Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (2024)

  • Swiss activist group selling the vault after they used it for campaign stunt
  • They filled it with a five centime coin for each person in Switzerland
  • Then they dumped the cash in front of the Swiss parliament building
  • Idea was to raise awareness of campaign for basic monthly income
  • Activists hope the cash raised will help them take their campaign worldwide

By Daily Mail Reporter

Published: | Updated:

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This genuine sale is perfect for anyone wanting to recreate Scrooge McDuck's cartoon money swimming pool.

An activist group is selling genuine vault from a Swiss bank complete with eight million coins worth £270,000

The safe is currently located in Basel, Switzerland, but the sellers say it can be removed and replaced anywhere in the world.

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Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (1)

Loadsamoney: This bank vault carpeted with £270,000-worth of Swiss five centime coins is up for sale

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (2)

Mobile: The safe is in Basel, Switzerland, but the sellers say it can be transported anywhere in the world

It was built in 1912 and features 1619 deposit boxes with all keys available. The boxes and lockers were handmade from steel and brass.

The vault is being sold by the Generation Basic Income Initiative, who campaign for a basic income for each Swiss citizen on a monthly basis.

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In October they placed eight million five-centime pieces into the bank vault, one for each citizen in Switzerland before dumping the 15 tons of money in front of the parliament building in Bern.

Now the vault and its contents are up for sale with the price negotiable on application.

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (7)

Message: Two activists from the Generation Basic Income Initiative, the group selling the bank vault

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (8)

Stunt: In October they placed eight million five-centime pieces into the bank vault, one for each citizen in Switzerland before dumping the 15 tons of money in front of the parliament building in Bern

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (9)

Swimming in cash: Now the vault and its contents are up for sale with the price negotiable on application

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (10)

Fully kitted out: The vault was built in 1912 for the Schweizer Volksbank and features 1619 deposit boxes with all keys available. The boxes and lockers were handmade from steel and brass

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (11)

Empty: The vault before it was filled with cash for the campaigners stunt last month

Spokesman Che Wagner says: 'It is the original bank safe from the former Schweizer Volksbank and known to be one of the finest Swiss piece of craftwork in the early 20th Century.

'It is in very good shape and still usable as a bank deposit safe. It will be removed from its original location and be replaced anywhere in the world. You'll freely decide what happens with it.

'This is not just an investment in a historical, exclusive and certainly unique object but also an investment in a global cultural impulse.'

The Generation Basic Income Initiative aims for the government to give a minimum monthly disposal household income of CHF 2,500 (£1,690; $2,700) to every citizen living in Switzerland.

As well as dumping the cash in front of the Swiss parliament last month, the group also presented MPs with a 130,000-signature petition urging them to introduce the radical measure.

The Swiss Parliament must address or hold a referendum over any issue which has gathered more than 100,000 signatures.

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (12)

Duck Tales: The sale is perfect for anyone wanting to recreate Scrooge McDuck's money swimming pool

Activists hope the sale of the vault will help them to raise the funds to take their campaign worldwide.

Mr Wager explained: 'The budget of our Generation Basic Income global cultural campaign is estimated at €10m; the amount we'll need to move on with our work to promote the idea of the basic income worldwide and especially in Switzerland, where within three years a national vote is held about the issue.

'This amount will set free possibilities of performances like the one with the coins on the national Square in Bern.'

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (2024)

FAQs

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k? ›

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k. The safe is currently located in Basel, Switzerland, but the sellers say it can be removed and replaced anywhere in the world.

What is the net worth of Swiss Bank? ›

Starting from a value of 1.74 trillion U.S. dollars in 2002, the total assets of Swiss banking corporations peaked at a value of 3.14 trillion U.S. dollars in 2021. In 2022, bank assets decreased slightly, amounting to 3.04 trillion U.S. dollars.

Which country has the highest money in Swiss Bank? ›

While the UK topped the charts for foreign clients' money in Swiss banks at CHF 309 billion, it was followed by the US (CHF 133 billion) at the second spot — the only two countries with 100-billion-plus client funds.

Why do billionaires keep their money in Swiss banks? ›

Back then, Swiss banks were the most secure financial institutions as far as information secrecy is concerned. Millionaires, billionaires, oligarchs, and large corporations kept their money in Swiss banks and never worried about their capital's safety. Nobody could get hold of the money kept in a Swiss bank.

Why do millionaires put their money in Swiss banks? ›

Swiss banks are known for their strong privacy laws and financial stability, making them a popular choice for wealthy individuals seeking to safeguard their assets. Privacy and Confidentiality: Swiss banking laws have traditionally provided a high level of confidentiality to their clients.

How much money do you need to open a Swiss bank account? ›

The minimum balance for Swiss bank accounts depends on the account type and can vary from free of charge up to millions of dollars. Generally, Swiss banks may require you to deposit at least 10,000 CHF ( $9,000 or EUR 6,800) within a month of opening your account.

Why Switzerland is the richest in the world? ›

First of all, the country's neutrality in major wars and conflicts means it hasn't suffered some of the economic devastations that many of its European neighbors have endured. Secondly, a stable democratic system and efficient work ethic have enabled the country to weather political and economic issues.

Which bank is worth the most in the world? ›

By market capitalization
RankBank nameMarket cap (US$ billion)
1JPMorgan Chase491.76
2Bank of America266.45
3Industrial and Commercial Bank of China219.45
4Wells Fargo178.74
6 more rows

Who owns the Swiss Bank? ›

Swiss National Bank
Headquarters on the Bundesplatz in Bern
OwnershipMixed ownership. Around 78% owned by Swiss public entities, the rest are publicly traded in SIX.
ChairmanThomas Jordan
Central bank ofSwitzerland
CurrencySwiss franc CHF (ISO 4217)
5 more rows

Who owns the one Swiss bank? ›

Shareholders
NameEquitiesValuation
BANCA PROFILO S.P.A. 63.23 %9,856,00138 M CHF
Pierre Sigg 6.824 %1,063,6444 M CHF
Karel Gaultier 5.112 %796,7453 M CHF
Humsion Ltd. 5.112 %796,7453 M CHF
4 more rows

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