Revealing the golden

The public can now admire the gold vaults and banknotes inside the famous Bank of England, of course indirectly, through a new virtual world travel application.

The public can now admire the gold vaults and banknotes inside the famous Bank of England, of course indirectly, through a new virtual world travel application.

The highlight of this virtual tour is the "Central" British Bank 's gold vaults - one of the most massive gold cellar systems in the world. Statistics show that it is storing more than 40,000 precious metal ingots.

Picture 1 of Revealing the golden

The central bank of England always owns one of the most "gold" vaults in the world.(Photo: Rex Features)

Although gold no longer plays a role in the Bank of England's current policy decisions, it is still a sign of stability and value. The bank has always been a safe storage of precious metals for the British government, central banks of other countries in the world and members of the London Gold Market Association, but itself only owns two gold bars. Standard size and 2 Roman gold bars.

It is very hard to imagine how much the Bank of England's gold vault is worth in total when a gold bar in June cost nearly $ 531,000. What's amazing is that no gold bars have ever been stolen from the storage cell, except in movies.

Picture 2 of Revealing the golden

Close up of the Bank of England's bank of paper money.(Photo: Rex Features)

In addition to the gold cellar, the Virtual Tour application also takes visitors to the paper money cellar. This is where the Bank of England preserves a part of their massive paper money.

The British central bank has been in charge of issuing banknotes for more than 300 years, although the first banknotes are simply receipts for gold deposits at banks. Currently, the amount of paper issued by the Bank of England is circulating in the market and is estimated to be worth more than 50 billion pounds (approximately 76 billion USD). Each year, the bank issues nearly 1 billion new banknotes as well as destroys old bills.

Picture 3 of Revealing the golden

The garden in the heart of the bank.(Photo: Rex Features)

People can also learn more about the security features on each Bank of England banknote thanks to a guide in the Virtual Tour application .

You can also explore the Garden Court, an incredible garden in the heart of the bank building, which is a mulberry tree - the material used to make the first banknote in Chinese centuries. ten.

In the application, a creepy story about the bank's "god of holding" is also mentioned. Legend has it that a 2-meter-high former secretary was buried in the building's garden in 1798 to protect the place from the cheating burglars.

Update 18 December 2018
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