest treasure chest, 415,000 gold coins weighing 3.5 tons, can become the main attraction at a new museum of cultural history planned for Oslo.
Turid Wammer and Norges Bank want the general public to be able to enjoy the historic hoard. PHOTO: NORGES BANK
The hoard of gold stems from the days when Norway's central bank was bound to guarantee the value of notes in gold coin. With banknotes now linked in value to other currency, Norges Bank has begun selling off its gold reserve in the form of bars, but the old coins are still in place.
If the coins, today worth about NOK 283 million (USD 46.5 million), do go on public display, they will require the most secure museum facility in the country. The coins are also a vital bit of history, representing part of the gold transport spirited away from invading Germans in 1940 and smuggled out of the country to safety.
"We want to dramatize the history of the gold, with the gold transport as a central element of the new museum," said director Egil Mikkelsen at the Museum of Cultural History at the University of Oslo. "The plan is to present the gold in bulk and as individual coins. But the treasure will place great demands on security."
Norges Bank wanted their collection more in the public eye than it is now and invited institutions to suggest exhibitions. Documentation chief Turid Wammer at Norges Bank said they are positive to the museum's plan, but a formal agreement remained to be signed.
The collection is made up of about 393,000 coins, or about 3.3 tons, of 10- and 20-crown pieces minted at Kongsberg around the turn of the 20th century. The other coins are foreign, largely from Sweden, Denmark, France, Austria and Hungary.
During WWII the gold coins were stored in the Bank of Canada in Ottawa and the Federal Reserve Bank of New York, and first returned to Norway in December 1987," Wammer said, and added that it would be a pleasure to have them on display in an exciting and educational setting.
LINK: http://www.aftenposten.no/english/local/article998745.ece
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