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Mining museum robbed of gold samples

CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭
in Precious Metals
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Sounds like about 50 ounces worth.
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.

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  • BigRickBigRick Posts: 1,334
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  • PerryHallPerryHall Posts: 46,111 ✭✭✭✭✭
    Most likely melted down by now so they can't be traced back to their source.

    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

  • Tiggs2012Tiggs2012 Posts: 167 ✭✭✭
    40k of gold if 'crushed' from the article so 25ish ounces. Hope they catch whoever did that, hate to think such a great raw gold display got melted.
  • CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭


    << <i>40k of gold if 'crushed' from the article so 25ish ounces. Hope they catch whoever did that, hate to think such a great raw gold display got melted. >>



    I was using their statement that it would lose 80% of its value if melted to mean it would melt at about $80,000 (20% of $400,000), which at $1600/oz. would be about 50 ozs.
    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.
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