On March 22, 1945, General Patton's Third Army charged through the Rhine, making a beeline for the heart of Germany. They swept northeast, breaking through the Soviet Zone, eyes set on Gotha. But fate had other plans, diverting them unexpectedly to Merkers.
A few weeks later, the 358th Infantry Regiment's Third Battalion seized the village, unknowingly stumbling upon a revelation. Whispers circulated about hidden Reichsbank gold in the Kaiseroda potassium mine.
On April 5, rumors from displaced Germans reached the intelligence units. The race was on as troops ventured into the mine's depths. Behind a closed vault lay what possibly was the most splendid treasure ever amassed. The war was coming to an end, but the dark truth about the riches hidden in the deep mine were just coming out into the light…
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On March 22, 1945, General Patton's
Third Army charged through the Rhine, making a beeline for the heart of Germany. They
swept northeast, breaking through the Soviet Zone, eyes set on Gotha. But fate had other plans,
diverting them unexpectedly to Merkers. A few weeks later, the 358th Infantry
Regiment's Third Battalion seized the village, unknowingly stumbling upon a
revelation. Whispers circulated about hidden Reichsbank gold in the Kaiseroda potassium mine.
On April 5, rumors from displ
aced Germans reached the intelligence units. The race was on as troops
ventured into the mine's depths. Behind a closed vault lay what possibly was the most splendid
treasure ever amassed. The war was coming to an end, but the dark truth about the riches hidden in
the deep mine were just coming out into the light… With Allied bombings rattling Berlin, a pivotal
decision was made to safeguard the wealth of the German Reichsbank. Facing the imminent threat,
a clandestine operation unfolded to
transfer vast portions of gold and currency reserves
to the Kaiseroda potassium mine in Merkers. On February 11, a convoy of railcars transported
a staggering billion Reichsmarks, gold reserves, and a significant cache of foreign currency
to the depths of Merkers, finding refuge in a specially designated vault known as Room No. 8.
Simultaneously, in an intricate web of movements, currency, and personnel were dispatched to the
Reichsbank branch in Erfurt. The SS Office for Economy and Admini
stration, notorious for
overseeing concentration camps, added to the surreal drama by channeling seized loot—gold
jewelry, securities, foreign currency—from the camps to the Reichsbank for safekeeping.
In March 1945, under the watchful eye of Albert Thoms, head of the Reichsbank's Precious
Metals Department, the SS loot arrived at Merkers. Gold and silver bars, along with a trove of
treasures stashed in suitcases and trunks, found sanctuary in Room No. 8.
The Reichsminister for Education, fo
reseeing the storm, ordered the evacuation of
art treasures to mines in March. Dr. Paul Ortwin Rave was entrusted with overseeing the relocation
of one-fourth of the major holdings of fourteen principal Prussian state museums to Merkers.
As the Third Army closed in on Merkers, desperate attempts were made to move the
reserves, including artworks, back to Berlin. Hindered by the relentless American advance and
logistical chaos caused by the Easter holidays, the efforts proved futile. By April
2, the focus shifted to Reichsmarks, and on April 4, a group of bank officials
rushed to Merkers to retrieve the currency. With the imminent arrival of American forces,
chaos ensued. German officials, assisted by Polish workers, attempted a hasty retreat
with the currency, but the advancing Americans interrupted their efforts. Fearing capture,
some officials fled, setting documents ablaze, while others desperately tried to reverse
the flow of currency back into the mine. In early 1945, Li
eutenant General George
Patton's Third Army breached the Rhine and advanced into the heart of Germany.
