10oz Gold Bar Pile

Discussion in 'Coin Chat' started by Amanda Varner, Feb 15, 2014.

  1. Amanda Varner

    Amanda Varner Well-Known Member

    Just couldn't help but share this -- I only wish that I had been here for the original pile!

    I don't work on Fridays because I work on Saturday, but apparently on Friday afternoon a gentleman came in and sold us 40 10oz gold bars. By the time I got to work on Saturday morning, 11 were left. As of right now, only 4 are left. What I wouldn't've given to have grabbed pics of the 40 together!

    Anyway, I just thought this was cool and had to share! :)

    The Pile Of 10oz Gold Bars (click for pics)
     
    stoster38, midas1, geekpryde and 5 others like this.
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  3. jlogan

    jlogan Well-Known Member

    40 bars x 10 oz. = 400 oz. 400 oz. x $1,329.2 =$531,680 in gold! nice!
     
    Amanda Varner likes this.
  4. Amanda Varner

    Amanda Varner Well-Known Member

    40 x 10oz = 400oz = you need to add an extra digit to your number. :)
     
  5. Endeavor

    Endeavor Well-Known Member

    That's a lot. I know you weren't there, but did the guy just walk in with a bag? I would imagine he wasn't carrying it on him and took you guys to it after negotiating. Also, what do you guys do to authentic it? Especially being packaged.
     
  6. Endeavor

    Endeavor Well-Known Member

    What's equally amazing is that they've sold almost all of it in one day. Amanda's shop is banking that moola!
     
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  7. SPP Ottawa

    SPP Ottawa Numismatist

  8. jlogan

    jlogan Well-Known Member

    i'd rather have $500k in gold than $500k in paper dollars though!
     
  9. Amanda Varner

    Amanda Varner Well-Known Member

    As far as authenticating, normal procedure ... check the weight, examine how it's made, check the serial number. :)
     
  10. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    do yall xray ya bars??
     
  11. Amanda Varner

    Amanda Varner Well-Known Member

    No, we don't X-Ray.
     
  12. Endeavor

    Endeavor Well-Known Member

    Did the buyers want to ultrasound?
     
  13. Amanda Varner

    Amanda Varner Well-Known Member

    I wasn't there, I don't know anything about the guy or things he may have requested, and we're closed for the day -- I'm on my way home! I could ask on Monday.


    Sent from my iPhone using Tapatalk
     
    Endeavor likes this.
  14. Endeavor

    Endeavor Well-Known Member

    Have a great rest of weekend. Thanks for sharing the story.
     
  15. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

  16. fretboard

    fretboard Defender of Old Coinage!

    Interesting, I didn't know you were a B&M dealer, I'll have to read and check out your link later today. :D
     
    Amanda Varner likes this.
  17. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    just keep this in mind if your ever there
     
  18. rysherms

    rysherms Alpha Member

    dude totally robbed me of my 40 gold bars and sold them to varners shop....
     
  19. AWORDCREATED

    AWORDCREATED Hardly Noticeable

    At least you can take solace in them being fake :p
     
  20. rysherms

    rysherms Alpha Member

    yeah but my insurance claim for $525k worked out great
     
    Amanda Varner likes this.
  21. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    Must have been the week for it. We bought 40 of these. ImageUploadedByTapatalk1392508201.549204.jpg
     
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