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British collector finds $2.5 million in gold inside Iraq tank’s gas tank

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The reason why there is no gold in this picture is that the tank owner called the police who came round to collect the found gold. (Photo: The Sun)

Nick Mead traded two vehicles worth $37K for an Iraqi tank from the old Saddam days and while restoring it found five gold bars hidden inside the metal monster.

Mead runs Tanks A Lot, a service in Northamptonshire that owns some 150 vintage military vehicles that they rent out for film and “promotional publicity stunts, from garden parties, demonstrations, fates, shows and practical jokes.” As reported by The Sun, Mead swapped an old British Army lorry and an Abbot self-propelled gun worth £30,000 with an individual who was selling the Iraqi tank on eBay. Then, while stripping it down stumbled across five bars of bullion (and not the type you make soup with) inside the vehicle’s fuel tank.

The collector thinks the gold could have been looted by Saddam’s troops in Kuwait in 1990 then the tank, a Chinese-made Type 69 (itself based on the Soviet T-54), was later captured by British forces and shipped back to the UK before it could be offloaded by the Iraqi version of Sgt. Oddball.

“They must have cut a hole in the fuel tank and rammed it full of gold bars,” said Mead, who turned the bars over to police. “Even if I don’t get any of the gold back I will still have my beautiful tank.”

In 1991, Iraq returned 3,216 gold bars stolen by Saddam’s troops during the seven-month occupation of Kuwait. The emirate is still trying to locate more than 400 artifacts, many priceless, stolen from the Kuwait National Museum.

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