Posted on 03/02/2015 8:51:09 PM PST by Redcitizen
Lesseee. 275 lbs is 124738 grams. Gold is 19.3g/cc. So that's 6463.11 cc. Or 394.4 cubic inches of gold.
So, if the ingot is 9" by 9", that means it's 4.87" thick. Don't drop it on your foot!
We sometimes would get shipments of gold moving through my office, maybe the size of a shoebox. It presented the opportunity to tell some unsuspecting employee to go pick up the package and bring it over to us. We were waiting for the astonished expression when they could barely move it, but then we were easily amused.
Your calculation looks right. If you get the chance to handle gold in quantity the surprising thing is always how very heavy it is. You’ll never again believe a movie that has someone pick up a gold bar and run away with it.
Much less picking up the gold box and tossing it off the train!
It looks as though you are calculating in avoirdupois weights. Gold is measured in troy weight. 275 troy pounds is about 225 avoirdupois pounds, or just over 100 kilograms. The volume of the gold would be a bit more than 5 liters, or about 310 cubic inches, so a 9X9 ingot would be not quite 4” thick.
Pardon the imprecision, but I don’t have a calculator handy, so the numbers are in-the-head estimates.
There's also a tale about thousands of tons of gold supposedly held by the Fed in NYC for Germany. Ludicrous tale.
Going at a different way, the article quotes the value of the gold at $4.8m. Gold right now is running around $1200 per troy ounce. So, that's 4000 troy ounces, or 4389 regular ounces, or 274 regular pounds, or 333 troy pounds, there being 12 troy ounces per troy pound.
The next part of the calculation is volume. 4389 avoirdupois ounces is 124426 grams. Dividing by gold's density 19.3g/cc, we get 6447 cc of gold, or 393.4 cubic inches. So, if two of the ingot's dimensions are 9", then the third is 393.4/81 = 4.86".
Pardon the imprecision, but I don’t have a calculator handy, so the numbers are in-the-head estimates.
I just use Google. It recognizes expressions and unit conversions and gives the answers up top. E.g., type in 4000 troy ounces in pounds, and back comes the answer 274.285714 pounds.
We could finance the freepathon for a few quarters with that much gold.
You probably know better than me what stream contains brown trout. A search of Google map may help you narrow it down as to the general location. It would be awesome to find it.
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