Take bullion delivery fast

Numismatic News ^ | December 8, 2014 | Pat Heller

[Red Badger]

I quit watching the shows when that came out. It’s fake.................

[joe fonebone]

wait a minute..

“go ahead, pay me for it and i will hold it for you...
you can get it whenever you want, WE PROMISE...”

and people are still falling for this scam???

P T Barnum said there is a sucker born every minute..

well, that saying is false, there are actually HUNDREDS of suckers born every minute, and all you gotta do is find one..

no sympathy for the sucker crowd..

[The_Republic_Of_Maine]

That small. Thanks for the info, for while I was hoping otherwise, your answer is what i needed to know.

[Red Badger]

BEWARE of ANY SIZE!.........................

[The_Republic_Of_Maine]

We have always used Kitco.com, any reason, you know of to fear them?

[exit82]

They have ultrasound testing equipment that can readily detect if there is tungsten in the bar.

I would caution that folks stay away from Morgan/Peace dollars as well—many Chinese counterfeits, even in “circulated” grades.

[Red Badger]

Don’t know them....................8^(

[The_Republic_Of_Maine]

Thanks, your post have been of great interest to my dad and I. We are not in stocks, bonds and worthless paper, but we are into gold, silver, guns, ammo, land and other tangibles.

This week we will start weighing all of our gold coins, bars, etc. Long job, but better to know now than after the SHtF.

[Red Badger]

Hope your gold is pure and hope you have a very,very fine and accurate scale. Tungsten and Gold are very close in weight.....................

[The_Republic_Of_Maine]

I will tell you what we have done, to verify the purtity, after we are done.

Thank you for bringing this to our attention.

[Red Badger]

From Wiki:

The exclamation ‘Eureka!’ is famously attributed to the ancient Greek scholar Archimedes. He reportedly proclaimed “Eureka!” when he stepped into a bath and noticed that the water level rose—he suddenly understood that the volume of water displaced must be equal to the volume of the part of his body he had submerged. (This relation is not what is known as Archimedes’ principle—that deals with the upthrust experienced by a body immersed in a fluid.[2][3]) He then realized that the volume of irregular objects could be measured with precision, a previously intractable problem. He is said to have been so eager to share his discovery that he leapt out of his bathtub and ran through the streets of Syracuse naked.

Archimedes’ insight led to the solution of a problem posed by Hiero of Syracuse, on how to assess the purity of an irregular golden votive crown; he had given his goldsmith the pure gold to be used, and correctly suspected he had been cheated, by the goldsmith removing gold and adding the same weight of silver. Equipment for weighing objects already existed, and now that Archimedes could also measure volume, their ratio would give the object’s density, an important indicator of purity.

This story first appeared in written form in Vitruvius’s books of architecture, two centuries after it supposedly took place.[4] Some scholars have doubted the accuracy of this tale, saying among other things that the method would have required precise measurements that would have been difficult to make at the time.[5] Galileo Galilei himself weighed in on the controversy, suggesting a design for a hydrostatic balance that could be used to compare the dry weight of an object with the weight of the same object submerged in water.[6] For the problem posed to Archimedes, though, there is a simple method which requires no precision equipment: balance the crown against pure gold in air, and then submerge the scale with crown and gold in water to see if they still balance.[7]