Gold Bar

Discussion in 'What's it Worth' started by General_Godlike, Feb 22, 2008.

  1. General_Godlike

    General_Godlike Dept. of Transportation

    Ive been looking for about a day ...and I cant find anything on this. I know its gold ( 14k ?) but if you look where it says 1 oz what does the 63 mean? Also what price would you put on this. Detailed information would be great if you have it. I know its not a coin but from what ive been reading a lot of you guys and gals are very knowledgeable. Thanks in Advance
     

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  3. Pocket Change

    Pocket Change Coin Collector

  4. General_Godlike

    General_Godlike Dept. of Transportation

    Yeah but a little difference....his is a gram. so is mine a 1 oz?
     
  5. huntsman53

    huntsman53 Supporter**


    The eBay Seller's ingot has 1 Gram wrote on it and your's says 1 oz., so i would say that your's is a 1 oz. ingot! As for the 63, I have no idea!


    Frank
     
  6. hontonai

    hontonai Registered Contrarian

    The "583.3 fine" indicates that it is 14 karat gold (14/24=.58333333333333333333333333+). It's bullion value is ~$550. Credit Zurich is a prolific Swiss producer of small gold ingots and the imprint adds little or nothing to the cash value of the bullion.

    About the "63", I agree with Frank.
     
  7. Treashunt

    Treashunt The Other Frank

    Fellas, I have got to disagree with the presumption that it is a one ounce bar.

    reasons:
    1) It is a charm, that would be one REALLY heavy charm, and the loop would have to be massive for that weight.
    2) the 1.0 is over 63, with a line inbetween, denoting a fraction, or 1/63 of an ounce.

    sorry but I calculate that as 14 kt x 925 an ounce = $539.58 an ounce (of 14 kt) X 1/63 = $8.56 of gold.

    [Note: why 63? I don'r know it doesn't work for grams either.]


    I found one of these (tiny) bars once with my detector, but in silver, and it is very tiny.

    General: What is the measurement? (length & width)
     
  8. General_Godlike

    General_Godlike Dept. of Transportation

    gold

    3.4 inch long by 3/8 of an inch. not sure of that helps.
     
  9. gxseries

    gxseries Coin Collector

    Just weigh the bar and see how heavy it is. It shouldn't be any heavier than 3 grams ish if it's really an ounce over 63 which is about 1/2 grams or so.
     
  10. Magman

    Magman U.S. Money Collector

    it could be 10/63
    which would be .158 of an ounce - which is almost 1/6 (duh)
     
  11. hontonai

    hontonai Registered Contrarian

    Waaaaaaaaaaaaaaaaaaaay too small to be a full ounce. The 1/63 theory seems to be verified.

    Weight will be the final confirmation. The marking probably refers to the full weight of the ingot, in which case it should be .493g (.5 on all but the most precise scientific scales).

    ONE POINT ZERO over 63 can not equal 10/63 in this universe.
     
  12. Treashunt

    Treashunt The Other Frank

    See hontonai's note.

    1/63 = .016
     
  13. Magman

    Magman U.S. Money Collector

    calm down sir.
    The photo is rather blurry. All I was suggesting is that the point was just a speck, since I cant tell.
    but now I see its part of it.
     
  14. hontonai

    hontonai Registered Contrarian

    Doh! Just realized the explanation for the "63" - one half of a gram very closely approximates 1/63 of a troy ounce.
     
  15. WmsJewelers

    WmsJewelers New Member

    There are 31.10546 grams per oz. So roughly 1/63 would be .6 grams.
     
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