Exactly 75 years ago today (June 19, 1940) the RMS Niagara hit a German mine off Bream Head and sank.
The Niagara went down carrying more than eight tonnes of gold from South Africa to America, to pay for war munitions.
The mine blew a large hole in the starboard side at 3.43am, but nobody was hurt. Being a calm night, all 351 passengers and crew made it safely to lifeboats and watched as the ship went down bow-first. A flotilla of small boats took survivors to another liner, which returned them to Auckland.
The Bank of England was determined to get its gold back. The following year, working at extreme depths, Kiwi salvors retrieved most of the gold using a diving bell.
Although largely forgotten, this sinking was an epic event at the time, being the first such disaster of the Pacific war and the closest this country came to enemy action.