On April 4, the Third Battalion of the 358th Infantry Regiment, Ninetieth Infantry
Division, claimed Merkers, setting the stage for an extraordinary discovery. Whispers
circulating among displaced persons hinted at the relocation of the German Reichsbank gold to
the Kaiseroda potassium mine in Merkers. However, it was not until April 5 that credible
information emerged when some French peo
ple with firsthand knowledge disclosed the mine's
hidden treasures to the G-2 intelligence section. Swift action ensued, with Lieutenant Colonel
William A. Russell verifying the claims and deploying military units to secure the mine's
entrances. Major General Herbert L. Earnest, grasping the gravity of the revelation, ordered
reinforcements from the 357th Infantry Regiment. However, caution prevailed, as General
Manton S. Eddy, in contact with Patton, advised against confirming the gold's
capture until definitive verification. Unraveling the historical tapestry, the
strategic dispersion of the Reichsbank's assets, a response to Allied bombings menacing
Berlin, comes to light. In February 1945, President Walter Funk orchestrated the
transfer of gold reserves valued at 238 million dollars to the Merkers mine
for safekeeping, shielding Germany's financial lifeline from the ravages of war.
If validated, the capture of the German gold reserves in Merkers bore immense strategic
si
gnificance, potentially dealing a decisive blow to Germany's capacity to procure vital
war materials and hastening the war's end. On April 7, 1945, military personnel interrogated
civilians to unveil the hidden storage of Reich property in the Merkers mine. Simultaneously, new
entrances were discovered in Leimbach, Ransbach, and Springen, swiftly guarded by stationed
forces, including tanks from the First Battalion of the 357th Infantry Regiment.
By 10:00am on April 8, a diverse group, inclu
ding Russell, Signal Corps photographers,
Rave, and German mining officials, descended 2,100 feet into the Merkers mine. They found
550 bags of Reichsmarks in the main haulage way. Progressing further, they encountered the main
vault, sealed by a three-foot-thick brick wall and an imposing steel door. Attempts to open
it failed, but confirmation came that gold lay behind it. General Eddy was notified, and
Patton ordered the vault door to be blown. At 5:00pm, most of the 357th Infantry Regim
ent
moved out, but the First Battalion continued guarding the mine entrances. On April 8, a
group, including General Eddy and Russell, entered the mine. Engineers used dynamite
to breach the vault, revealing Room No. 8, which was filled with a staggering treasure trove:
8,198 bars of gold bullion, assorted gold items, various currencies, silver bars, and more. The
enormity of the discovery prompted General Eddy to countermand the withdrawal order, directing
the 357th Infantry Regiment to s
ecure the mine. As the treasure review continued, artworks
were found in other tunnels, drawing Museums, Fine Arts, and Archives officers. News of the gold
discovery reached Patton, who urgently contacted General Bradley, seeking intervention from
Supreme Headquarters, Allied Expeditionary Force, recognizing the political implications
of the find becoming public knowledge. As the deputy chief of the Financial Branch, G-5 Division of Supreme Headquarters
Allied Expeditionary Force, SHAEF, Co
l Bernard Bernstein's journey commenced with
a headline in the New York Herald Tribune. His concern about the authenticity of reports led
to a pivotal exchange with Colonel Barrett of the Third Army and subsequently with Brigadier
General McSherry at the advance headquarters in Rheims. In short order, General Eisenhower
entrusted Bernstein with the reins of command. Navigating challenges in communication with
personnel on the ground, Bernstein faced initial uncertainty about the treasure's
contents.
Coordinating with Barrett and on-site operatives, it was eventually confirmed that the mine harbored
over a hundred tons of gold, foreign currency, Reichsmarks, and priceless paintings.
Eisenhower's directive tasked Bernstein with securing the treasure's transfer to a
more fortified location. General Crawford's instructions outlined Bernstein's responsibilities
and restricted access to the mine. Teamed with Lieutenant Colonel Carl L. Morris,
Bernstein orchestrated the movement of
the treasure, opting for the Reichsbank building
in Frankfurt after a thorough inspection. Collaborating with local officers, they
meticulously planned the takeover and relocation. Visits to potential storage sites culminated
in the selection of the Reichsbank building. General McSherry requisitioned the site,
engineers prepared it for secure storage, and Bernstein and Barrett finalized plans.
