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Bannewitz Will Share Gold-Bar Windfall With 30 Local Clubs

The unanimous move channels an unclaimed €40,000 find into youth and community projects.

Overview

  • The town council approved a unanimous plan to donate the proceeds from 10 one-ounce gold bars, worth about €40,000, to 30 local groups.
  • A municipal employee found the bars during mowing in October, and the gold became town property after no one proved ownership by the April 17 legal deadline.
  • Beneficiaries include volunteer fire brigades, carnival associations, music and dance clubs, youth clubs, a seniors’ club, a golf club, and a fly-fishing group in Possendorf.
  • Police in Dresden are storing the bars, with a public handover next week where the gold will be tested on site and sold at once so every club gets the same price.
  • Recipients must report how they used the money by year’s end, and one school association plans to help buy a sunshade for its outdoor “green classroom.”