Bank Vault facts
While investigating facts about Bank Vault Crossword and Bank Vault Door, I found out little known, but curios details like:
In 1836, a sewer worker accidentally discovered an old drain which ran directly into the Bank of England's gold vault. He wrote letters to the directors of the bank and requested a meeting inside the vault at an hour of their choosing - and popped out of the floor to greet them
how bank vaults are made?
An elderly man gained the trust of a Belgian bank by bringing the workers chocolates. He was eventually given VIP access to the bank vault. In 2007, he stole $28 million worth of diamonds and vanished.
What is a bank vault?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what are bank vaults made of. Here are 34 of the best facts about Bank Vaults Crossword Clue and Bank Vault Door For Sale I managed to collect.
what does a bank vault look like?
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In 2005 a gang of thieves rented a house posing as an astroturf company so they could rob a nearby bank. It took them 3 months of tunneling 80 meters underground for two blocks before they reached the vault. They walked off with 20,000lbs of cash worth $65 million.
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Italy’s Credem Bank takes parmesan cheese from local producers in exchange for cheap loans (charging 3-5% interest, depending on quality) & a fee ensuring the cheese matures properly (2yrs) in the bank vault (cheese is sold if the loan defaults). 430,000 parmesan wheels ($200M+) are stored there
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In 2014 a Swiss Bank Deposit Vault filled with hundreds of Swiss Coins was sold. It has been described as "the perfect gift for a real life Scrooge McDuck"
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It takes a 10-person team to unlock the 22-ton bank vault at Fort Knox - still the most impenetrable vault in the world. Roughly 3% of all the gold ever refined in human history is stored there.
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There is a bank in northen Italy that still accepts parmesan cheese as collatarel for loans, they have a inventory with over 17,000 tons of parmesan, valued over $200 million. Their vaults has been robbed 3 times. The name is Bank Credito Emiliano.
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Several Mosler Safe Company vaults were installed in Hiroshima's Mitsui Bank building prior to WWII. After surviving the nuclear attack on the island, the company became renowned for the strength of the vaults and would be the gold standard for blast doors during the Cold War.
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The Bank of England only owns two of the ~400,000 gold bars in its vaults.
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The Grandpa Gang, a group of senior citizens who broke into a formerly impregnable bank vault in England and made off with over $20 million.
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Henry Ford gave his son Edsel $1 million for his 21st birthday- the equivalent of $24,652,400 today. He gave him the amount in gold bullion, which he took him to the bank vault to see.
Why are bank vault doors round?
You can easily fact check it by examining the linked well-known sources.
The Federal Reserve Bank in Cleveland has the world's largest bank vault door (91 tons) and the largest hinge ever built (43 tons)
Jacques Lowe who was a photographer for us President John F. Kennedy. he was his official photographer during his election campaign and presidency. he had 40,000 negatives in a fireproof vault at Morgan/Chase Bank in New York’s WTC, only to have it all destroyed on 9/11 - source
Most bank vaults are made of concrete, not metal, and even the metal door is usually just a thin jacket of metal over concrete. - source
Early 20th century bank vaults are essentially impossible to destroy so new tenants of bank buildings have to repurpose them
There's a vault deep inside a mountain, between mainland Norway and the North Pole, that holds copies of the worlds seeds in case something happens to the smaller, worldwide seed banks. - source
When was the bank vault made?
The track and platform at Bank Underground Station bends so as to avoid the vaults of the Bank of England
How bank vaults?
Albert Einstein's ophthalmologist took his eyeballs after his autopsy. They remain to this day floating in a jar in a bank vault in New Jersey.
The banks can create money out of thin air when issuing loans. It doesn't matter how much money they have in their vault. All they need to is to deposit 1-3% with the Central Banks. It is referred to as the bank money.
The Central State Museum of Kazakhstan has a replica of the costume worn by the Golden Man, a warrior from the 5th century BC and a main symbol of independence. The original is made of more than 4,000 pieces of gold and is said to be kept in a vault in the National Bank of Kazakhstan in Almaty
Prince has a bank vault of unreleased music in his basement
The Svalbard Global Seed Vault is a secure seed bank on the Norwegian island of Spitsbergen. Funded entirely by the Norwegian government, the vault is meant to insure against the loss of seeds during large-scale regional or global crises. ~1.5M distinct seed samples are said to be stored there.