Tag Archive for Chinese type69 tank

Treasure Chest: Guy Trades For Tank On eBay, Finds $2.5 Million In Gold Hidden Inside

From Wikipedia, the free encyclopedia
Featured Image: A Chinese Type 59 tank at the Beijing Military Museum.
The Type 59 (Chinese: 59式; pinyin: Wǔ shí jiǔ shì; industrial designation: WZ-120) main battle tank is a Chinese-produced version of the Soviet T-54A tank, the earliest model of the ubiquitous T-54/55 series. The first vehicles were produced in 1958 and it was accepted into service in 1959, with serial production beginning in 1963. Over 10,000 of the tanks were produced by the time production ended in 1980 with approximately 5,500 serving with the Chinese armed forces. The tank formed the backbone of the Chinese People’s Liberation Army until the early 2000s (decade) with an estimated 5,000 of the later Type 59-I and Type 59-II variants in service in 2002.

The Type 59 was modified several times during its service. It was also the basis of several later Chinese tank designs including the Type 69 and Type 79 tanks.

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Guy Trades For Tank On eBay, Finds $2.5 Million In Gold Hidden Inside

Posted at 11:53 am on April 9, 2017 by Bob Owens

An English military vehicle collector thought he got quite the deal when he traded a tank and self-propelled gun for a Type-69 tank, a Chinese variant of the T54 developed by the Russians that was sold to Iraq and used in the 1991 Persian Gulf War.

When he examined the tank, he found out just how good of a deal it was; the Iraqi tank crew had apparently looted roughly £2 million ($2,474,600) worth of gold bullion, and had hidden it in a fuel tank. . . . Read Complete Repoirt

Dig a little DEEPER: Treasure Chest