What denomination are the bills and how much does each brick of gold weight? Cuz I mean, if the bills are high enough, like $5000s they might be worth more than the gold.
Title
Submitted 8 hours ago by Buage_@piefed.social to [deleted]
https://media.piefed.social/posts/3Q/94/3Q94h1UMgw5LU6h.jpg
Comments
Kolanaki@pawb.social 3 hours ago
josephc@lemmy.ml 2 hours ago
A US $1 weighs 1g according to a random website I found on the Internet. I tested and it’s close enough.
As of today 2026/06/02, a gram of gold is worth about $140 assuming it’s minted and the purity is known.
That honestly surprises me. It means that gold and bills (assuming c-bills) are within an order of magnitude of each other.
Worst case with bill denominations: half a million. Best case with bill denominations: 50 million dollars.
Worst case with gold: $140/g less 10% worst case for verification and bulk buy discounts. $120/g ballpark. $60 million. Best case with gold: ~$70 million dollars upper bound for known minted purity.
So gold has the highest potential return but also the highest overhead.
I’d probably go gold. Even if I lost 50% due to overhead, I’d be able to pay my mortgage and my brother’s student loans and for my mum to live in a nice place.
Honestly, any of them would be a life changing amount of money.
stoly@lemmy.world 1 hour ago
I didn’t do the math but concluded that gold was the better value but harder to handle.
_stranger_@lemmy.world 3 hours ago
78ish million for the gold, and 50 Million for the money.
Themosthighstrange@lemmy.world 2 hours ago
a hundred dollar bill weighs a gram and is worth $100, a gram of gold is worth $145. However you’ll pay income tax on the gold profit when you sell to get your cash.
beepbeeplettuce@lemmy.dbzer0.com 31 minutes ago
To be fair, I don’t know exactly how we’re getting this cash, but chances are it’s also taxable. Maybe you could get away with it, but that’s a lot of millions to hide.
Calfpupa@lemmy.ml 1 hour ago
Thats why you borrow against it :)
IzzyJ@lemmy.world 2 hours ago
You can see they’re in 100s
deranger@sh.itjust.works 8 hours ago
Bills weigh 1g, and 1g of gold is >$100, so I’m going with gold.
A_Union_of_Kobolds@lemmy.world 8 hours ago
Around $140/gram currently for those curious
Asafum@lemmy.world 7 hours ago
So then, however disgusting the thought, if they do make the trump $250 bill then that would be the only case where taking the cash is the better deal (putting ease of use for gold vs bills aside)
socsa@piefed.social 7 hours ago
But the cash is more liquid. Selling $70M worth of gold is a hassle and would invite unwanted attention. $50M in cash you can spend right away.
red_bull_of_juarez@lemmy.dbzer0.com 7 hours ago
Cash in this day and age is a huge pain in the butt. Sure, you can get groceries and some tech. But buying a house or even a car or pay for services? Impossible to very inconvenient. Even just paying for everything in cash will be a problem if you ever get audited. You’d need to launder the money somehow and at that point you can also take the gold.
OwOarchist@pawb.social 7 hours ago
$50M in cash you can spend right away.
Maybe the bank won’t be too curious, but the IRS will definitely notice.
adarza@piefed.ca 2 hours ago
wolframalpha says the gold is worth about $22m more, but it’s a no-brainer. gimme the cash. the extra ‘value’ in the gold is not worth the extraordinary measures needed to deal with it.
billwashere@lemmy.world 1 hour ago
Yeah by my calc a 1kg of $100 bills is about 100K, but the kg of gold is roughly $140k-150K (I just checked and its $144K)
But then I’d have to sell the gold…
Catoblepas@lemmy.blahaj.zone 7 hours ago
So only go with bills if they’re in denominations >$100. I guess this would work better with euros.
TheTechnician27@lemmy.world 7 hours ago
I agree: you’d probably pawn the gold off to some billionaire for some nominal amount less than its face value. (Would the government would let you as a private citizen just sell them like $70 million in gold?) I’m assuming this is legal, in-the-clear, and it doesn’t matter if we assume it was created out of thin air.
I say “less than” because the buyers know you probably lack connections and just want it gone ASAP so you’re not robbed or worse. Still, whatever percentage hit you take can’t be anywhere near the 40% difference between the cash and the gold.
gigastasio@sh.itjust.works 8 hours ago
Too metric. Can I get that weight in cheeseburgers please?
hOrni@lemmy.world 7 hours ago
Ok. 500 kg of dollars, 500kg of gold or 500kg of cheeseburgers. Which do You choose?
Precooked weight if that matters.
sundray@lemmus.org 7 hours ago
Are those Troy kilograms? 🤔
Sludgeyy@lemmy.world 3 hours ago
Gold would be given in troy ounces
gigastasio@sh.itjust.works 2 hours ago
I’ll accept troy cheeseburgers.
