Why bother with converting from metric units?
The current price of gold here in UK is £35.835/gm. 1000Kg is
,1000,000gms, so the amount of gold is worth £35,835,000. At the current
exchange rate (today is 4 Dec 2011) that is $55,884,681.77

--
Regards, Gary Wooding
(To reply by email, change gug to goog in my address)


On 03/12/2011 16:08, Paul K. Dickman wrote:
"Paul wrote in message
...
On 12/3/2011 7:15 AM, lid wrote:
With the recent ton vs tonne debate, here it is: the ultimate gold
coin. 1000Kg of 99.99% pure gold.

http://www.liveleak.com/view?i=923_1322908267

1000Kg = 2200 lbs.
2200 lbs. x 16 oz./lb. = 35,200 oz.
Gold is currently $1745 US per oz.
Coin is worth $61,424,000 US

I am sure, since this coin is so large, it is for all practical uses
valueless. So if you Aussie guys are looking to get rid of this
albatross, you may feel free to drop ship it to my house.
Dave
OOOPS!!!! Gold is measured in avoirdupois units. There are 12 ounces per
pound. Go figure again!

Paul
Still wrong.
Gold is measured in Troy units
There are 31.1035 grams to the Troy oz
32150.7225 Troy oz coin
$56,103,015 US

Paul K. Dickman