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Does anyone know any treasure or at least a legend of a treasure in Greece?

Nathan_Drake

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I am starting to love Greek history and I thought a place with such a rich history like Greece must have something worthy to be found. Let me know if you know anything.
Thanks
 
Welcome to Tnet.

More legends than you can shake a stick at! Most famously, try Googling "Ali Pasha Lost Treasure"
Hello thank you for welcoming me. I will certainly be looking into that, thanks for pointing me to a direction!
 
Hello thank you for welcoming me. I will certainly be looking into that, thanks for pointing me to a direction!
Hello Nathan_Drake,
Greece ….that’s awesome, I think of ancient artifacts from old battle sites, I might be getting some “Sparta” mixed in there 🤓🤷🏼‍♂️

Good luck and I hope you have great success. 👍
 
I don't wish to be that guy, but I feel the need to inform you that metal detecting in Greece is tightly regulated, and even in the off chance you get past all of that and do find something without breaking any laws, the government will probably confiscate it anyways if it is or would be deemed historically significant (or of significant monetary value even) by the antiquity authorities.
 
I don't wish to be that guy, but I feel the need to inform you that metal detecting in Greece is tightly regulated, and even in the off chance you get past all of that and do find something without breaking any laws, the government will probably confiscate it anyways if it is or would be deemed historically significant (or of significant monetary value even) by the antiquity authorities.
Yeah, over there I imagine you have to have some very trustworthy local Greek speaking friends to visit secluded sites with. If you find, just let them give you whatever they want, even if it is several paper money bills only.
But if you mention to them, you might later discuss it on the forums, they will not give you nothing.
Will probably not even take you to the " promising " places. God knows only
 
It might be interesting to note that to proceed with a legal excavation, one must have three permits. A permit to possess a metal detector, then they must obtain a research permit, issued by the Ministry of Culture and the local Antiquities Ephorates. For the permit to be issued, a process that can take from three months to a year, the proposed search area must not be located within a designated archeological site.

If any findings emerge during the search, an excavation request is submitted to the appropriate authorities.

Crow
 
In 2000, there was a treasure hunt based on an alleged missing WW2 treasure looted from the Jewish population.

ATHENS, July 30 -- Any other tale so thick with intrigue involving a Nazi war criminal and treasure hidden in the depths of a blue-green sea might simply have been dismissed, particularly if it originated from a prison inmate known only as Phantom X.

But the prospect of 50 sealed chests heavy with gold coins and jewels valued at as much as $2 billion is enough to make a believer out of almost anyone -- including an international diving team, the Greek government, and this country's senior Jewish council.

After months of dispute and delays, Greek and French divers are hoping to plunge this week into nearly 300 feet of water off the southwest Peloponnesus, near Kalamata, on an expedition to salvage what they hope is just such a fortune.

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The wealth was reputedly stripped from Jews sent to labor and death camps and then stashed at a secret underwater location by Dr. Max Merten, who was Hitler's senior administrator in Salonika, in northern Greece, during World War II.

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But even before an ounce of gold has been brought to the surface, the mere prospect of such a fortune has set Greece's notorious bureaucracy in motion and sent a long line of claimants jostling for their stakes.

"The situation is crazy," said Gregoire Koulbanis, a 40-year-old Swiss diver of Greek descent who is to lead and film the expedition. "Such chaos, delays and state of hysteria, I've never witnessed in my 20-year career."

Mr. Koulbanis, who gained fame on some of the most daring expeditions of Jacques-Yves Cousteau, the late oceanographer, says he was told of the treasure 10 months ago by a 63-year-old man he refuses to identify but whom the Greek media are calling Phantom X.

The man, who is in prison for a string of felonies, says he learned of the treasure when he shared a Greek prison cell with Dr. Merten in 1958. The former Nazi officer fled to Germany after World War II, but returned to Greece that year supposedly to check up on his fortune. He was arrested, tried for war crimes and jailed in Athens, according to the Greek Foreign Ministry and the Central Jewish Council, which represents this country's 3,000 Jews.

Dr. Merten, the informant claims to have been told, stowed 50 cases of gold he intended to return to after the war. A Nazi submarine, he says, ferried the treasure from northern Greece to the southern Peloponnesus. From there, Dr. Merten commissioned a fishing boat named Sofia to carry the cases to a designated site and sank the vessel.