Evil_Shrubbery@thelemmy.club 7 hours ago
Semi_Hemi_Demigod@lemmy.world 6 hours ago
It’s 500 gold bars about the size of an iPhone 6
TommySoda@lemmy.world 8 hours ago
But steel is heavier than feathers…
DarrinBrunner@lemmy.world 8 hours ago
0ops@piefed.zip 4 hours ago
Valmond@lemmy.dbzer0.com 7 hours ago
Drop it on your foot to see…
lobut@lemmy.ca 6 hours ago
Only if you can live with you’ve done to those poor birds.
csolisr@hub.azkware.net 7 hours ago
And now you nerdsniped me into finding the value density of a dollar bill, which is roughly 1 gram, which makes a kilogram of dollars be worth some $1000 USD. Which still pales in comparison to the value of a kilogram of gold by at least a factor of 40-to-1spacehulk@lemmy.zip 7 hours ago
So, i know the post says “us dollars” but if it was hundred dollar bills, then the best value goes back to the paper, doesn’t it?
csolisr@hub.azkware.net 7 hours ago
I had forgotten that the US dollars didn't require being in 1 USD bills. Yeah, using 100 USD bills could make the value better than gold's, as long as it sells below $100,000 USD per kilogram
Diddlydee@feddit.uk 8 hours ago
I’d take either and be happy.
BananaOnionJuice@lemmy.dbzer0.com 7 hours ago
Yes one or the other, or half of each I won’t complain.
Evil_Shrubbery@thelemmy.club 6 hours ago
That runs Gabe’s yacht for about 6 months.
What, are you like a normal person or something?
(/s)
MeatPilot@sh.itjust.works 6 hours ago
What about… 500 kgs of Bitcoin?
Viceversa@lemmy.world 3 hours ago
What about 500 kgs of your momma!
EmpathicVagrant@lemmy.world 2 hours ago
Damn. Now that’s a lotta momma.
sundray@lemmus.org 7 hours ago
I’d probably take the cash since I don’t know how to turn gold bars into money. It’s never come up before!
Evil_Shrubbery@thelemmy.club 6 hours ago
Find your local CIA agent, exchange the gold for cocaine, go to you local financial district, exchange the cocaine for stocks, sell them immediately at double the price (that’s just how the market works when all are motivated by greed), pay capital gain taxes, cash out at a local bank that will charge you like 10% in fees (+10% for the local FBI agent that doesn’t want to believe), weight the money, it’s exactly 107 bald eagles.
sundray@lemmus.org 6 hours ago
zod000@lemmy.dbzer0.com 6 hours ago
It hasn’t come up for me either. What a weird coincidence!
Treczoks@lemmy.world 7 hours ago
One gram of X Dollar notes is worth X Dollar, as a Dollar note weighs one gram.
One gram of gold is somewhere close to 150 Dollar.
So with 100 Dollar or smaller notes I would take the gold, but there are also 500, 1000, 5000, and 10000 Dollar notes…
dharmacurious@slrpnk.net 3 hours ago
First off, it feels fully wrong to hear about “US notes” instead of bills. I know they are notes, but it feels like hearing someone say exclamation mark instead of point or vice versa. One feels natural to some people, the other for others. Just feels so weird.
Also, depending on how you’re obtaining these 500kg of US notes, anything above 100 dollar bills is basically just for bank transfers and you’ll have a helluva time using it for anything if it wasn’t obtained legally. They’re tracked pretty well. The vast majority of Americans don’t even know they exist, I’d say, and have surely never seen one.
Kaligalis@lemmy.world 6 hours ago
I take the gold. I like shiny gold and dollar bills would look stupid in my hoard.
IvyisAngy@lemmy.world 7 hours ago
Selling shit is a nightmare, fuck the pound-to-value maths, just give me the money.
UnspecificGravity@piefed.social 7 hours ago
If you get a big pile of money you have to pay taxes on it immediately and then you only get interest on what is left over after you got tax. If get a big pile of gold you don’t pay taxes until you sell it, and in the meantime you benefit from any increase in value since then.
Evil_Shrubbery@thelemmy.club 7 hours ago
Yeah, but the volume of 500kg of monies is like 19× larger!!
Then again … 500kg of gold is just under 26 litres which would mean I can finally cast my favourite Bad Dragon product.
UnderpantsWeevil@lemmy.world 7 hours ago
What’s the conversion to cocaine?
peteypete420@sh.itjust.works 7 hours ago
Cash, the value be dammed. Im not trying to sell fucking gold. Im not a fucking merchant
AllNewTypeFace@leminal.space 7 hours ago
If the gold is in an accepted standard form, such as krugerrands, you just need to find a precious metals dealer. If it’s just a pile of gold, then there’s a lot of hassle. I imagine ingots of the sort national gold reserves hold would be somewhere in between.
Shifting a large quantity of gold may require a non-optional explanation of its provenance, with “I woke up and it was just there” or “a genie gave it to me after I did an online quiz” not being adequate, and an inadequate explanation resulting in its forfeiture if not more serious legal hassles. With a large pile of gold and no good explanation, you may be reduced to smurfing small pieces of it to different dealers, moving around a lot and avoiding the attention that such a pile would inevitably draw.
ShellMonkey@piefed.socdojo.com 6 hours ago
People like Al Capone would have a few things to say about unverified sources of wealth in any form. Pretty sure if I show up at a car dealer with a briefcase of bills it’ll raise a few questions too.
Mac@mander.xyz 2 hours ago
You don’t think you’ll be investogated for a massive gold transaction?
Mouselemming@sh.itjust.works 6 hours ago
Besides, you never know when the FBI might show up.
www.msn.com/en-us/news/crime/…/ar-AA24htDu