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Switzerland searches for owner of 180,000 francs worth of gold bars left on train

Are you missing 180,000 francs (€168,000) worth of gold bars after a train journey through central Switzerland? If so, you might be in luck.

Switzerland searches for owner of 180,000 francs worth of gold bars left on train
Photo: Pexels/Free to use

Swiss authorities have announced they are searching for the owner or owners of a set of gold bars worth 180,000 francs (€168,000/$US190,000). 

The bars were left on a train from St Gallen to Lucerne in October 2019. The bars were found unattended by a member of train staff and brought to lost property – upon which SBB officers realised the find.  

After an eight-month private search for the gold – including looking at surveillance cameras throughout the journey – Lucerne authorities have gone public to try and find the rightful owner. 

But if you’ve suddenly realised your gold cache is a little light, don’t fear. The Lucerne Prosecutors Office have given prospective gold seekers a five-year window in which they can claim ownership. 

In an interview with Swiss news organisation 20 Minutes, the Lucerne Prosecutors Office says they’ve already received several claims for ownership. 

Spokesperson Simon Kopp said: “We’ve received a lot of reports and we have to check them now.”

Kopp said authorities would go through all claims they believed to be legitimate – not including the hundreds of hopeful claimants on social media. 

We're unsure how hard the authorities are looking however – as Switzerland has a 'finders keepers' law which snaps into place after five years. 

Although possession of gold bars is relatively rare – even in Switzerland – Kopp said determining the original owner of the bars just by evaluating them is impossible. 

No loss or theft of gold bars has been recorded in Switzerland either, reports the Zürichsee newspaper

Switzerland's forgetful golden problem

Remarkably, it is not the first time a large cache of gold bars has been found in Switzerland. 

In 2012, 100,000 francs worth of gold was found in a field in Klingau, Aargau by employees of the village town council. 

After a five-year search with no luck, the gold became the property of the village – under the same finders keepers law. 

An investigation failed to find the owner, despite an initial lead pointing to a Bosnian man who was in prison when the treasure was discovered.

READ: Swiss village gets to keep abandoned gold bars 

But ownership was not proven, nor was there anything to connect the gold bars to a crime.

Shortly before the five year deadline, two people turned up to stake a claim on the treasure, but after a police investigation, their claims were judged unfounded, police said.

As reported at the time, the employees were entitled to 10 percent of the total value of the find. 

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ENERGY

EXPLAINED: How high will heating bills be this winter in Germany?

The cost of energy is expected to rise again this coming winter, even though the government's price cap is supposed to be in effect until April 2024. Here's what households can expect.

EXPLAINED: How high will heating bills be this winter in Germany?

The onset of winter will raise concerns for many in Germany about the cost of heating their homes, with memories of last year’s rocketing prices and concerns over domestic gas supply resurfacing. 

But, compared to last year, the energy prices have now largely stabilised, though they are still higher than in 2021.

The stabilisation in prices is partly thanks to the government’s energy price cap which came into force earlier this year to cushion the blow of soaring energy prices by capping electricity costs at 40 cents per kilowatt-hour and natural gas at 12 cents.

READ ALSO: Germany looks to extend energy price cap until April 2024

The federal government plans to maintain this cap until the end of April, though this could be extended even longer, if necessary. 

How high are heating costs expected to go this year?

For the current year, experts from co2online expect somewhat lower heating costs than last year.

Heating with gas, for example, is expected to be 11 percent cheaper in 2023 than in 2022, costing €1,310 per year for a flat of 70 square metres. 

The cost of heating with wood pellets will drop by 17 percent to €870 per year, and heating with heating oil will cost 19 percent less and amount to €1,130.

According to co2online, the costs for heating with a heat pump will drop the most – by 20 percent to €1,1105. The reason for this, according to co2online, is a wider range of heat pump electricity tariffs.

Tax hikes in January

Starting January next year, the government will raise the value-added tax on natural gas from seven to nineteen percent.

Alongside this, the CO2 price, applicable when refuelling and heating, will also increase.

According to energy expert Thomas Engelke from the Federal Consumer Association, these increases will mean that a small single-family household with three or four people that heats with gas would then pay about €240 more per year for gas.

“That’s a lot”, he said. 

Another additional cost factor to consider is that network operators also want to raise prices. However, the federal government plans to allocate €5.5 billion to cushion this increase for consumers as much as possible, so how such cost increases will ultimately affect consumers is currently hard to estimate.

READ ALSO: Why people in Germany are being advised to switch energy suppliers

Overall, it can be said that, from January, consumers will have to brace themselves for higher energy costs, even though massive increases are currently not expected.

Consumer advocate Engelke advised customers to closely examine where potential savings could be made this upcoming winter: “Those who are now signing a new gas or electricity contract should inform themselves and possibly switch. Currently, you can save a few hundred euros. It’s worth it. On the other hand, you should also try to save as much energy as possible this winter.”

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