Construction Crew Uncovers $10M Gold Hoard

Construction Crew Uncovers $10M Gold Hoard

Newser business

Key Points:

  • Construction workers in Dendermonde, Belgium, discovered a $10 million stash of gold bars and coins while installing new sewer pipes during a building renovation.
  • The treasure, consisting of 49 gold bars and a bucket of coins, was found sealed in cellar walls of an old brewery owned by a local charity and is now secured in a federal vault.
  • Authorities are investigating the origin and legal ownership of the gold, warning treasure hunters to avoid the site due to dangerous conditions.
  • Under Belgian law, if no rightful owner claims the gold within five years and it is not linked to criminal activity, the finders and property owners will share the treasure.
  • The charity owning the building hopes to use any proceeds from the gold to expand homeless shelter services, with police expressing hope that the treasure will positively impact many lives.

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