The Vault
The Bank of England is custodian to the official gold reserves of the United Kingdom and many other countries. The vault, which is situated beneath the City of London, covers a floor space greater than that of the second-tallest building in the City, Tower 42, and needs keys that are three feet long to open. The Bank of England is the fifteenth largest custodian of gold reserves, holding around 4600 tonnes. These gold deposits were estimated in February 2012, to have a current market value of £156,000,000,000.
Read more about this topic: Bank Of England
Famous quotes containing the word vault:
“Howl, howl, howl! O, you are men of stones!
Had I your tongues and eyes, I’d use them so
That heaven’s vault should crack. She’s gone forever.
I know when one is dead and when one lives;
She’s dead as earth.”
—William Shakespeare (1564–1616)
“Heaven froze above, severe; the clouds congeal,
And through the crystal vault appeared the standing hail.”
—Geoffrey Chaucer (1340?–1400)