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submitted 5 months ago by to c/lemmyshitpost@lemmy.world
 
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[–] 40 points 5 months ago* (last edited 5 months ago) (7 children)

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.

Edit: The weight of the money doesn't matter as much as the denominaton here. A $1 bill weighs the same as a $500 bill, y'all. If gold is $145 per ounce, a 500kg pile of $500 or $1000 bills that weigh about 1 gram each is worth a lot more. If they are $1s, $5s, $10s, $20s, $50s or eveb $100s, take the gold. If they are $500s or higher, take the cash.

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  • [–] 10 points 5 months ago (2 children)

    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.

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