To: IngotWeTrust who wrote (43333 ) 10/19/1999 8:12:00 AM From: IngotWeTrust Read Replies (2) | Respond to of 116753
[World's largest collection of gold bars to come to London] GOLD, GOLD, GOLD! Glittering display at Bank of England Museum LONDON: - One of the largest exhibitions of gold and its uses to be seen in Britain will arrive in London next month and will be displayed at the Bank of England Museum until May. It will include the largest collection of gold bars from around the world in addition to samples of modern high caratage gold jewellery and examples of gold's uses in industrial applications. This will be the first time that the International Gold Bars collection has been brought to London. It is owned by N M Rothschild & Sons and its display at the Bank of England Museum is being sponsored by the World Gold Council and NM Rothschild, as part of an exhibition to mark the role and importance of London and the Bank of England to the international gold market. Gold has for centuries been a glittering sign of wealth and it has been the means of preserving that wealth, especially during times of economic adversity and political uncertainty or in periods of war and natural disasters. In many parts of the world gold is still held in high esteem as a continuing store of value and has as relevant a role today as it did a thousand years ago. The International Gold Bars collection is the largest and the most comprehensive in the world, and consists of more than 500 gold bars in a wide variety of shapes and sizes which tell the story of gold and its role over the centuries. This unique collection, which is worth over a million dollars, will be the central feature of a special exhibition illustrating the continuing relevance of gold in the modern world. A gold bar is defined as any gold item, regardless of shape, which records the name of the manufacturer, the precise weight and the precise purity. It is usually sold at a low premium above the gold market price. The exhibition traces the evolution of the technology of gold bars manufacturing from the small 'tezabi' bars of Pakistan, which have been manufactured in the same way for thousands of years, to the world's first 'hologram' bars pioneered by bar makers in Switzerland. Others like the Vietnamese 'gold leaf' bars helped the boat people to carry some of their wealth with them as they fled the ravages of war in more recent times. Visitors will see the remarkable diversity of the gold bars made by more than 90 different companies in 28 countries. They range from the 400 oz (12.5 kg) London Good Delivery bar to the smallest minted bars weighing just 0.3 of a gramme, with others in tolas, taels, ounces, grammes and bahts. Visitors to the exhibition, will also have the opportunity of taking away samples of gold-bearing ore from the world's deepest gold mine (3.7 kms), the Western Deep Levels mine in South Africa. - Ends - Notes to editors The World Gold Council is an international organisation formed and funded by leading gold mining companies from around the world to increase the demand for gold. The owner and custodian of the International Gold Bars Exhibition is N M Rothschild & Sons Limited, which was established in London in 1804 and since 1919 its representative has chaired the daily London Gold Fixings. The Gold Bars collection is administered by N M Rothschild & Sons (Australia) Limited and the curator of the collection is Grendon International Research Pty. Ltd., of Australia, who are the world's leading authority on gold bars and publish the standard industry reference book, 'The Industry Catalogue of Gold Bars Worldwide'. The International Gold Bars exhibition in the City of London is also being supported by the London Bullion Market Association and more than 100 gold industry entities worldwide, which include Brinks (high security gold transport), Johnson Matthey (gold refiners) and Anglogold (leading gold miners). Pictures of various types of bars are available from Bankside Consultants. Contacts and related links: John Keyworth, Curator, Bank of England Museum Tel. + 44 (0) 171 601 4387 museum@bankofengland.co.uk Deborah Fowler, Bank of England Tel. + 44 (0) 171 601 4411 Keith Irons, Bankside Consultants London Tel. + 44 (0) 171 220 7477 E-mail: keith.bankside@dial.pipex.com Nigel Desebrock, Grendon International Pty. Limited Australia +61 8 9319 2171 The Bank of England bankofengland.co.uk bankofengland.co.uk