Home› U.S. Coin Forum
Options

Gold Rush! This buyer paid $609.50/oz . . . .

DMWJRDMWJR Posts: 6,100 ✭✭✭✭✭
in U.S. Coin Forum

This seller sells gold by the GRAM! How DID they get all those words on a ONE GRAM BAR!

One gram at a cost of $21.50 = $609.50 per ounce.

Seller spews that this is a good investment!!!! Isn't that getting close to violating securities law?


LINK!!!
Doug

Comments

  • Options
    PlacidPlacid Posts: 11,299 ✭✭✭
    Good deal.
  • Options
    XpipedreamRXpipedreamR Posts: 8,059 ✭✭
    Smaller quantities always cost more per ounce.

    It is kind of cute...
  • Options
    sinin1sinin1 Posts: 7,500 ✭
    I have a chunk of gold

    it says on the obverse

    CREDIT
    ZURICH

    1.0 GRAMS

    FINE GOLD
    .418

    R
    20973


    and the dimensions are 13/16ths inch by 1/2 inch
    I am not sure how thick it is
    are you saying it is only worth $9?

  • Options
    DMWJRDMWJR Posts: 6,100 ✭✭✭✭✭

    1 gram = 0.035274 oz.

    I believe gold is about $406 today per ounce.

    1 gram = $14.33.

    .416 Fine = 10Kt gold = 10/24

    1 gram of 10kt gold = $5.97


    Sounds like you have more than a gram, bud.
    Doug

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...