Radditz68 Posted June 8, 2010 Report Share Posted June 8, 2010 I have seen these gold bars on ebay.. how real are these 24k bars? example: http://cgi.ebay.com/1-Troy-oz-Ounce-24K-Gold-100-Mills-999-Fine-Bullion-Bar-/280517784739?cmd=ViewItem&pt=LH_DefaultDomain_0&hash=item415029b4a3 Link to comment Share on other sites More sharing options...
aszone Posted June 8, 2010 Report Share Posted June 8, 2010 I have seen these gold bars on ebay.. how real are these 24k bars? example: http://cgi.ebay.com/1-Troy-oz-Ounce-24K-Gold-100-Mills-999-Fine-Bullion-Bar-/280517784739?cmd=ViewItem&pt=LH_DefaultDomain_0&hash=item415029b4a3Researching this a bit, I found an article which stated that 100 mills is 1/10 of a gram. According to my calculations, a troy oz., 100 mills gold bar would therefore be worth about $3.87 in gold content, assuming a gold price of $1200 oz. Link to comment Share on other sites More sharing options...
cvlav8r Posted June 8, 2010 Report Share Posted June 8, 2010 I have seen these gold bars on ebay.. how real are these 24k bars? example: http://cgi.ebay.com/1-Troy-oz-Ounce-24K-Gold-100-Mills-999-Fine-Bullion-Bar-/280517784739?cmd=ViewItem&pt=LH_DefaultDomain_0&hash=item415029b4a3It should be real gold. The problem is that they are usually over priced. Silver was the same way when I was looking recently. Link to comment Share on other sites More sharing options...
Radditz68 Posted June 8, 2010 Author Report Share Posted June 8, 2010 Researching this a bit, I found an article which stated that 100 mills is 1/10 of a gram. According to my calculations, a troy oz., 100 mills gold bar would therefore be worth about $3.87 in gold content, assuming a gold price of $1200 oz.wow, thats crazy!It should be real gold. The problem is that they are usually over priced. Silver was the same way when I was looking recently.Yeah I think last I looked siliver was at 17 dollars an oz, most the auctions are 24+ for an ounce of silver seen it go as high as 35. I usually try to find one around 17-23.01. I bought one bar last year for 14.95 (silver that is), and just recently started to get Dinars again when I thought I should give some bars a look see again. Link to comment Share on other sites More sharing options...
tony wilson Posted September 18, 2010 Report Share Posted September 18, 2010 Researching this a bit, I found an article which stated that 100 mills is 1/10 of a gram. According to my calculations, a troy oz., 100 mills gold bar would therefore be worth about $3.87 in gold content, assuming a gold price of $1200 oz. why would you want to buy that ? who would buy it back? 100mills is verry thin Link to comment Share on other sites More sharing options...
Snatcher Posted September 18, 2010 Report Share Posted September 18, 2010 You want a good deal on gold and silver or any precious metal try here... http://www.apmex.com/ Link to comment Share on other sites More sharing options...
BlueOrchid919 Posted September 18, 2010 Report Share Posted September 18, 2010 A mil is a measurement of thickness. 100 mils is simply metal that is gold plated to a 100 mil coating. Many precious metals are used to coat lesser value metals so that they have the appearance of the precious metal but at a MUCH lower cost. Those bars on ebay are simply replicas of the original REAL bars and/or coins. Hope this helps. Link to comment Share on other sites More sharing options...
Don Paul Posted September 18, 2010 Report Share Posted September 18, 2010 IF you bother to read the description it is very clear 'This is a beautiful mirrored finish 24kGold layered bar. Not solid gold. Link to comment Share on other sites More sharing options...
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