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Kristen H

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How can you liquidate gold coins and other money into gold bars?

This is for research for a novel I'm working on. Can anyone tell how how you liquidate money into gold bars and how much one gold bar is worth and weighs? I appreciate it.

• 4 years ago

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by J D

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April 09, 2006

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Your novel will be interesting if you study gold and diamonds and jewelry crime more.

A clue for you; In asia, for example Thailand, gold rings have no prices in the store. When you pick out something to buy, they put it on a digital scale and get the price that way. So for them, gold works more like money.

• 4 years ago

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• by John K

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  Gold bars would be more suspicious than coins. And since bars come in different sizes, I don't know if there's a good answer.
  
  In Kirosawa's movie Hidden Fortress, they have an interesting way to smuggle hidden gold.

  • 4 years ago

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• by Anastasi...

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  This makes no sense, as the gold coins are worth more than their weight of gold. You would actually be losing money to melt down a gold coin (which is NEVER pure) and filtering out the additives to give you the 99.9% purity required in a gold bar.
  
  Most gold bars used as commodity come in a lot of different sizes...http://www.usagold.com/gold/coins/bars.h…

  • 4 years ago

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