hey guys, i just bought a 10oz PAMP bar and some of the corners look like they've had some of the gold shaved off or have been worn down or something. Is that normal? What do you reckon it's from - someone testing the gold or something? I weighed it and it was 311 grams, so i don't feel like i've been ripped off or anything, I'm just wondering why it might be like that. Spoils the looks of a good bar if you ask me!
Yeah, this is a pamp bar though and is minted, so i dunno why they'd need to shave the corners to adjust the weight.
It's probly a OH & S thing so some numbnuts doesn't poke their eye out and sue them adding to the list of law suits made by people that should be removed from the genepool.
I'd love to be the OH&S assessor! "So how did you poke out your eye, again? On a gold brick? Seriously?"
If you were still sleeping with it under your pillow, the corner might help you deal with the thieves.
This is an old thread dating back to January 2011. The price of gold then was around $1,375 AUD. So that 10 oz bar cost $13,750. Fast forward 9 years + the price is $2,685 AUD per oz. So this 10 oz Gold Bar is now worth $26,850. Nice tidy profit showing almost double. I wonder if the OP sold it or not. It's a pretty good darn investment for this time frame.
26,850 $ is way above spot price. How come? Collectors pay well over spot? It is worth <16,000 $ according to spot. Still, a nice price and there's a nice 2,000+ $ gain.