On April 10, Bernstein explored the Merkers mine, gathering information from officials. A subsequen
t
meeting with General Patton affirmed support for Eisenhower's responsibility. The saga extended
with MFAA officers Stout and Webb handling art treasures while Morris ensured the secure
transfer of this unprecedented wealth. On April 11, 1945, a pivotal chapter unfolded
as Colonel Bernard Bernstein received a crucial directive. The message instructed him to ensure
the readiness of a mine's main entrance by 9:00am the next morning—General George S. Patton was
set to pay a visit. Bernstein
diligently prepared the mine and its equipment, even arranging for
German civilians to be available for questioning. As the clock struck the appointed hour,
anticipation filled the air. However, Patton was still at his headquarters, engaged in cordial
greetings with Generals Dwight D. Eisenhower and Omar Bradley. The trio eventually flew to
Merkers, arriving at the mine around 10:30am. Descending into the depths via an elevator,
Bernstein and Patton, displaying a hint of nervous humor, voic
ed concerns about the safety
of the operation. Their destination was Room No. 8. Eisenhower, witnessing the spoils of
war, was visibly moved by flattened gold and silver items stripped from European homes.
Amidst suitcases filled with jewelry acquired through dubious means, plans were devised
to inventory and transport the treasures to Frankfurt. Bernstein disclosed that some of
the items bore a sinister origin, having been plundered from concentration camp victims. The
generals, including
Brigadier General Otto P. Weyland, endorsed the decision to move the items.
The tour unfolded to reveal not only art but also plates used in printing Reichsmark currency
and the currency itself. A German official claimed the currency was destined for
the German army, but Bradley expressed: (QUOTE) "I doubt the German Army will be meeting
payrolls much longer." The inspection concluded with Bradley teasing Patton: (QUOTE) "If these
were the old free-booting days when a soldier kept his loot y
ou'd be the richest man in the world."
Following the tour, discussions among Bradley, Eisenhower, and Patton delved into the discovery
of gold. Patton, initially inclined toward secrecy, faced questions from Bradley about the
necessity of such measures. The conversation turned reflective as they pondered the fate of the
gold—whether to distribute it among soldiers or reserve it for post-war weapon procurement.
As the night unfolded, the gravity of the era intensified with the untimely news of
President Franklin D. Roosevelt's passing. 6 Post-tour, Bernstein conducted interviews,
unraveling the intricate web of German policy that led to the storage of files
and treasures in mines and tunnels. In the midst of April, Morris orchestrated
the transfer of a significant trove of art and treasures. Collaborating with
military brass, including Colonel Perry, the transportation officer, and the deputy
chief of engineers, Morris meticulously planned personnel deployment and security meas
ures.
Facing challenges inspecting art in the Ransbach mine due to a malfunctioning elevator,
MFAA Officer Stout returned to Merkers, where he discovered loose artwork amidst
crated items. Recognizing the urgency of proper packing, Stout diligently prepared
the Ransbach art for the impending move. On April 12, a Frankfurt team descended to assist.
Tasks were assigned, including overseeing money container markings, analyzing testimonies
for additional deposits, and inspecting the mine's dept
hs. Simultaneously, four teams
commenced the inventory of the mine's contents. The actual move unfolded on April 15, as
thirty-two trucks, forming Task Force Whitney, departed Merkers for Frankfurt, under Colonel
Walker's vigilant eye. Escorted by infantry and military police, the convoy began a meticulous
unloading process supervised by Bernstein. Concurrently, preparations for art transportation unfolded. Loading commenced on April
16. Bernstein, wary of hidden assets, proposed a post-mov
e plan to search for Nazi gold.
