That bar may have belonged to a jeweler who cut off parts of the bar to make jewelry or repairs to jewelry.
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
Seeing that photo make me wonder if having smaller amounts of gold might come in handy. Maby having smaller gold coins would make it easier to transact business on some levels. Could be as expensive as gold is the fractional gold coins such as the 1/10s 1/2s etc. would work better.
Many successful BST transactions ajia (x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes, mariner67, and Mikes coins
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>That bar may have belonged to a jeweler who cut off parts of the bar to make jewelry or repairs to jewelry. >>
I've bought a lot of jewelers' scrap over the years, including remnants of bars cut to make up a melt for a casting, but no jeweler would use a kilo bar for that purpose. Why tie up that much money, since you can't sell the cuttings but only melt them?
Looks like somebody was checking out an incoming bar. Why they then used it in a picture I have no idea.
TD
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Comments
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
(x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
mariner67, and Mikes coins
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>That bar may have belonged to a jeweler who cut off parts of the bar to make jewelry or repairs to jewelry. >>
I've bought a lot of jewelers' scrap over the years, including remnants of bars cut to make up a melt for a casting, but no jeweler would use a kilo bar for that purpose. Why tie up that much money, since you can't sell the cuttings but only melt them?
Looks like somebody was checking out an incoming bar. Why they then used it in a picture I have no idea.
TD