Tell Us How it Feels - "In Hand"

FullStrike

The Big One



After you take delivery ....... tell all - right here.

Danny9995

And dont forget to tell us how stupid you feel for paying $99,500 for 39.19 ounces of gold.

ricko

Wow...$2539/oz - why would anyone pay that amount for gold. Big deal, sat on the bottom of the ocean for a while. I have gold that has spent millions of years in the ground..... so bloody what?? Cheers, RickO

tightbudget

Hmm...you can also specify a quantity

savoyspecial

i like it......this bar is no less historic or significant than these round discs we collect



p.s. not all gold sells @ melt

Kdog08

Oh ok.....I wasn't sure WHAT this thread was meaning when I read the title!

Bcsican

<< <i>
i like it......this bar is no less historic or significant than these round discs we collect >>



Agree....This is very true....

Danny9995

Savoy,

Pretty much NO gold sells at melt, but what makes that gold worth over 2 1/2 times spot ? Please, the price is absurd to put it nicely. Anyone who buys that is a fool.

savoyspecial

what i think is absurd is that we are making any kind of reference to 'spot price' with this artifact.......this is not a piece of generic bullion and would not be out of place in a museum

FullStrike

<< <i>And dont forget to tell us how stupid you feel for paying $99,500 for 39.19 ounces of gold. >>




Probably a lot less stupid than a person could feel about spending $5 MILLION for 5 grams of Copper-Nickel.

1913 Liberty Nickel


ps - I got 5 - 1913 Liberty Nickels from a friendly Dealer in Kow-Chung Province for about $4.00 each - which included shipping.

When I look at them, I have the liberty to think to myself , what junk, but at least I paid far less than $5 MILLION each

Steve27

I've seen Spanish gold bars from shipwrecks go for more than that per oz.

Justacommeman

Spot bullion prices and this artifact have zero in common. Apples to oranges imo. This is a piece of history if that's your thing. If not, why rail on it? It's not like a novice is going to drop 100k on this. Likely they will know what they are doing and quite possible they can turn a profit on this one day. This is a specailized market...............MJ

Steve27

Too bad Dan Sedwick doesn't show actual sales info, but look at the estimates on these gold bars LINK

Rampage

http://www.coinace.com/1865proofset915coinsngccac.aspx

I prefer the item in the above link.

FilthyBroke

<< <i>I've seen Spanish gold bars from shipwrecks go for more than that per oz.

>>




Hey, I wouldn't mind owning that! Looks to be in great shape, too.

CopperWire

Gotta wonder if dead bodies add value to precious metals.

LanLord

<< <i>Wow...$2539/oz - why would anyone pay that amount for gold. Big deal, sat on the bottom of the ocean for a while. I have gold that has spent millions of years in the ground..... so bloody what?? Cheers, RickO >>

What's the price per ounce for a mint state 1927d double eagle? I guess price per pound is all in the eye of the beholder. Do I like it? Heck yeah, do I want it, heck yeah, am I willing to lay out a 100 thousand dollar bill for it? Nope, but it's still cool.

LanLord

<< <i>Gotta wonder if dead bodies add value to precious metals. >>

Explain.

yellowkid

Whatever floats your boat!

OregonCityGold

I like this bar a lot, especially how it came from the SS Central America treasure. IMHO, buying bars risky business, because there are so many good counterfeit bars out there, even old ones, and there isn't consensus about which ones are authentic or not. Finding a bar in the SSCA treasure is a great way to know the bar is authentic, which IMHO is worth a premium over all the other bars of debatable authenticity (assuming this actually did come out of the SSCA treasure). It seems priced on the high side of about right. It's easy to spend a more money than this on less interesting items.

FredF

<< <i>Whatever floats your boat! >>



That's a really bad pun in a shipwreck thread :-P.

mozeppa

no way!

not even .999 pure....and at 3x pure value.

TennesseeDave

I really need to add that to my collection.

morgansforever

Signifigant piece of history, Kellogg and Humbert the most famous names in minting CA gold coins.
Someone, somewhere wants this brick, or is that ingot?
Either way would love to own it, little short on cash, empfasis on little

SeattleSlammer

what i think is absurd is that we are making any kind of reference to 'spot price' with this artifact.......this is not a piece of generic bullion and would not be out of place in a museum

19Lyds

<< <i>Savoy,

Pretty much NO gold sells at melt, but what makes that gold worth over 2 1/2 times spot ? Please, the price is absurd to put it nicely. Anyone who buys that is a fool. >>



I'm sure that anybody who could afford to spend $99,500 on some "collectible" could really careless about whether or not folks think he/she is a fool.

I'm sure the piece would make a nice tax deduction as a donation to some big city museum anyway.