A presidential decree in 1959 allowed Dr. Merten to return to Germany, where he practiced law and died in 1976. It remains unclear whether he had ever tried to retrieve the treasure again.

The current expedition, which was supposed to take place over the weekend, is now scheduled for Friday after being put off by local officials in Kalamata. They said the summer holiday season had left them too short-handed to oversee a multimillion-dollar search by 30 divers and crew members.

Mr. Koulbanis, the head of the expedition, attributes the delays to "outrageous demands" by the local authorities and a swamp of bureaucracy, despite having gained approval for the dive from Foreign Minister George Papandreou this month.

The Kalamata authorities say they want extra assurances that the state will get the 50 percent share it has claimed if the fortune is found.

"This may prove the biggest treasure to surface from this part of the Greek sea," says Christos Vrillias, a senior local official responsible for protecting state property. "We have to safeguard the state's interests, to the fullest."

In that effort, the Kalamata authorities demand that a special state committee climb aboard the search vessel to monitor every inch of the dive by video-link from the deep.

They also want coast guard vessels to be placed on alert, a team of archaeologists ready to appraise the fortune, which is to be handled by Greek divers only, and Finance Ministry experts to store whatever is recovered in special vaults at the National Bank of Greece. Since the operation may sweep through a military shooting range, Greek Air Force units will also be at the ready.

Holocaust survivors argue that at least part of the treasure is rightfully theirs, particularly since much of it appears to have been taken from the families of 9,000 Jews who were later rounded up on Dr. Merten's orders to work at Nazi labor camps in Greece.

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"I alone had to pay him 1,000 gold British sterling in hope of winning my father's release from one of those camps," said Andreas Sefihas, a Holocaust survivor and president of the Jewish Council in Salonika. Some 50,000 Jews, 95 percent of Salonika's Jews, eventually perished in Nazi death camps. Below Rachel and Joseph Chasid, a Jewish couple, pose for a photograph in Salonika (Thessaloniki) in German-occupied Greece. They are wearing the compulsory yellow Star of David badges on their clothing. German occupation authorities mandated this badge in Salonika in February 1943. Just over a month later, the Germans began deporting Salonika's Jewish population to Auschwitz-Birkenau, where most were murdered in the gas chambers upon arrival. The fate of the Chasids is unknown.

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But the Greek state's claim may leave Greece's 1,950 living Holocaust survivors with less than a 25 percent share, with the remaining 25 percent going to the man who says he knows where the treasure can be found. The agreement was negotiated by the informant's lawyer, Alexandros Lykourezos, a leading criminal attorney whose clients have also included the most notorious men wanted for war crimes in Bosnia.

The Jewish council plans to contest the state's 50 percent claim, calling this an extraordinary case. But before a single coin is handed over to the Central Jewish Council, says Emmanuel Gounaris of the Greek Foreign Ministry, it must prove that the fortune had been owned by Jews.

"This isn't restitution," said Mr. Sefihas, head of the Jewish council. "It's a denial of history."

As for the diving team, Mr. Koulbanis says, "All are here on their own time, at their own expenses." Their payment will come from the profits Mr. Koulbanis hopes to make from documentary film rights, which he has worked out with a French company called Timing.

Mr. Koulbanis has said he is confident that the treasure lies in Greek waters. But despite all the careful planning, legal wrangling, and deal-making that have led up to the dive, Mr. Gounaris, who is head of the commission responsible for reviewing underwater explorations, warned that "should the treasure be found beyond Greece's six-mile territorial waters, or within international waters, different laws apply."

No discovery of this alleged 50 sealed chests heavy with gold coins and jewels valued at as much as $2 billion has ever come to light if it existed to begin with.

Crow
 
Now with my treasure hunting hat on regarding Jewish treasure from ww2.

Salonika had the largest Jewish community in Greece. At the time of the German occupation, the Jewish population was about 50,000. Within a week of the occupation, the Germans arrested the Jewish leadership, evicted hundreds of Jewish families and confiscated their apartments, and expropriated the Jewish hospital for use by the German army. The Germans plundered tens of thousands of cultural and artistic properties from Jewish academies, synagogues, and private homes, and sent the plunder to Germany. You can see the map below of two ghettos where Jewish population was concentrated.

