gold bar?

Discussion in 'Bullion Investing' started by BenjyH_2009, Aug 4, 2009.

  1. huntsman53

    huntsman53 Supporter**


    Yes, they would stamp them! However, Brass...Bronze and Copper bars are usually much larger unless this bar was from the end of a smelting run. Like Doug, I suspect that it is Gold Bar of low purity and contains a high amount of Copper. Since many Gold Mines contain Copper and vice versa (many Copper Mines contain Gold), it is reasonable to believe that any Gold Bars produced in the early process of smelting, will contain fairly high amounts of Copper. Another thing to consider, is that after many years of laying in Sun baked ground (where high surface tmeperatures exist), the Copper in such a Bar will more than likely show much more due to being heated repeatedly which is somewhat similar to lower purity Gold Coins that have been heated.

    I think and hope that what you have is a Gold Bar but don't be surprised if it comes out being only 8kt to 10 kt purity! Still, if the Bar's maker can be identifed, when the Bar was produced and if it is old, it could still fetch a really high price at auction!


    Frank
     
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  3. SeabeeRon

    SeabeeRon Junior Member

    Sure hope it is the real deal, that would be an amazing detector find. :eek: I think I have seen you over on the Kinzli metal detecting site, have you posted it there to get some additional opinions? Good luck, hope it works out to be the real deal!!:kewl:
     
  4. BenjyH_2009

    BenjyH_2009 Senior Member

    thanks for the info, hopfully i go and get it tested this evening, how much would it be worth if its only 8 to 10 kt?
     
  5. BenjyH_2009

    BenjyH_2009 Senior Member

    lol yea i did post it over there and eveyone is waiting for me to go and get it tested
     
  6. krispy

    krispy krispy

    ditto, what are you waiting around for?
     
  7. weryon

    weryon World traveler - In Thailand

    About 3039.79$ for 8k and 3799.74$ for 10K this is with the spot price of 964.40$ per oz.
     
  8. BenjyH_2009

    BenjyH_2009 Senior Member

    im waitin for my dad to get home
     
  9. CentDime

    CentDime Coin Hoarder

    It appears to have a small amount of gold so is an amazing find, congrats.
     
  10. BenjyH_2009

    BenjyH_2009 Senior Member

    thanks, bestfind ever lol, who woulda thought id find a gold bar in a park lol
     
  11. huntsman53

    huntsman53 Supporter**


    Benjy,

    Research the background and history of the Park! Who knows, there may have been an old house, houses or other buildings on the site at one time dating back quite a few years. By knowing the history, one may be able to better theorize how the Gold Bar got there! In fact, there may be more Gold Bars, Silver Bars and coins buried in the general area where you found the Bar.


    Frank
     
  12. BenjyH_2009

    BenjyH_2009 Senior Member

    a part of a winery vineyard used to be there. the winery is still there but its now clovis recreation
     
  13. krispy

    krispy krispy

    unless you have conclusively searched the entire area, i would'nt give too many details of your find site yet, ok.:eek:hya: be careful if you didn't have permission to detect/dig and remove property there too. :thumb:
     
  14. BenjyH_2009

    BenjyH_2009 Senior Member

    ive searched that area about 7 times and that is the first time i found anything like that. and across the street there a big empty field by the old winery, i dont know y id need permission to hunt a public park lol
     
  15. andrew289

    andrew289 Senior Analyst

    There is no such thing as a public park. Most are owned by cities, counties and States and the care of the park comes from the communities tax dollars.
     
  16. BenjyH_2009

    BenjyH_2009 Senior Member

    thts a public park dude
     
  17. danisanub

    danisanub Finance Major

    I wouldn't mention where you got it, I'd say it was inherited. The local and state and federal government will tax it tax it tax it if you let it be known. Good find, I'd either bring it to a bullion dealer or ebay
     
  18. krispy

    krispy krispy

    As the previous response said, there are entities/institutions you have to seek permission from before digging around and removing property.

    Just some food for thought: you may especially draw attention to yourself and the nature of your finds and find you reasons for your digging questioned by others... and your actions could drive others to come and mistreat a park/site too. If you start sharing this find with too many people, esp given the potential value of your find you may be doing more harm than good. Always get permission particularly if you find stuff like this rather than lost jewelry or pocket change laying on the surface or woven into the grass/weeds. Removing sensitive cultural property in an archaeological sense is also damaging to the site and a communities collective property and/or identity. Just know the rules and exercise care and respect for the site. :)
     
  19. danisanub

    danisanub Finance Major

    Krispy's got it right. I say sell it and put half of it in gold bars from credit suisse and the other half into a college fund for yourself.
     
  20. pappy-o

    pappy-o coinoisseur

    Good luck !
     
  21. tularetokens

    tularetokens Junior Member

    Get that sucker tested Benny, We are all waiting on the Kinzli forum for answers!!!
    :hammer::hammer::hammer::hammer:

    Timmy
     
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