The Grünes Gewölbe (English: Green Vault) in Dresden is a unique historic museum that contains the largest collection of treasures in Europe. Founded by Augustus the Strong in 1723, it features a rich variety of exhibits from the Baroque to Classicism. It is named after the formerly malachite green painted column bases and capitals of the initial rooms. It has some claim to be the oldest museum in the world; it is older than the British Museum founded in 1759, but the Vatican Museums date their foundation to the public display of the newly excavated Laocoön group in 1506. After the devastation of World War II, the Grünes Gewölbe has been completely restored. Today, its treasures are shown in two exhibitions: The Historic Green Vault (Historisches Grünes Gewölbe) is famous for its splendors of the historic treasure chamber as it existed in 1733, while the New Green Vault (Neues Grünes Gewölbe) focuses the attention on each individual object in neutral rooms. The Grünes Gewölbe is located on the first and second floors of the western section of the Dresdner Residenzschloss. It is now part of the Dresden State Art Collections.