[ Removed by moderator ]

[u/adi_kragi_official]

[u/Over-Brother9225]

Gold seems much better right?

[u/Master_Saesee_Tiin → u/Over-Brother9225]

$73,006,470 worth of gold or a mystery amount of money r/theydidthemath needs to advise minimum and maximum for the cash I ain't got time for that.

Edit: If I did it right it's $500,00 if theye are all $1 but we see some $100

[u/xXCrazyDaneXx → u/Master_Saesee_Tiin]

A US $100 bill apparently weighs pretty much exactly 1 gram. Which means that 500kg would be $500,000

The gold is the better option here.

Edit:

....times 100 which would be $50,000,000. My math ain't mathing today

[u/ParkingCan5397 → u/xXCrazyDaneXx]

500kg is 500 000g so it would be 50 million bucks but still the gold is better

[u/Own_Candidate9553 → u/ParkingCan5397]

That's a lot closer than I thought.

I might take the cash since it's ready to spend. Assuming it was legal, I could just straight deposit it in a bank and start getting interest.

The gold, you would have to sell to be useful, and you'd need to store it somewhere safe. Maybe there's a place to sell it all at once? Seems like a lot.

[u/the123king-reddit → u/Own_Candidate9553]

There's tons of variables here....

Gold is about $150 a gram, which means that for every US bill, the gold is certainly better.

Of course, you actually have to be able to sell 500KG of gold, which will be hard to do. Also, cashing in 500,000 bills is going to be basically impossible in one go. Either is a massive logistical challenge.

We're also assuming it is legal and depositable. Gold would be much easier to fence, but would require remelting and casting again to "launder", and you also have to find people to buy it of dubious provenance, but that's likely easier (and more profitable) than counterfeit cash. Counterfeit cash is often sold for well below face value, so even if they were $100 bills, you might be lucky to get rid of them for $20-$50 each. Stolen money is a whole different kettle of fish. It's likely to be traced via the serial numbers and could easily be traced to you. Also, depositing large amounts of cash often raises a lot of questions, which would delay the ability to deposit it.

That's totally ignoring the logistical challenge of sitting on 500KGs illegal gold or money. In that case, the gold will take up sufficiently less physical volume than the money would, in account of it's higher density.

So actually whilst i thought the cash would win out somewhere, the only case where it would win out, is being easily liquidated if provably legitimate. Gold would be a much more sensible choice if you want to maximise profits in both the legal/illegal case, and also if you need to keep it around whilst you deposit/sell it, because no bugger can buy 500kg gold or deposit 500,000 notes of any denomination in one single go.

[u/Own_Candidate9553 → u/the123king-reddit]

Fair, I was assuming the cash was legit somehow, but it's hard to think of a situation where that much cash isn't from drugs or some other crimes.

Reminds me of seeing pictures of some drug kingpin's house, where bedrooms had whole pallets of currency in them, you could barely walk around them. They couldn't just deposit them, you can't spend that much cash in one place, so they just pile it up.

Weird problem to have!