jmatt_inc
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The gold stored in the Depository is in the form of standard mint bars of almost pure gold or coin gold bars resulting from the melting of gold coins. These bars are about the size of an ordinary building brick, but are somewhat smaller. The approximate dimensions are 7 x 3-5/8 x 1-3/4 inches. The fine gold bars contain approximately 400 troy ounces of gold, worth $260,000.00 (based on the statutory price of $650.00 per ounce). The avoirdupois weight of the bars is about 27-1/2 pounds. |
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sandra s
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3.99 |
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Randy W
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Assuming it weighs 100 oz., you could multiply the current gold price quote in your local paper or on Yahoo Finance by 100. Or you could drop by your local coin dealer. They probably deal in ingots too, but they will offer less than they charge for the same item. The higher selling price and lower buying price from the market price of gold is how they make a living, and it is known as the "spread." |
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frugernity
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Gold is priced by the troy ounce. So unless a gold item has value above and beyond it's intrisic value as gold (e.g. jewelry or art) that's what it is worth. You can check current gold prices on the web.
It also depends on the purity of the gold. I believe 24K gold is pure gold. Anything less, like 18K, is not pure gold but is an alloy with other metals (because it's cheaper and/or to give it different properties like greater strength or durability).
To know for sure you would have to have the gold analyzed for purity and weighed. Check the yellow pages for a business near you that deals in gold.
Good luck. |
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saber36819
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depends on the wieght gold is going for about 600 an oz. So wieght your bar and figure the oz. |
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weirina85
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How big? |
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tonalc1
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The Encyclopedia Americana, in the article on gold, says that
the gold bar most commonly used in international transactions weighs about 400 troy ounces, or about 27.4 "regular" (avoirdupois) pounds. The density of gold is about 0.698 lb per cubic inch, so such a bar would have a volume of about 39 cubic inches. A 6" x 3" x 2" brick would be close to this, so I think the 400 troy oz. bar is the gold "brick" most of us have a mental picture of.
You'd have to look up today's gold values to determine the value. |
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BeenThereDoneThat!
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I think you may have to be more specific when you say (Bar) but anyways a client of mine bought 13.8oz of solid gold bar, it was a lot smaller then I had imagined it be but we sold it to a refinery for $7.895.00 which was a big profit versus what he paid for it. |
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shaun1986
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Bars of gold come in many weights, you'd have to be more specific. |
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Robert L
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Probably nothing. You should simply wrap it up and send it to me. COD is even O.K. |
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Dwasifar K
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Depends on how many people can sit at it. |
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Franco
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If you do not even have a clue how much it costs, how did you come to have it? Broke into a bank? |
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Jill B
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For some top forecasts on gold’s direction, visit the site below:
I like the real GOLD nuggets.
As most gold is mined as very fine dust and tiny nuggets, the larger (over 1oz) nuggets are very rare! Actually they are as rare as large diamonds!
I would suggest you look into large nuggets!
To see the 'live' spot NY gold price and some museum size gold nuggets I suggest you visit a great site I found a few months ago. I purchase a few nuggets from them just about a month ago, and not only are they beautiful to look at but in just the last few weeks they have really moved up in value!
I'm actually saving to purchase others!
The site is:
http://www.california-gold-rush-miner.us
http://www.california-gold-rush-miner.us/australia-gold-nuggets.htm
http://www.california-gold-rush-miner.us/crystalline-gold-miner.htm
http://california-gold-nuggets-miner.blogspot.com |
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urbanbulldogge
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It depends on the weight.
gold i currently trading somewhere around $600 per troy ounce |
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