COA finds ’Marcos watches’, diamonds, and silver in old vault

State auditors discovered two gold watches bearing the faces of the late President Ferdinand Marcos and wife Imelda along with a collection of millions of pesos worth of diamonds, silver, and foreign currencies in a neglected vault of the Bureau of Treasury (BTr). The Commission on Audit (COA) did not identify the original owners of the diamonds – worth at least P2 million. Up to 166 pieces of silver one-peso coins, 412 pieces of various foreign currencies, and two gold pens were also discovered. The government will have the items appraised.

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