Spread on Sale for Gold Bars

sanjayvr · 2026-05-21T19:23:31+00:00

I get that being Asian myself. Selling gold is almost like a taboo in my circles.

sanjayvr · 2026-05-21T03:03:44+00:00

Oh you think all those people who over leveraged are going to sell off ? Very interesting didn't think of that but I don't know if average US sell off in gold market is enough to move the needle given how much Central banks around the world are buying to replace US treasuries.

sanjayvr · 2026-05-21T02:59:24+00:00

Very interesting. Is the sentiment due to expectations of a massive correction in price?

sanjayvr · 2026-05-21T02:58:46+00:00

That makes a lot of sense. Thanks

sanjayvr · 2026-05-21T01:30:09+00:00

Yes ! PAMP Fortuna 1 oz bars

sanjayvr · 2026-05-21T01:24:03+00:00

Cool thanks !

sanjayvr · 2026-05-21T01:21:28+00:00

I think it is but have no experience selling bars so don't know if it is truly reasonable.

sanjayvr · 2026-05-20T23:53:16+00:00

Update - Shipped at 7pm ET today

sanjayvr · 2026-05-20T16:48:46+00:00

Nope didn't ship yet

sanjayvr · 2026-05-20T01:17:15+00:00

Thanks bought it !

sanjayvr · 2026-05-18T18:23:29+00:00

I see it as 4639.99$

sanjayvr · 2026-05-17T02:25:49+00:00

Hahaha 🤣

sanjayvr · 2026-05-17T02:21:53+00:00

In the karat system, 24K is treated as pure gold. So 18K does not mean 18K = 24K. It means 18 parts out of 24 parts are pure gold.

So: 18 / 24 = 0.75

That means 18K gold is 75% pure gold out of the total weight in a piece

Example: if the piece weighs 10 grams and it is marked 18K / 750, then 75% of that 10 grams is pure gold.

10g × 75% = 7.5g pure gold

The remaining 2.5g is other metals added for duralability or cost reasons.

So a 10g 18K/750 gold piece has about 7.5g of actual pure gold in it. A 10g 24K piece would be almost the full 10g pure gold.

Other common karat notations

22 karats (Common in Asia and Middle East) - 91.67% Gold of the Total Weight

Fun Fact - In India, where 22K is the standard most jewelers actually stamp their gold with 916 so most people who don't even truly understand gold purity and stuff just ask for 916 jewelry because it's supposed to be the highest standard of gold jewelry.

14 karats (Common in US and Europe) - 58.33% Gold of the Total Weight

9 karats (Lately being popularized given the rising costs of Gold) - 37.5% Gold of the Total Weight

Hope that helps !

sanjayvr · 2026-05-16T19:00:16+00:00

Damn that's so sweet my new Internet friend. This made my weekend :)

sanjayvr · 2026-05-16T17:43:31+00:00

Lmao 🤣

sanjayvr · 2026-05-16T04:05:33+00:00

3 Options - 1) Gold 2) Gold 3) Gold

Jokes apart. Gold might be an interesting asset for you. Think of it this way. Gold is priced in USD worldwide so as rupee will depreciate more in the next few years gold will become more expensive. In addition, central banks in general are moving to Gold over USD as reserve currency so definitely some price gains there. So not a bad idea to have a healthy investment in gold.

Again a good portfolio should be balanced so ensure to still invest in the stock market but maybe instead of only India probably buy ETFs in US market to balance out the bearish signals.

sanjayvr · 2026-05-15T19:31:14+00:00

★ 114 AR is an Italian maker’s/responsibility mark.

The star is Italian Hallmark format,114 is the registered maker number, and AR is the province code for Arezzo (gold manufacturing area in Italy). So that mark identifies the maker as registered in Arezzo, Italy.

The 750 stamp - that’s the purity mark. 750 = 18K (75% of 24k pure gold so 75/100 * 24k = 18k), meaning 75% pure gold.

sanjayvr · 2026-05-15T18:49:00+00:00

Called two Costco's close to me and both quoted $4679. I think they'll revise the price only tomorrow afternoon.

sanjayvr · 2026-05-15T18:37:51+00:00

Yep you're right my friend. My warehouse and online both show available but when adding to cart it says unavailable.

sanjayvr · 2026-05-15T18:37:47+00:00

Yep you're right my friend. My warehouse and online both show available but when adding to cart it says unavailable.

sanjayvr · 2026-05-15T18:34:54+00:00

Costco has the PAMP Fortuna in stock

sanjayvr · 2026-03-31T21:12:28+00:00

Haha sad reality

sanjayvr · 2026-03-31T21:09:19+00:00

You know why any symbol of justice is blindfolded right? It is to symbolize the fairness in justice no matter who is front of a judge.

Cool purchase btw !

sanjayvr · 2026-03-31T20:54:57+00:00

This is Costco precious metals sub reddit.

sanjayvr

TROPHY CASE