Trips Places Foods Stories Newsletters
Loading...
Loading...
Loading...
Loading...

No search results found for
“”

Make sure words are spelled correctly.

Try searching for a travel destination.

Places near me Random place

Popular Destinations

  • Paris
  • London
  • New York
  • Berlin
  • Rome
  • Los Angeles
Trips Places Foods Stories Newsletters
Sign In Join
Places near me Random place
All Germany Cochem Bundesbank Bunker Cochem
AO Edited

Bundesbank Bunker Cochem

This Cold War–era fallout shelter was actually a storage facility for the nation's emergency currency.

Cochem, Germany

Added By
Ben Lloyd
Email
Been Here
Want to go
Added to list
CAPTION
Bundesbank Bunker Cochem   Eifeljanes
Bundesbank Bunker Cochem   Holger Weinandt
Bundesbank Bunker Cochem   mauriceweststrate
Been Here
Want to go
Added to list

About

In 1962 as Russia was installing missiles in Cuba, West Germany was making their own Cold War preparations. Beneath the sleepy village of Cochem Cond, work began on a massive underground bunker hidden behind two innocent looking houses. Locals assumed it was just another nuclear fall-out shelter.

The bunker was actually being constructed by the German Bundesbank. Although the shelter was capable of protecting its staff against nuclear attack, its primary objective was to protect the bank's cash reserves. 

The West German government became increasingly concerned that hostile communist states may flood the country with counterfeit banknotes. This would devalue the Deutschmark and destabilize the country's economy as a precursor to an invasion from the East.

So Bundesbank launched a cunning plan. They printed an entirely new secret currency and put them in storage. If Russia and its allies launched an economic attack, the old bills could be withdrawn and new banknotes issued within a matter of days. This would cancel out counterfeit currency. 

New banknotes began arriving in 1965. By the time the bunker was retired in 1988, over 15 billion Deutschmarks had been hidden away in the mountain. In the end, West Germany never had a major problem with counterfeit currency and the bills went unused. But for 23 years, the unsuspecting winemakers of Cochem were growing their grapes on the most valuable land in West Germany. 

Related Tags

History & Culture Money Cold War Military

Know Before You Go

The bunker is now open to visitors with daily guided tours. If you don't fancy trekking up Cond mountain, a shuttle bus runs direct from the bus station in Cochem.

Community Contributors

Added By

benlloyd

Published

September 22, 2020

Edit this listing

Make an Edit
Add Photos
Bundesbank Bunker Cochem
35 Am Wald
Cochem, 56812
Germany
50.15217, 7.17434
Visit Website
Get Directions

Nearby Places

Eltz Castle - Burg Eltz

Wierschem, Germany

miles away

Hängeseilbrücke Geierlay

Mörsdorf, Germany

miles away

Spitzhäuschen

Bernkastel-Kues, Germany

miles away

Explore the Destination Guide

Photo of Germany

Germany

Europe

Places 760
Stories 68

Nearby Places

Eltz Castle - Burg Eltz

Wierschem, Germany

miles away

Hängeseilbrücke Geierlay

Mörsdorf, Germany

miles away

Spitzhäuschen

Bernkastel-Kues, Germany

miles away

Explore the Destination Guide

Photo of Germany

Germany

Europe

Places 760
Stories 68

Related Stories and Lists

23 Places to Relive the Cold War

List

By Gemma Tarlach

Related Places

  • Nike Site Summit with downtown Anchorage in the distance

    Anchorage, Alaska

    Nike Site Summit

    Tour a Cold War-era U.S. military missile launch site in Anchorage.

  • RAF Harrington

    Harrington, England

    RAF Harrington

    The Cold War remnants of a nuclear missile launch site in the Northamptonshire countryside.

  • Explore the wide collection of moving military photographs printed in The Stars and Stripes.

    Bloomfield, Missouri

    The Stars and Stripes National Museum and Library

    The first military newspaper in U.S. history was printed in Bloomfield, Missouri.

  • Majapahit Piggy Bank at the Ashmolean

    Oxford, England

    Majapahit Piggy Bank

    A rare specimen of the ancient piggy bank of Java resides in one of the unassuming corners of the Ashmolean.

  • A string of Sangpyeong Tongbo cash (detail).

    Seoul, South Korea

    Sangpyeongtongbo Gallery

    A small section in the Bank of Korea Museum dedicated to the many varieties of the Joseon dynasty’s iconic coinage.

  • Banknote Museum of the Ionian Bank

    Corfu, Greece

    Banknote Museum of the Ionian Bank

    The history of Greece is illustrated through banknotes.

  • The Museum of the National Bank of Belgium.

    Brussels, Belgium

    Museum of the National Bank of Belgium

    One of the oldest bank museums in Europe showcases unusual currencies of the world and other money-related miscellanea.

  • Horoku Inari Shrine.

    Tokyo, Japan

    Horoku Inari Shrine

    Losing lottery tickets are deposited at this shrine in hopes of better luck.

Aerial image of Vietnam, displaying the picturesque rice terraces, characterized by their layered, verdant fields.
Atlas Obscura Membership

Become an Atlas Obscura Member


Join our community of curious explorers.

Become a Member

Get Our Email Newsletter

Follow Us

Facebook YouTube TikTok Instagram Pinterest RSS Feed

Get the app

Download the App
Download on the Apple App Store Get it on Google Play
  • All Places
  • Latest Places
  • Most Popular
  • Places to Eat
  • Random
  • Nearby
  • Add a Place
  • Stories
  • Food & Drink
  • Itineraries
  • Lists
  • Video
  • Podcast
  • Newsletters
  • All Trips
  • Family Trip
  • Food & Drink
  • History & Culture
  • Wildlife & Nature
  • FAQ
  • Membership
  • Feedback & Ideas
  • Community Guidelines
  • Product Blog
  • Unique Gifts
  • Work With Us
  • About
  • FAQ
  • Advertise With Us
  • Advertising Guidelines
  • Privacy Policy
  • Cookie Policy
  • Terms of Use
Atlas Obscura

© 2025 Atlas Obscura. All Rights Reserved.