bought 10oz minted bar, but corners are shaved

Discussion in 'Gold' started by duplo, Jan 9, 2011.

  1. duplo

    duplo New Member

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    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!

    [​IMG]
     
  2. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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    I've always thought that Suisse bars are overrated. Perth Mint are much better in my opinion.
     
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  3. heartastack

    heartastack Well-Known Member Silver Stacker

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    My 100oz Perth Mint bar is also shaved on all corners... maybe overpoured?
     
  4. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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    It's pretty normal for them to over pour and shave back.
     
  5. chimpanchu

    chimpanchu New Member

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    Mint bar is not poured, that is cast bar. Mint bar is machine cut.
     
  6. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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    Perth Mint 100 oz bars come in both poured and minted forms.
     
  7. duplo

    duplo New Member

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    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.
     
  8. Guest

    Guest Guest

    A 10oz Gold bar. I think I'm in love!

    Do you sleep with that under the pillow? I think I would... ;)
     
  9. duplo

    duplo New Member

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    haha i wish, it's so nice - fondled it for a while, but now it's locked away :(
     
  10. lakesentrance

    lakesentrance Member

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    Me too
     
  11. chimpanchu

    chimpanchu New Member

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    You'll get a bruise on your head when you wake up in the morning.
     
  12. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    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.
     
  13. peteredward

    peteredward New Member

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    well if u gotta lose an eye this sounds like the classiest way to do it...
     
  14. bungo

    bungo Member

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    I'd love to be the OH&S assessor!
    "So how did you poke out your eye, again? On a gold brick? Seriously?"
     
  15. President Trump

    President Trump Active Member Silver Stacker

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    If you were still sleeping with it under your pillow, the corner might help you deal with the thieves.
     
  16. TreasureHunter

    TreasureHunter Well-Known Member

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    Did you say 100 oz? :D
     
  17. Silverling

    Silverling Well-Known Member Silver Stacker

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    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.:)

    upload_2020-4-14_6-14-38.png
     
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  18. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    Would've been $28000 if the bar was not shaved off...:mad:
     
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  19. TreasureHunter

    TreasureHunter Well-Known Member

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    26,850 $ is way above spot price. How come? Collectors pay well over spot? :D

    It is worth <16,000 $ according to spot. Still, a nice price and there's a nice 2,000+ $ gain.
     
  20. Silverling

    Silverling Well-Known Member Silver Stacker

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    Sorry my friend, that's in Australian dollars which is spot. Cheers.
     
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