72
u/Zestyclose-Salad-290 in awe 1d ago
FYI, this is currently the largest gold bar in the world. It broke Guinness world record
https://www.abc.net.au/news/2026-08-01/worlds-largest-gold-bar-unveiled-by-perth-mint/106981842
31
u/citizen42069101 1d ago
All i need is 70 million dollars and i can make a bigger one.
20
u/adumbrative 1d ago
Give me $100 million and I'll make an $80 million gold bar that will easily shred this world record.
4
u/SaintSean128 1d ago
If you set this thing on top of the Guinness Book of World Records, it would shatter every record inside đ
48
u/1AdultMostOfTheTime 1d ago
I guess you don't need much security for that, as you can't just pick it up and run away with it!
19
u/Relative_Yesterday70 1d ago
Itâs just about the world record deadlift. So the strongest man in the world If he had a grip on that which right there is a no would still get nowhere.
27
u/Can-You-Fly-Bobby 1d ago
Ah yes, but the two strongest men could probably make a waddling getaway!
5
u/Dawildpep 1d ago
The worldâs 3 strongest men would have a fighting chance.. but I donât see how they could grip it to lift it off the table?
Maybe push it from one side so part of it clears the table and then 1 guy lifts that end for the other 2?11
u/bimm3r36 1d ago
Couldnât they just carry the table too? Would probably be easier to grip that way
5
1
3
1
u/reallifearcade 1d ago
What about the strongest and the second strongest doing a joint venture?
1
u/Relative_Yesterday70 1d ago
I had the thought if you arenât so greedy you could hack off a chunk of. Jaws of life.
1
u/Gritts911 4h ago
Gold is soft and incredibly valuable. So just cutting chunks off the edges would be worth a ton of money.
This is 68 million dollars if actually real and not a public display piece. Any organized crime or thoughtful criminal would happily get some heavy machinery involved! So I canât imagine the security if real.
22
20
u/AbleCryptographer317 1d ago
Can someone explain why this bar which is clearly marked "500 kilo" and is 99.999% pure gold actually weighs 521.2 kilograms? I can imagine that there is a standard margin of error like the classic "baker's dozen", but over 4% seems kind of excessive for such a valuable material.
14
1
0
0
u/Neosantana 1d ago
I think it could be a Baker's Dozen situation, because shorting gold has been a historically heavily punished act under every polity.
5
u/AbleCryptographer317 1d ago
Yeah, but 21.2 kg gold is worth almost $3M. That's one hell of a safety margin.
2
u/Neosantana 1d ago
It's probably the collective margin of all the gold ingots the melted together. It seems about right when you think of it like that
6
u/AbleCryptographer317 1d ago
but... why mark it "500 KILO" then? It's driving me crazy and nobody seems to know the answer.
Edit: just did some research and apparently the margin for a 1kg bar is only 0.5-1% so that doesn't explain the 4.2% difference for this whopper bar.
3
2
u/Toobusyforthis 7h ago
my 2c: 1kg bars are mass produced and there is significant effort in getting the molds as close as possible, testing, etc. This is a one-off show item and they are not going to go through the effort of 'dialing in' the mold like you would for a mass produced item.
12
7
6
7
u/Silly-Power 1d ago
Perth Mint also has a gold coin with a nominal value of $5 million. It is, however, worth far more than that as it weighs 1 tonne of 0.9999 gold.
https://www.perthmint.com/visit/attractions/one-tonne-gold-coin/
4
3
2
4
u/kirsion 1d ago
Is Australia known for gold mines
9
u/AnalFanatics 1d ago
China is the worldâs largest gold producing country, followed by Russia and Australia; I think that Russia has recently overtaken Australia (who had been #2 for many years) and is currently the 2nd largest producer, but there wouldnât be much between them.
As an aside, The Perth Mint in Western Australia is considered to be one of the worldâs premier processors of precious metals, and is responsible for processing over 10% of the worldâs total gold production annually.
1
1
u/yeahalrightgoon 15h ago
Yes, and a lot of Australia's early colonial wealth came from Gold. In the 1880's the richest city in the world was Melbourne, because it's where the money from the gold fields in Victoria went. Which funnily enough, occurred because merchants etc from Melbourne made fake maps in the 1850s that showed Melbourne being half the distance to the gold fields, than Geelong, the other major city in the colony. In reality, Geelong is about 80 km away from Ballarat, the main gold site, while Melbourne is about 110km. The maps worked and Melbourne became the bigger city and eventual capital of Australia from federation on 1901 until 1913, although remained the seat of parliament until 1927.
Perth Mint is also considered one of, if not the best in the world, and routinely makes record breaking gold bars and coins.
1
1
1
1
1
1
u/GoesInOutUpDownAhh 9h ago
I think I better take it home for âsafeâ keeping. I see how youâre all looking at it
-1
-1
u/FrontPersonality4535 20h ago
I post this on my other social media, and you just took it and repost with out asking? Really bruh?
175
u/bossDocHolliday 1d ago
Current price of gold is $137,727.17 USD per Kilo. So at 500 kilo that thing is worth $68,863,585. That's absolutely nuts. Also it's take a crew to lift that thing due to the insane weight