The art convoy, now named Task Force Hansen, departed for Frankfurt, guided by Stout and
Captain Dunn. The unloading and storing of artwork were completed that day, signifying the
successful relocation of both treasure and art. The Allied forces stumbled upon a trove;
a cache of gold, silver, and currency, appraised at a staggering 520 million
dollars, was laid bare before astonished American soldiers. This unprecedented discovery,
however, would not only unr
avel tales of immense wealth but also cast a haunting shadow of
potential war crimes committed by the SS. A set of meticulous account books from
Thoms's Precious Metals Department, outlining the Reichsbank's gold holdings,
became a crucial piece of the puzzle. Bernstein, recognizing the gravity of the situation,
urgently communicated the need for a sweeping reconnaissance to locate hidden German assets
scattered across mines and secret enclaves. Undeterred by challenges and a lack of suppor
t,
Bernstein spearheaded a daring mission covering nineteen hundred miles, meticulously checking
Reichsbanks throughout American-occupied Germany. The meager initial recovery of 3 million
dollars worth of Reichsbank gold was soon eclipsed by subsequent efforts in May and June,
yielding an additional 11 million. Remarkably, by the mission's end, a staggering 98.6 percent
of the 255.96 million dollars in gold listed on the Precious Metals Department's
closing balances had been recovered. In
mid-August, experts from the US Treasury
Department and the Bank of England meticulously evaluated the captured treasure—gold, gold coins,
silver bars, and platinum—ultimately appraising it at a monumental 262.2 million dollars. As the
summer of 1945 unfolded, Allied currencies were repatriated, and the arduous process of returning
artworks to their rightful owners commenced. The gold unearthed at Merkers took on a special
significance. Entrusted to the Tripartite Commission for the Restitu
tion of Monetary Gold,
it was destined for redistribution among countries whose central-bank gold had been pilfered by
the Nazis. However, the machinations of the Cold War delayed the full restitution until 1996.
Determining the value of SS loot found at Merkers proved to be a moral quandary. Non-monetary
gold, extracted from victims of Nazi persecution, found its way to the International Restitution
Organization. Bernstein's exhaustive reports became instrumental in the Nuremberg trials,
w
here Walter Funk was held accountable.
Comments
The containers of gold teeth hit me.
My grandfather was in that crowd somewhere. He started serving under Patton in Africa. Went from there to eventually walking into Germany.
"I have orders. This bank isn't to fall into the hands of the American army." "Sergeant, this bank's not gonna fall into the hands of the American army. It's gonna fall in our hands."
The work by U.S. Army Signal Corps to capture film records of these events is (1) priceless, and (2) probably unprecedented. How many times have towns, cities and even countries been sacked with no record kept? Abuses happened, but this is a singular example of accountability.
This video reminds me of the movie Kelly's Heroes
That treasure (minus the artwork) was $8.7 billion USD today.
This is probably the part of the movie The Monuments Men that we didn't get to see. I like to watch movies that are based on true story
So, the gold was never in a Sub. Finally released information. Thank you. I don’t need to dive down to the subs any more.
Well well well! Every story I’ve ever heard on all this gold states never was found. But we the USA I think have all those wedding rings. That photo/video was chilling. It must have been hard to try and reunite said artwork etc.. to the rightful owners. Which I believe is still going on. Great video Doc
Excellent as usually
🎵🎶All the burning bridges that have fallen after me All the lonely feelings and the burning memories Everyone I left behind each time I closed the door Burning bridges lost forevermore
The Monuments Men
SO HOW MUCH WENT MISSING 🤔 WE WONDER.😮😢
Could you please turn down the background music. It’s far too loud and distracting.
The Bank of England kept the treasure for only 50 years. Meanwhile, they doubled it's value five times or more and kept the interest, no doubt.
WITH THE VICTORS OF WAR COME THE TREASURES OF WAR
And some of that gold was from human teeth that was taken from the alleged concentration camps . But they were actually death camps
there is no lost gold train but it's fun to fantasize about. waiting in a forgotten tunnel somewhere that doesn't exist
Thanks. ✌🏻👊🏼
Clint Eastwood,Donald Sutherland,Telly Sevalis,and Don Wrickles from "Kellys Heroes" were there too