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********* Wondering Where The Gold Is ? **********

KudbegudKudbegud Posts: 4,735 ✭✭✭✭✭
in U.S. Coin Forum

Well now you'll know...from Official Sources....plan your next road trip to visit these locations.....like that big shoe or bottle of Ketchup water tower.....amaze your friends with a slide show of your road trip

https://fiscal.treasury.gov/reports-statements/gold-report/current.html


Comments

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    I can't fathom the physical look of such load B)

  • FredWeinbergFredWeinberg Posts: 5,925 ✭✭✭✭✭

    Back in 2006, I was in the main Cage at the West Point Mint,
    which had hundreds(?) of 65 pound gold bars.

    Have a photo somewhere of Dave Camire and I each
    holding a 65 pound gold bar in the cage. They were heavy!

    Retired Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Retired Authenticator for Major Mint Errors for PCGS. A 50+ Year PNG Member.A full-time numismatist since 1972, retired in 2022.
  • jwittenjwitten Posts: 5,232 ✭✭✭✭✭

    Here's my Dad hitting a golf ball towards the gold vault at Ft Knox (yes, it was a bad shot :D )

  • KudbegudKudbegud Posts: 4,735 ✭✭✭✭✭

    They didn't count your stash of Dan Carr items. B)

    But in the article there is this tid bit of trivia you can once again dazzle your friends with at the Christmas party.

    Book Value: The Department of the Treasury records U.S. Government owned gold reserve at the values stated in 31 USC § 5116-5117 (statutory rate) which is $42.2222 per Fine Troy Ounce of gold. The market value of the gold reserves based on the London Gold Fixing as of September 28, 2018 was $310.5 billion.


  • KudbegudKudbegud Posts: 4,735 ✭✭✭✭✭

    @jwitten said:
    Here's my Dad hitting a golf ball towards the gold vault at Ft Knox (yes, it was a bad shot :D )

    Important to not hit into the gold trap on the 8th hole.


  • sellitstoresellitstore Posts: 3,053 ✭✭✭✭✭

    Bad shot if the hole was straight ahead, towards Ft. Knox, great shot if the hole was to the left, near the parking lot.

    Good shot of Ft. Knox, at least.

    Looks like roughly two thirds of the gold is there with most of the remaining third at West Point and Denver. I didn't know that.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited December 20, 2018 11:38AM

    @FredWeinberg said:
    Back in 2006, I was in the main Cage at the West Point Mint,
    which had hundreds(?) of 65 pound gold bars.

    Have a photo somewhere of Dave Camire and I each
    holding a 65 pound gold bar in the cage. They were heavy!

    Well, please tell us all what you and Dave and ? were doing up there in a short paragraph. Is that were the images in the "Greatest Coins" book were made?

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @Bullsitter said: "A small sample..."

    Where was this taken? Note the posters. A foreign country?

  • JazzmanJABJazzmanJAB Posts: 1,028 ✭✭✭✭

    I was just surprised the Government could compile this information in such a short time frame. Everything usually takes 6 weeks.

  • BullsitterBullsitter Posts: 5,893 ✭✭✭✭✭

    @Insider2 said:
    @Bullsitter said: "A small sample..."

    Where was this taken? Note the posters. A foreign country?

    I don't know. I googled Gold at Ft. Knox and this is one of the images that came up. After looking at the posters I think your right, oh well, I tried.

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    OMG !!! <3

    Timbuk3
  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭
    edited December 20, 2018 1:51PM

    @JazzmanJAB said:
    I was just surprised the Government could compile this information in such a short time frame. Everything usually takes 6 weeks.

    The source is from the OIG audit report (OIG-19-005) done bi-annually.

    Posted in the PM forum: https://forums.collectors.com/discussion/1008629/291-188-374-511

    Or,

    https://www.treasury.gov/about/organizational-structure/ig/Audit Reports and Testimonies/OIG-19-005.pdf

  • stevebensteveben Posts: 4,638 ✭✭✭✭✭

    @Bullsitter hey, how did you get a photo of my basement?

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    Let me give you a friendly visit ;)<3

    @ParlousJoe said:
    Damn it @Bullsitter, when I let you take a picture of my home vault, I asked you to never show the picture to anyone! You said that you wouldn't but here it is for everyone to see!

  • DDODDO Posts: 44 ✭✭

    That is a lot of gold combined

  • ReadyFireAimReadyFireAim Posts: 1,835 ✭✭✭✭✭

    All I see are dead saints :'(

    My Saint Set

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,599 ✭✭✭✭✭

    And they can confiscate, melt, re-mint and re-issue, anytime. No need to crack out and re submit any. See the Lanbbords , for details. And pay those premiums in the meantime.

    My first duty station was Fort Knox, on a side note.

    ``https://ebay.us/m/KxolR5

  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭

    @Bullsitter said:
    A small sample... B)

    Wow, it's like the Sam's Club of gold... (I was going to call it GoldMart, but I think that name's been taken... :smiley: )

  • AlexinPAAlexinPA Posts: 1,458 ✭✭✭✭✭

    @Paradisefound said:
    I can't fathom the physical look of such load B)

    I would like to get a peek into Fort Knox. :)

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