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Thieves stole myriad jewels, including diamonds, rubies and emeralds, from the Dresden Green Vault in eastern Germany.
Marion Ackermann, head of the Dresden state museums, said the jewels are "priceless - we can't put a figure on it. The items cannot be sold on the art market legally - they're too well known."
The collection was created in 1723 by Saxony's ruler, Augustus the Strong.
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