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cbc58
08-04-2010, 08:53 AM
in terms of physical space?

if it was 1 oz coins and gold was \$1200/oz - that would be 5 stacks of 50 coins... but if you melt them down what would the cubic dimension be?

Seraphim
08-04-2010, 09:00 AM
in terms of physical space?

if it was 1 oz coins and gold was \$1200/oz - that would be 5 stacks of 50 coins... but if you melt them down what would the cubic dimension be?

Think about it like this. In a normal sized back pack you could easily store a million dollars in gold and not have any problems with the weight. Silver is a lot different, silver is a dense store of value and gold is extremely dense store of value.

I have a 25 ounce (25 coins) sleeve of silver coins for example. It is not very big. 50 of those would have no problem being put in my bag. say they were 1oz gold coins, your looking at 30 grand per sleeve. Do the math.

Bruno
08-04-2010, 09:05 AM
Dunno, but here's one 220 lbs.

http://i34.tinypic.com/2ch98at.jpg

MelissaWV
08-04-2010, 09:09 AM
in terms of physical space?

if it was 1 oz coins and gold was \$1200/oz - that would be 5 stacks of 50 coins... but if you melt them down what would the cubic dimension be?

1 Troy oz. ~ 1.61 cubic centimeters
250 Troy oz. ~ 402.5 cubic centimeters

To give you an idea, a Google search for 400 cubic centimeters brought me to crematorium urns:

Our large urn is approximately 400 cubic centimeters, and it will hold the cremains of two adults and float for 3 to 5 minutes before sinking.

...and to Anthropology websites on the subject of Australopith brains.

400 cubic centimeters is about the size of an Australopith brain (smaller than ours today; roughly the size of an ape's brain).

TonySutton
08-04-2010, 09:09 AM
An American Eagle is 32.7mm diameter and 2.87mm thick. If you stacked them in ten 25 coin stacks and arranged them in 2 rows of 5 stacks each the total size would be about 2.5 inches wide by 6.5 inches long and just under 3 inches high.

jfriedman
08-04-2010, 09:23 AM
I think the bars they have at the Fed Bank in NY are 400oz's. Think about a little bit over half that size would be 250oz's.

Seraphim
08-04-2010, 09:32 AM
in terms of physical space?

if it was 1 oz coins and gold was \$1200/oz - that would be 5 stacks of 50 coins... but if you melt them down what would the cubic dimension be?

Does this help?:

Largest gold bar

The world's largest gold bar at the Toi gold mine.The world's largest gold bar stands at 250 kg (551 lb), measuring 45.5 cm × 22.5 cm × 17 cm (17.9 in x 8.9 in x 6.7 in). It was manufactured by the Mitsubishi Materials Corporation, a subsidiary of Mitsubishi. It went on display at the Toi gold mine on July 11, 2005. It was valued in 2005 at 400 million yen (approximately \$3,684,000 USD at the time[4]).[5][6]

Look at the dimensions. That thing is worth over 10 million dollars. That should satisfy your curiosity...no?

cbc58
08-04-2010, 09:34 AM
Answer: 402 cm³ = 24.5315 in³

what would 24.5315 in³ be in a cube?

less than 3" square.... ? 2.725?

cbc58
08-04-2010, 01:35 PM
Someone calculated this and not sure if this is right: it would be a cube of 2.90684302 inches

So a 250 oz. cube of gold that size valued at \$1,200 oz. would buy a \$300,000.00 house and land. Hard to imagine.