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re: Guy buys Iraqi T-54 tank and discovers gold bars

Posted on 4/12/17 at 10:27 am to
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57015 posts
Posted on 4/12/17 at 10:27 am to
quote:

It is hard to move gold bars


its hard to move gold bars at full current value. you have to do it as scrap gold and you have to pretty much take a sledge to it for a while.
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 4/12/17 at 10:28 am to
quote:

its hard to move gold bars at full current value. you have to do it as scrap gold and you have to pretty much take a sledge to it for a while.


I'm sure you could find a stupid rich guy or crooked jeweler to buy gold bars from you for 80% their value.

You know, guys that already have gold bars and would just be added to their stockpile.

ETA:

Are gold bars all registered or something? I've seen a few that had no markings, so I didn't believe they were.
This post was edited on 4/12/17 at 10:29 am
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
139218 posts
Posted on 4/12/17 at 10:28 am to
quote:

Wolfhound45


GOAT movie
Posted by ChewyDante
Member since Jan 2007
17232 posts
Posted on 4/12/17 at 10:29 am to
quote:

as opposed to, say, the frickING TANK they just bought!


I think their concern there was full auto weapons. You don't want to be in possession of full auto weapons that aren't registered in this country, so I feel them on that. But I'd have destroyed that footage and stashed those bars as soon as I realized what it was.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
37470 posts
Posted on 4/12/17 at 10:30 am to
He probably found 25 bars and reported that he found 5.
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 4/12/17 at 10:30 am to
quote:

He probably found 25 bars and reported that he found 5.



This would be a terrible idea.

Because obviously this will be suspected and you may be monitored. The best case would be tell absolutely fricking no one for years.

Posted by ChewyDante
Member since Jan 2007
17232 posts
Posted on 4/12/17 at 10:31 am to
Kelly's Heroes > Three Kings
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
59449 posts
Posted on 4/12/17 at 10:31 am to
How do you sell gold for a loss when it was free? Yea maybe under market value but you aren't taking a loss by selling them.
Posted by llfshoals
Member since Nov 2010
21034 posts
Posted on 4/12/17 at 10:31 am to
quote:



its hard to move gold bars at full current value. you have to do it as scrap gold and you have to pretty much take a sledge to it for a while.
Wouldn't be that difficult, 24k gold is pretty soft
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481186 posts
Posted on 4/12/17 at 10:31 am to
quote:

I think their concern there was full auto weapons. You don't want to be in possession of full auto weapons that aren't registered in this country, so I feel them on that. But I'd have destroyed that footage and stashed those bars as soon as I realized what it was.

pretty sure this story is from the UK

you don't want to be found with ANY guns in teh UK
Posted by zatetic
Member since Nov 2015
5677 posts
Posted on 4/12/17 at 10:33 am to
Or just smelt it. For fricks sake, you can afford to buy the equipment if you have bars of gold
Posted by ChewyDante
Member since Jan 2007
17232 posts
Posted on 4/12/17 at 10:34 am to
quote:

pretty sure this story is from the UK 

you don't want to be found with ANY guns in teh UK


Right.

American authorities would probably cut you a break after hearing the story. UK would probably hang you.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
96242 posts
Posted on 4/12/17 at 10:35 am to
quote:

It is hard to move gold bars,




Gold sells at spot price almost everywhere. Melt that shite down to bits. Easy peazy, lemon squeezy.
Posted by TigerDeacon
West Monroe, LA
Member since Sep 2003
29900 posts
Posted on 4/12/17 at 10:35 am to
quote:

Kelly's Heroes > Three Kings


THIS
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
139218 posts
Posted on 4/12/17 at 10:35 am to
quote:

Kelly's Heroes > Three Kings


Why don't you knock it of with those negative waves
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57015 posts
Posted on 4/12/17 at 10:36 am to
quote:

I'm sure you could find a stupid rich guy or crooked jeweler to buy gold bars from you for 80% their value.


hence scrap value, and they will take less if its still in bar form. A gold bar or coin with standard markings is usually traded/sold at just a few points under current value. Scrap, much less

quote:

Are gold bars all registered or something? I've seen a few that had no markings, so I didn't believe they were.


usually, yes they are marked. as far as ownership registration, governmental and institutional bars are usually the only ones

This post was edited on 4/12/17 at 10:38 am
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481186 posts
Posted on 4/12/17 at 10:36 am to
quote:

Gold sells at spot price almost everywhere. Melt that shite down to bits. Easy peazy, lemon squeezy.

yeah exactly

if stone age man could melt down gold, i'm pretty sure i could handle it with some youtube

this isn't like diamonds or something
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 4/12/17 at 10:37 am to
quote:

pretty sure this story is from the UK

you don't want to be found with ANY guns in teh UK


For sure.

Question: How would an old money, good Englishman aqcuire a gun to go quail hunting at his country estate? Is it just a bitch to do so?


Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
481186 posts
Posted on 4/12/17 at 10:37 am to
i think you just have to register it and go through paperwork and regulatory hassles. you can legally own game guns for sure
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 4/12/17 at 10:38 am to
quote:

yeah exactly

if stone age man could melt down gold, i'm pretty sure i could handle it with some youtube

this isn't like diamonds or something


Quick ebay search finds a $375 for the entire gold melting equipment setup

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