SILENCE IS GOLDEN (2019)

The project Silence Is Golden investigates the faith of Nazi gold sold to Switzerland during the close economic collaboration between the Swiss National Bank and the German Reichsbank during the Second World War.

Switzerland was the primary hub for the Nazis to exchange gold for hard currencies to buy goods for their warfare. Some of this gold had a precarious provenance: it was composed of the remelted property of prisoners from concentration camps, known as ‘victim gold’. Documents show that in 1943, the Swiss National Bank had the suspicion that the German gold came from Nazi-occupied territories and was being confiscated by the Reichsbank in gross violation of international law. Nevertheless, the Swiss National Bank continued to accept gold until 1945.

After the war, the Swiss National Bank supplied the Swissmint with German gold that had been acquired during the war for the minting of an iconic Swiss gold coin: the ‘Vreneli’. This coin is often given as a gift for special occasions such as baptisms or significant birthdays. The possibility that these gold coins contain victim gold was barely addressed in public, or, on the few occasions it was acknowledged, strongly denied by Swiss politicians. By withholding this information, the buyers of ‘Vreneli’ minted in post-war years are implicated in the morally questionable financial cooperation between the Swiss National Bank and the Nazis.

Swiss National Bank

This video would have to run for 27 days, 14 hours, 2 minutes, and 13 seconds in order to show the 28.6 million Vreneli that were minted in post-war years and could thus potentially include victim gold.

E = essais/tests
* Year „L 1935"
(L = lingot = bullion)
Years of issue:
1945: 3,500,000 coins
1946: 7,108,813 coins
1947: 9,400,000 coins

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Articulated Absences (WIP)

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Under the Seal of Secrecy (2019)