Two Lucky Englishmen Discover Gold Bars in Old Iraqi Tank By Accident

This is too cool. These guys are tank restorers, and recently bought a T-54/69 on ebay for $38,000 . They always record each time they open one up in the event there are guns found and can prove chain of custody. Well this time, they swore there would be guns because it seemed there was a hole cut into the fuel tank. As they were getting into it, the man realized it was no guns to their disappointment. What they found instead though had them in a bit of disbelief. At least 5 gold bars weighing a minimum of 12 pounds each!! Well over $1,000,000 worth of gold bullion.

Theory is the Iraqis stole this gold from Kuwait during the 1991 invasion. It has been turned over to police and receipt has been provided.

Kitco News
Tank restorers Nick Mead and Todd Chamberlain stumbled on a very rich discovery in the form of five gold bars worth $1.4 million dollars while opening up a diesel fuel tank. And the whole thing was caught on video.
The tank is believed to have been used by the Iraqi Army during the Gulf War and the discovered gold looted by Iraqi soldiers during the invasion of Kuwait, according to local media reports quoting Mead. “They must have cut a hole in the fuel tank and rammed it full of gold bars,” he said.

After the discovery, the men decided to call the police and turn over the gold. In return, the pair got a receipt, which has been placed in a deposit box.

I have full confidence they did the right thing and failed to account for additional gold. What kind of sucker would not hide way at least some portion of it?

They are better men than me..

a reply to: Misterlondon

Dude, look how less than excited they appear. I know damn well they stashed away some of it and this was likely recreation to throw off the authorities. There are no serial numbers or markings on it, so its doubtful Kuwait or Iraq will be able to lay claim. Chances are they will get most of it back, and only pay taxes on what was reported

originally posted by: worldstarcountry
a reply to: Misterlondon

Dude, look how less than excited they appear. I know damn well they stashed away some of it and this was likely recreation to throw off the authorities. There are no serial numbers or markings on it, so its doubtful Kuwait or Iraq will be able to lay claim. Chances are they will get most of it back, and only pay taxes on what was reported

Untraceable gold bullion..? i wouldn't have been paying any tax on it. That's for sure..

a reply to: Misterlondon
Being in the UK, I bet you could trade some of them into diamonds no?

originally posted by: worldstarcountry
a reply to: Misterlondon
Being in the UK, I bet you could trade some of them into diamonds no?

You could just sell it as gold.. lots of dodgy gold businesses around the hatton garden area of London.

originally posted by: Misterlondon

originally posted by: worldstarcountry
a reply to: Misterlondon

Dude, look how less than excited they appear. I know damn well they stashed away some of it and this was likely recreation to throw off the authorities. There are no serial numbers or markings on it, so its doubtful Kuwait or Iraq will be able to lay claim. Chances are they will get most of it back, and only pay taxes on what was reported

Untraceable gold bullion..? i wouldn't have been paying any tax on it. That's for sure..

Actually reporting it is probably the smart move. Would be difficult to sell that much without attracting the attention of the HMRC.

Selling off market would get a much lower price and still leave the problem of what to do with the money.

That said if a few bars were miscounted and stored away for a rainy day...

a reply to: worldstarcountry

i intended to do a thread on this - but got disatracted

heres a slightly different angle on this :

we in the UK keep having discussiions about " border control " and " border security "

now with these 2 thoughts in mind - re-read the OP source article

someone should inform " the daily fail " - LOLZ

a reply to: worldstarcountry

First - I wish these folks all the best with their haul. Dreams come true country!

Second - the Kitco article is dated 18th April. At 1.47 on the video the young lady says "Come on...I've got Christmas presents to wrap". So the video is probably old.

Third - the source is a metal dealing company.

Fourth - do people really buy used tanks on eBay for $38,000!? Not cynical just curious!

I reckon theres a novel in this story!

a reply to: Doxanoxa

Having attended a Tanks-a-Lot "Full Monty" Day I can confirm that they do indeed buy and sell .

www.tanks-alot.co.uk...

www.tanks-alot.co.uk...

It was a while ago but when I went there were various Tanks/Trucks awaiting restoration .

They also rent them out for Film/TV and Advertising .

Cracking bunch of Lads so I do hope theres gold at the end of this particular rainbow .

And yes , I did get to sit on top of the Tank to crush a car

www.tanks-alot.co.uk...

Why did they phone 999?

a reply to: Cymru

I nwver thought. Of course its obvious now, props and stuff.

I know 'memorabilia' is big, I have a friend who has a WW2 messengers motor bike.

As I say its the stuff or dreams!

a reply to: Doxanoxa

I know in America, there are dozens or more citizens around the country who own lots of decommissioned and restored tanks. These things have to be de-militarized by law in order to get into private ownership. Tanks, artillery, and even fighter jets re occasionally sold through ebay and other venues for private ownership. The primary requisite is that they be de-militarized.

This story has taught me that this is also allowed in the UK, which I was unaware of.
From their website:

Tanks Alot

We operate over 95 tanks on our challenging off road tank driving course and we are firmly established as the UK's major specialists in corporate tanks driving, corporate events and fun days. Our very experienced staff ensures that everyone has an unforgettable driving experience at TANKS-A-LOT.

Looking for a Tank Hearse!!
Tanks alot would be very interested in discusing your funeral needs. We have had interest from Channel 5 who is looking to contribute towards the cost in exchange for filming at the funeral
If you are interested and wish to make an unforgetable day give us a call.

Imagine the thrill of driving a 56 ton tank over a car, trying to beat the SAS woodland patrol challenge, firing a 18th century musket and mortar, or "swimming" an amphibious truck?

That’s just a few of the activities offered by corporate action activity specialists TANKS-A-LOT. As well as Tank driving gift Vouchers, we can tailor events to suit private small groups, Stag, Hen or Children's parties, or full on military themed corporate days from 10 people to over a 100.

They even have several armored vehicles for sale right now. Cool stuff.

You know I didn't find it....Cause there is video evidence....

Wouldn't be a peep of this if I found it....

originally posted by: Doxanoxa
a reply to: worldstarcountry


Second - on the video the young lady says "Come on...I've got Christmas presents to wrap". So the video is probably old.

!

This could be just an expression we use in the uk, when something takes a long time..

a reply to: Misterlondon

I buy that, though I've never heard it used out of context and I'm a local! It is rather good though 😊

Only five bars found? Seems fishy to me.

Me: "A hundred bars of gold! How many do you think we
can claim to have found and still get away with the rest?"

Friend: "Half?"

Me: "Okay. We found five bars."

Friend: "You did pawn my lawnmower, didn't you?"