Merrill Lynch Memorabilia, 1 Kilo Gold Bar from 1980's
- Source: eBay
Back in the early 1980's (before options and derivatives), Merrill Lynch (surely you remember the thundering herd) made an effort to grow its retail commodity business. These very attractive promotional 1 kilo facsimile gold bars were given to clients and potential clients (yes, MLPF&S had money in those days). Ironically, these "very attractive promotional 1 kilo facsimile gold bars" which were given away then, are today worth more than a share of MER stock trading on the NYSE. Yep, the clients got the last laugh. One side looks like a real and offical gold bar, the other side is imprinted with promotional info including the words "facsimile" (just in case all Merrill clients weren't as naive as Merrill thought). But alas, even in those days Merrill was straying toward the dark side, the 1 kilo bar only weighs 9.1 ounces! Hello! It is non-magnetic, perhaps brass, and may (only a guess) have a micro-coating of real gold (ala bathroom faucets) which has keep it bright and shiney these past 25 years. The bar measures 4 3/4 x 2 1/8 inches with a thickness of 3/16", the exact perfect international standard size for holding down paper. A must have for MLPF&S collectors, and any desk overlooking the Hudson River.