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  Gold bars commenmorating Shenzhou-6 flight sold

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Author Topic:   Gold bars commenmorating Shenzhou-6 flight sold
Robert Pearlman
Editor

Posts: 27327
From: Houston, TX
Registered: Nov 1999

posted 11-04-2005 01:49 PM     Click Here to See the Profile for Robert Pearlman   Click Here to Email Robert Pearlman     Edit/Delete Message   Reply w/Quote
From Xinhua News:
quote:
More than 600 sets of gold bars commemorating the recent successful journey of China's Shenzhou-6 spacecraft have been sold, the National Museum of China announced on Thursday.

The National Museum on Oct. 24 started to issue 1,000 sets of gold bars to commemorate the successful manned space tour of Shenzhou-6. One set includes two pieces of gold bullions, weighing 100 grams each. The selling price of each set is 32,000 yuan (3,951 US dollars).

About 200 sets were sold out in Beijing, and another 300 sets were sold to local dealers in other parts of China, according to the National Museum.

China sent its second manned spacecraft, Shenzhou-6, carrying two taikonauts into space last month.


cfreeze79
Member

Posts: 300
From: Martinez, CA, USA
Registered: Nov 2000

posted 11-04-2005 03:25 PM     Click Here to See the Profile for cfreeze79   Click Here to Email cfreeze79     Edit/Delete Message   Reply w/Quote
Doing the math...

200 grams = 6.43 Ounces (Troy)...

Gold = US$ 456.67

At current bullion prices, the gold is valued at US$ 2936.40, so $1000 markup for collectors isn't too shabby...

All times are CT (US)

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