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Has anyone seen a 400 ounce "standard" gold bar sell?

shorecollshorecoll Posts: 5,445 ✭✭✭✭✭
in Precious Metals

I saw a bar of that size sold back in the 80's but I don't know if it was an official bar or a custom poured job.

ANA-LM, NBS, EAC

Comments

  • shorecollshorecoll Posts: 5,445 ✭✭✭✭✭

    I guess that answers that question.

    ANA-LM, NBS, EAC
  • johnny9434johnny9434 Posts: 28,416 ✭✭✭✭✭

    5 oz is the biggest I've seen. 400 is not in many people's budget. Fwiw

  • shorecollshorecoll Posts: 5,445 ✭✭✭✭✭

    400 ounce is the standard bullion storage bar, like the 1,000 ounce silver, only a lot more money. I was really just wondering if they actually traded.

    ANA-LM, NBS, EAC
  • jdimmickjdimmick Posts: 9,691 ✭✭✭✭✭

    One of my customers has a couple of kilo 32.15 oz bars, but that's all I have seen

  • PerryHallPerryHall Posts: 46,231 ✭✭✭✭✭

    There's no way I would buy a 400 oz gold bar like that without first having it tested or even assayed not that I could afford one.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • HigashiyamaHigashiyama Posts: 2,192 ✭✭✭✭✭

    A European multimillionaire who wants to hold $ 10 million in physical gold - what is the most popular form? Assume it is not an underworld character. I assume kilo bars are popular, but they’d need about 200 of them-quite a hoard.

    Higashiyama
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    A bar that size is not even within the realm of consideration for me... That is something perhaps a very large bank or Fort Knox might have.... Cheers, RickO

  • selling3selling3 Posts: 166 ✭✭✭

    Saw one at ANA World Fair of Money show a few years ago. Displayed in plexi box with hole so you could touch it. Didn't ask price. At the time I thought what a petri dish of germs!

  • Jinx86Jinx86 Posts: 3,710 ✭✭✭✭✭

    Just 100 oz gold bars for me. Lots of kilo stuff.

  • MsMorrisineMsMorrisine Posts: 33,239 ✭✭✭✭✭

    the mint deals in 400 oz

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • derrybderryb Posts: 36,941 ✭✭✭✭✭

    COMEX deals in 100 oz. promises, LBMA deals in 400 oz. promises. Current shortage of COMEX 100 oz. bars has resulted in them now offering contracts for the 400 ouncers provided by the LBMA to bail them out.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • PerryHallPerryHall Posts: 46,231 ✭✭✭✭✭

    @derryb said:
    COMEX deals in 100 oz. promises, LBMA deals in 400 oz. promises. Current shortage of COMEX 100 oz. bars has resulted in them now offering contracts for the 400 ouncers provided by the LBMA to bail them out.

    Promises? What could go wrong? Sign me up. ;)

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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