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 Replies: 39 / Views: 3,065 |
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Valued Member
United States
416 Posts |
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Bedrock of the Community
United States
94367 Posts |
 Thanks for that. |
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Bedrock of the Community
 United States
24876 Posts |
Quote:
Due to the size and nature of this lot, additional shipping charges apply. I'm going to look around for one with free shipping before bidding. Inordinately fascinated by bits of metal with strange markings and figures
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Bedrock of the Community
United States
10470 Posts |
Pretty impressive "brick" !
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Moderator
United States
34393 Posts |
Gorgeous! Here is a pic to drool over for when the auction comes down:  "If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Moderator
Australia
16805 Posts |
For the metrically inclined: 400.87 troy ounces is 11.36 kilograms. I personally prefer to collect items I'm physically capable of lifting.  Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Bedrock of the Community
United States
73575 Posts |
I wish I had that kind of money. I wouldn't mind having that.  Errers and Varietys.
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Moderator
United States
15381 Posts |
That is impressive.  |
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Moderator
United States
187446 Posts |
Wow! |
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Pillar of the Community
United States
3342 Posts |
So this is what a goldbrick is..  "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
10/14/2024 10:29 am
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Moderator
United States
187446 Posts |
Quote: So this is what a goldbrick is..  |
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Pillar of the Community
Portugal
655 Posts |
This will be one to follow. Just to see what it the final price. I think it will sell for the weight value. Bank vaults are full of old gold bars, none is recast unless necessary.
Why do people put up bullion for auction and pay commissions on the melt value? That question applies to the many coins that I see selling for bullion value in auctions. Sellers are losing 10 or 20 percent.
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Pillar of the Community
United States
5818 Posts |
I need a bigger safe deposit box!
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Bedrock of the Community
United States
10470 Posts |
Quote:
Why do people put up bullion for auction and pay commissions on the melt value? That question applies to the many coins that I see selling for bullion value in auctions. Sellers are losing 10 or 20 percent. Usually because these so called "bullion coins" are part of a bigger lot so the seller is looking at the overall profit - not worried about one coin. And at auctions "Bullion coins" rarely sell as low as bullion costs. This gold brick has so much provenance it will go for a large premium over bullion costs so there is no problem there either. |
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Moderator
United States
187446 Posts |
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I need a bigger safe deposit box! |
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Pillar of the Community
United States
2951 Posts |
Crazy bar  So 401 ounces times $2,650/ounce gold equals $1,062,650 for just melt value, and the price is still $5,000... |
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Replies: 39 / Views: 3,065 |
Posted 10/13/2024 10:49 am