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Salonika had the largest Jewish community in Greece.

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At the time of the German occupation, the Jewish population was about 50,000. Within a week of the occupation, the Germans arrested the Jewish leadership, evicted hundreds of Jewish families and confiscated their apartments, and expropriated the Jewish hospital for use by the German army. The Germans plundered tens of thousands of cultural and artistic properties from Jewish academies, synagogues, and private homes, and sent the plunder to Germany.

Screenshot 2026-06-05 213016.webp


During this time period, a week, desperate wealthy Jews may have tried to hide caches of jewelry, money, and gold in these areas to return to after the war. Many of course perish in the gas chambers of the holocaust. Never to return. So one begs to ask the question, how many caches are still hidden in these buildings of valuables?

Today, the Jewish Quarter is no more. But many of these houses exist.

Screenshot 2026-06-05 213308.webp


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OF course, a few key points here, like getting permission from present-day property owners and the ethics of such a search. While in effect, all treasures are proceeds of someone's loss. This location had a prime reason to hide some treasure, at least.

Find treasure one needed to find reasons and the driver for why would people hide wealth. The WW2 Invasion was a classic example.

Crow
 
Good story, Phantom X would have been 5 years old in prison then in 1958?! Reference the Treasure Ship Sofia have they now discovered it as it has been a couple of weeks? I thought all countries had 12 Miles out to sea before becoming International waters.
 
Good story, Phantom X would have been 5 years old in prison then in 1958?! Reference the Treasure Ship Sofia have they now discovered it as it has been a couple of weeks? I thought all countries had 12 Miles out to sea before becoming International waters.
Phantom X would have been in his early 20s, the diving was set to happen in the year 2000 and he was 63 when he told the story of being in prison, not sure when he first told the story but if it was in 2000 he would of been 21 in 1958.
 
Like with many treasure legends, the story is based on one man's alleged claims. This Phantom X a dubious person at best. However, the following ship might have been involved, as it was part of the British Ministry of Transport in 1941. might it have been captured in Greece in WW2 and used by the Nazis to dump gold from capture? Full Occupation: Completed by June 1, 1941, After the war to became part of the Greek shipping fleet. However, more research is needed to substantiate this hypothesis.

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Like with all treasure legends, you really need to go in-depth to sort fact from the fiction and go where the evidence takes you. This ship was not sunk. The dumping of looted gold was out of spite, not to let the allies get their hands on it. Phantom X may have mixed up parts of the story in retelling if the story is true. Dr. Max Merten the principal in all of this, never mentioned this at all, and it was never collaborated.

The 12-mile limit does apply because of the very nature of stolen Nazi loot from the Jewish community their would be legal challenges from descendants of surviving families that were victims of those terrible times.

Crow
 
The sources for further research are as follows

The Greek Foreign Ministry Diplomatic Archives: Published in an 800-page historical compilation edited by diplomat Ares Radiopoulos (The Claim of the German Debt and Reparations Towards Greece), this text aggregates over 100,000 pages of wartime state documents explicitly tracking resource exploitation and looting.

Art Looting Intelligence Unit (ALIU) Reports: Created by the US Office of Strategic Services (OSS) between 1945 and 1946, these reports contain Consolidated Interrogation Files tracking Nazi art plunder across Axis-occupied European territories, including items earmarked for Hitler’s planned "Führermuseum".

The 1944–1945 US War Office Intelligence Dossier: Discovered in the US National Archives by historian Graham M. Simons, this 47-page document from the Directorate of Civil Affairs details the severe damage inflicted on Greek antiquities by occupying German soldiers.

The 1946 Greek Ministry of Culture Report: Titled "Zimiai ton Archaeotiton Ek toy Polemoy kai ton Straton Katohis" (Damages to Antiquities From War and the Occupation Military Forces). Drafted by Greek archaeologists immediately after the war, this 164-page official document details structural pillaging across 46 major cities, provinces, and islands, serving as the historical baseline for Greek restitution claims.

Crow
 
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