Sept 15, 1939 How did Poland’s gold end up in the Bank of England’s vaults?

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Published : September 15th, 2013
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Category : History of Gold

 

 

 

 

According to 1939 BIS accounts Poland had US$ 83 million of gold reserves, this works out at around 83 tons, however reports argue there were 75 tons. It may be that some gold was left in Romania (and later found by the Nazis) as the reserves made their way to Britain.

The fact that 75 tonnes left Poland is in part thanks to an English Captain that Poland’s gold reserves escaped the clutches of the Nazis.  It is recorded in various sources that Captain Robert E. Brett’s ship, the SS Eocene, was in the Black sea on September 1st 1939. Having travelled by bus, truck and train across Eastern,the gold was now Captain Brett’s responsibility.

It was at the port of Constansa that he was met by the British Counsul who told him of the British Government and Polish authorities’ plan for Poland’s gold. Captain Brett’s ship was instructed to transport the 75 tons of gold to Istanbul where it would continue its journey to safety.

On the 15th of September the gold was secretly loaded onto SS Eocene. In an effort to avoid attracting the Nazi’s attention, Captain Brett darkened ship that evening and slipped out of the harbour. The BBC reports that Captain Brett and his precious cargo arrived in Istanbul on the 19th September.

From here the Turkish authorities arranged to have it moved on to French carriers in Beirut. It is my understanding that the gold was then stored in the Banque de France for some time before being transported to the Bank of England.


Source : Jan Skoyles

 

 

Data and Statistics for these countries : France | Poland | Romania | All
Gold and Silver Prices for these countries : France | Poland | Romania | All
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