this post was submitted on 03 Jun 2026
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Title (media.piefed.social)
submitted 8 hours ago* (last edited 8 hours ago) by Buage_@piefed.social to c/lemmyshitpost@lemmy.world
 
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[–] Kolanaki@pawb.social 14 points 3 hours ago* (last edited 2 hours ago) (4 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.

[–] josephc@lemmy.ml 4 points 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.

[–] _stranger_@lemmy.world 6 points 3 hours ago

78ish million for the gold, and 50 Million for the money.

[–] IzzyJ@lemmy.world 1 points 1 hour ago

You can see they're in 100s

[–] Themosthighstrange@lemmy.world 2 points 2 hours ago (1 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.

[–] Calfpupa@lemmy.ml 1 points 1 hour ago

Thats why you borrow against it :)

[–] peteypete420@sh.itjust.works 98 points 7 hours ago (2 children)

Cash, the value be dammed. Im not trying to sell fucking gold. Im not a fucking merchant

[–] AllNewTypeFace@leminal.space 41 points 7 hours ago (3 children)

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.

[–] Mac@mander.xyz 1 points 2 hours ago

You don't think you'll be investogated for a massive gold transaction?

[–] ShellMonkey@piefed.socdojo.com 14 points 6 hours ago (3 children)

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.

[–] wonderingwanderer@sopuli.xyz 5 points 3 hours ago

Yet another way society is biased against the poor. A rich guy shows up with a briefcase full of money and nobody bats an eye, it's just another day. A poor guy shows up with a briefcase full of money and then suddenly everyone starts asking questions, and if he doesn't have good enough answers he might get thrown in jail.

What if I mowed a rich guy's lawn and he gave me a really big tip? No, I don't remember his name. No, I didn't keep the address. It was over there somewhere, go that way, it's the big house with the mown lawn. You'll find it, just keep looking...

[–] Railing5132@lemmy.world 2 points 2 hours ago

US law requires any cash transaction of $10,000 or more be reported to the IRS/Treasury Dept. to include the federal tax ID # of both parties/entities, and the deposit accounts involved.

[–] Angryhumanoid@fedinsfw.app 1 points 4 hours ago

Depends on the dealership, heh

[–] stylusmobilus@aussie.zone 2 points 5 hours ago

a large pile of gold

That depends as well. Gold in specimen and nugget form can be worth considerably more than its value by weight and there’s plenty out there chasing these. These are not hard to move at all.

But yeah, there can be difficulties trading it and it’s generally subject to taxes. Quite often you need to be licenced as at least a fossicker if you’re selling unrefined gold as a prospector.

That’s without the pain in the arse process of separating it from impurities.

[–] deranger@sh.itjust.works 42 points 8 hours ago (5 children)

Bills weigh 1g, and 1g of gold is >$100, so I’m going with gold.

[–] adarza@piefed.ca 2 points 2 hours ago* (last edited 2 hours ago)

wolframalpha says the gold is worth about $22m more, but it's a no-brainer. gimme the cash ($50m). the extra 'value' in the gold is not worth the extraordinary measures needed to deal with it.

[–] socsa@piefed.social 20 points 7 hours ago (3 children)

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 16 points 7 hours ago (4 children)

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.

[–] wonderingwanderer@sopuli.xyz 1 points 3 hours ago

Would it raise as many questions if you inexplicably receive a priceless painting as a gift from an anonymous benefactor and then sell it on the legitimate market?

[–] UnspecificGravity@piefed.social 16 points 7 hours ago* (last edited 7 hours ago) (1 children)

Another critical difference:

If you got a million dollars in cash you were obliged to pay taxes upon receipt, and if you did not do so and you try to deposit it, you are going to get flagged for a tax audit and subject to criminal charges.

If you got a million dollars in GOLD you don't pay taxes until you sell it. So you can sit on it for years and then sell it and deposit it and you only pay taxes at that moment and have not broken the law in doing so.

Money is income, Gold is just gold until you turn it into money.

[–] red_bull_of_juarez@lemmy.dbzer0.com 6 points 6 hours ago (1 children)

Good point, but after a while someone would still want to know where the gold came from. Unless you sell it so slowly that it'd be barely useful to you.

[–] Themosthighstrange@lemmy.world 1 points 2 hours ago

"after a while someone would still want to know where the gold came from", five minutes after the cash has been exchanged, you'll be quickly forgotten about. You don't live in a damn csi episode

[–] CultLeader4Hire@lemmy.world 5 points 7 hours ago (1 children)

You’re saying I should open a car wash?

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[–] A_Union_of_Kobolds@lemmy.world 23 points 8 hours ago (1 children)

Around $140/gram currently for those curious

[–] Asafum@lemmy.world 12 points 7 hours ago (2 children)

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)

[–] Evil_Shrubbery@thelemmy.club 8 points 7 hours ago

WWII killed the 500 bill (that was gold-backed at the time) so now ppl have to smuggle gold.

[–] Smaile@lemmy.ca 1 points 4 hours ago

for a little while, yah ;)

[–] Catoblepas@lemmy.blahaj.zone 6 points 7 hours ago

So only go with bills if they’re in denominations >$100. I guess this would work better with euros.

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[–] gigastasio@sh.itjust.works 27 points 8 hours ago (4 children)

Too metric. Can I get that weight in cheeseburgers please?

[–] hOrni@lemmy.world 27 points 7 hours ago (1 children)

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 points 7 hours ago

Are those Troy kilograms? 🤔

[–] Sludgeyy@lemmy.world 1 points 3 hours ago (1 children)

Gold would be given in troy ounces

[–] gigastasio@sh.itjust.works 1 points 1 hour ago

I’ll accept troy cheeseburgers.

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[–] TommySoda@lemmy.world 22 points 8 hours ago (4 children)

But steel is heavier than feathers...

[–] MeatPilot@sh.itjust.works 6 points 6 hours ago (1 children)

What about... 500 kgs of Bitcoin?

[–] Viceversa@lemmy.world 1 points 3 hours ago (1 children)

What about 500 kgs of your momma!

[–] EmpathicVagrant@lemmy.world 1 points 2 hours ago

Damn. Now that’s a lotta momma.

[–] csolisr@hub.azkware.net 10 points 7 hours ago (3 children)

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-1

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[–] IvyisAngy@lemmy.world 6 points 7 hours ago

Selling shit is a nightmare, fuck the pound-to-value maths, just give me the money.

[–] sundray@lemmus.org 7 points 7 hours ago (2 children)

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 11 points 6 hours ago* (last edited 6 hours ago) (1 children)

Ez! 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.

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[–] Treczoks@lemmy.world 4 points 7 hours ago (1 children)

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 1 points 3 hours ago* (last edited 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.

ETA: I'm mistaken! Apparently those larger bills were legal tender, just rare. It's the 100k gold certificate that was only for bank transfers

[–] UnspecificGravity@piefed.social 4 points 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.

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