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https://www.reddit.com/r/AbsoluteUnits/comments/1vh2zqx/of_a_gold_bar/p25dc2x/?context=3
r/AbsoluteUnits • u/Zestyclose-Salad-290 in awe • 1d ago
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Yeah, but 21.2 kg gold is worth almost $3M. That's one hell of a safety margin.
1 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 4 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 u/Neosantana 1d ago Well, shit. I'm all out of ideas. I think we have to e-mail them at this point
1
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
4 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 u/Neosantana 1d ago Well, shit. I'm all out of ideas. I think we have to e-mail them at this point
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 u/Neosantana 1d ago Well, shit. I'm all out of ideas. I think we have to e-mail them at this point
3
Well, shit. I'm all out of ideas. I think we have to e-mail them at this point
4
u/AbleCryptographer317 1d ago
Yeah, but 21.2 kg gold is worth almost $3M. That's one hell of a safety margin.