£34million hoard of silver coins sent to the bottom of the sea by the Nazis is discovered

A hoard of silver coins worth £34million that was sunk by the Nazis on board a steamship has been salvaged by a British-led team at a record depth of 5,150m (17,000ft).

The SS City of Cairo was travelling from Bombay to England in 1942 when it was torpedoed by a U-boat 480 miles south of St Helena, taking 100 tons of rupees with it to the bottom of the ocean.

It was long assumed that the vessel’s cargo, belonging to the UK Treasury, would be lost forever such was the complexity of the task facing salvage experts.

  • Stronger than Dirt

    Let me guess .. Milliband and the other ne’er do-wells will be lying in wait for it to come ashore.

    • Drunk_by_Noon

      You know how many Gypsy and Muslim votes he could buy with that money?
      Why, that could put him over the top!

  • David Murrell

    I used to be a coin collector way back when, and looking at that picture, there will have to be a lot of coin cleaning to get these coins up to snuff. Most likely they will sell the coins as bulk silver. Still, a good treasure haul here. One wonders if the greedy British government will lay claim to it all. Foggy on the law here.

    • tom_billesley

      It was recovered in 2013 and melted down. Proceeds shared between UK Treasury (cargo owners) and the salvage company.