Benghazi Treasure

Last Modified: 12 Sep 2012


The so-called Benghazi Treasure is a group of antiquities that was excavated in Cyrenaica after the First World War during the Italian occupation of Libya (Bailey 2011).

It consists of three collections of archaeologically excavated material:

1. Objects excavated from the Temple of Artemis in Cyrene in 1917, including a number of gold items, which date to the fifth and sixth centuries BC.

2. Objects excavated from the Palace of Columns in Ptolemais in 1937 which date to the Hellenistic period.

3. The Meliu collection of 2,000 coins.

All told, the treasure is thought to comprise ‘364 gold coins, 2,433 silver coins, 4,484 bronze coins, 306 pieces of jewelry and 43 other antiquities’ (Bailey 2011).

Removal to Italy, Return to Libya

In 1942, Italian archaeologists sent the treasure to Rome packed within military chests as allied forces advanced on Libya and in 1944 the chests were moved first to Cremona and then to Val Brenta (Bailey 2011). After the war, the chests were moved back to Rome and were deposited in the Museo Coloniale (Bailey 2011). In 1961 the treasure, still in the two military chests, was returned to Libya and an inventory compiled, however photographs were not taken (Bailey 2011). The chests were moved to two safes within a bank vault in the National Commercial Bank on Omar al-Mukhtar Street, Benghazi, where they remained untouched for several decades (Bailey 2011). In 1980, more archaeological material was added to the chests and again they were sealed in the vault (Bailey 2011).

Theft of the Treasure

Approximately three months after rebel took the city of Benghazi during the protracted overthrow of the government of Muammar Gaddafi , much of the Benghazi Treasure was stolen (Bailey 2011). According to Osama El-Ketaf, the head of the National Commercial Bank’s legal office, on 25 May 2011 looters drilled through more than two feet of steel-reinforced concrete directly into the vault that contained the treasure, making a hole that was just large enough for a very skinny adult to fit through (Elkin 2012). ‘They sawed through the hinges of one [safe], maybe using a circular saw. We found an extension cord leading from the building next door to the hole. They cut through the back of the other safe’ (El-Ketaf quoted in Elkin 2012).

Safe that was broken into in the vault, photo from BBC 2011

Mohammed El-Shelmany of the Benghazi office of the Department of Antiquities said that the thieves had left behind about ten percent of the objects originally housed in the vault, taking only the most valuable artefacts (Elkin 2012). During his investigation into the robbery, El-Shelmany located among the remaining antiquities eight sealed boxes containing modern keys. Bank officials stated that these were spares to other banks in the neighborhood that had been stored with the antiquities for safekeeping (Elkin 2012). El-Shelmany wonders why the looters did not bother opening the sealed boxes.

Bank officials did not report the theft until October 2011, over six months later. Some reporters speculated that this was out of fear that Benghazi’s international reputation would suffer as the city fought for international recognition during the overthrow of Gaddafi (Meo 2011). Others have implied that there was a more sinister motive for the bank’s failure to inform authorities (e.g. Elkin 2012).

An Inside Job?

Hafed Walda, a Libyan archaeologist, was quoted as saying ‘I have the feeling this must have been an inside job. The treasure was there for many years, not many people knew about it, and the robbers even ignored cash that was in the vault’ (Walda, quoted in Meo 2011). Ahmed Buzaian, a professor of archaeology at Benghazi University stated ‘I cannot say who did it, but they knew exactly what was inside’ (Buzaian quoted in Elkin 2012). In response to allegations that bank employees might have been responsible for the theft, El-Ketaf replied ‘it might have been someone at the Department of Antiquities. They all know what was there’ (El-Ketaf quoted in Elkin 2012).

Potential for Recovery

According to UNESCO’s Assistant Director-General for Culture Francesco Bandarin, the main fear is that the metal objects have been melted down and sold (Allsop 2011). Some early reports indicated that 500 coins from the Benghazi Treasure turned up in Egypt and that others have appeared on the black market in Libya (Bailey 2011). Various commentators described the Libya/Egypt border as ‘porous’ at the time of the theft and speculated that this was the route the looted material would take out of Libya (Allsop 2011). Nick Meo of The Telegraph reported that an Egyptian farmer was caught with over 500 coins and a gold figurine that may to have come from the Benghazi Treasure theft (Meo 2011).


Allsop, Laura (2011), ‘Looting of Libyan treasure highlights illicit antiquities trade’,, 11 November,, accessed 11 August 2012.

Bailey, Martin (2011), ‘Interpol confirms Libyan treasure was looted’, The Art Newspaper, Issue 229, November,, accessed 11 August 2012.

Elkin, Mike (2012), ‘The Libyan Job: Insiders used War to Steal Priceless Artifacts’, Wired, 16 March,, accessed 11 August 2012.

Meo, Nick (2011), ‘Treasure of Benghazi bank vault raided’, The Telegraph, 20 October.,¬†accessed 11 August 2012.