Worth its weight in gold, blood, feathers and other per pound pricing!
Filed under: Simplification
People love to express their gratitude for a favorite tool or gadget by claiming that it's worth its weight in gold, a reference which is lost on most of us who don't know how much a pound of gold is actually worth. Thankfully Evil Mad Scientist Laboratories has cooked up a handy reference guide to help you measure the monetary density of things. This graphical comparison covers the weight value of U.S. currency, human blood, commodities, illicit drugs and pretty much everything else in between.I'm still trying to take all this information in and it cracks me up how much a pound of many of these items are worth. Still, I noticed that a few items are noticeably absent from this lineup so I took the liberty of translating these into units to further expand your weight to value ratios.
- Gasoline - $1.79 / lb locally, a gallon of gas weighs 6.15 pounds.
- Crude oil - 39 cents / lb as of today, a gallon of crude is ~7 lbs, a barrel of oil contains 42 gallons at $118.35
- Quarter Pounder with cheese - $18 / lb, assuming 1/4 lb weight of burger and bun post cooking.
- With gold trading around $830 per ounce, and 16 ounces in a pound, a pound of gold is worth $13,280.
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Reader Comments (Page 1 of 1)
8-28-2008 @ 11:36AM
BaS said...
Gold is weighed in troy weight which has 12 troy ounces in 1 troy pound. Instead of everyday avoirdupois weight system they have different weights to each unit of measurement.
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8-28-2008 @ 12:19PM
Gordon said...
A pound of gold doesn’t weigh 16 ounces! A pound of gold actually weighs 12 ounces--gold and other valuable metals use a different weighing system---troy measurements.
Troy measurements are such that one pound (lb) is divided up into 12 Troy Ounces and each Troy Ounce is divided up into 20 units called Pennyweight (dwt). Be careful when talking to someone about a quantity of gold. Be sure you know what you are both talking about! G
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