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MILLIONS' WORTH OF DIAMONDS HIDDEN

Fabulous wealth,-fit to grace Aladdin's Cave, was driven through spe-cially-cleared London streets recently to a street hiding place outride the capital. The treasure consisted of eight trunks of diamonds brought by ship and 'plane from Amsterdam and Paris, whence, the dealers sent stones before the German entr3% Experts believe that the Germans secured only £1, worth in Amsterdam and £500,000 worth in Paris. The market value of diamonds, compared with pre-war prices, has risen sometimes 200 per cent., because they are now an international security as solid as gold. Polish and Czech refugees who have smuggled out diamonds, sometimes in the linings of their coats, have sold them profitably. It is believed that £24,.000,000 worth of diamonds have changed hands since the Avar started but there' is a shortage of industrial diamonds because of the lack of cutters. There are only a few hundred in the world now, compared with the 16,000 who used to be in Amsterdam of whom only 70 escaped.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/BPB19400906.2.7

Bibliographic details
Ngā taipitopito pukapuka

Bay of Plenty Beacon, Volume 3, Issue 209, 6 September 1940, Page 2

Word count
Tapeke kupu
168

MILLIONS' WORTH OF DIAMONDS HIDDEN Bay of Plenty Beacon, Volume 3, Issue 209, 6 September 1940, Page 2

MILLIONS' WORTH OF DIAMONDS HIDDEN Bay of Plenty Beacon, Volume 3, Issue 209, 6 September 1940, Page 2

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