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Which Item Packs More Value in 1 Cubic Meter: Gold, Diamonds, or Dollar Bills?

January 06, 2025Science3478
Which Item Packs More Value in 1 Cubic Meter:

Which Item Packs More Value in 1 Cubic Meter: Gold, Diamonds, or Dollar Bills?

When determining which item packs the most value in 1 cubic meter, whether it's gold, diamonds, or dollar bills, we must consider several factors including density, market prices, and conversion calculations. This article aims to explore these factors to provide a comprehensive comparison.

The Value of 1 Cubic Meter of Each Item

Gold

Density: Approximately 19,320 kg/m3

Current Price: Roughly $1,900 per ounce

Value Calculation:

1 cubic meter of gold 19,320 kg Convert to ounces: 19,320 kg × (1000 g/kg) × (1 ounce/28.3495 g) ≈ 682,000 ounces Total value: 682,000 ounces × $1,900/ounce ≈ $1.295 billion

Diamonds

Density: Approximately 3,500 kg/m3

Current Price: Roughly $1,500 per carat

Value Calculation:

1 cubic meter of diamonds 3,500 kg Convert to carats: 3,500 kg × (1000 g/kg) × (1 carat/0.2 g) 17,500,000 carats Total value: 17,500,000 carats × $1,500/carat ≈ $26.25 billion

100 Dollar Bills

Density: Approximately 75 grams per bill

Value Calculation:

1 cubic meter of 100 dollar bills 1,000,000 grams (1 m3 1000 kg) Number of bills: 1,000,000 g / 75 g/bill ≈ 13,333 bills Total value: 13,333 bills × $100/bill ≈ $1.333 million

Summary of Values

Item Value Gold Approximately $1.295 billion Diamonds Approximately $26.25 billion 100 Bills Approximately $1.333 million

Conclusion

1 cubic meter of diamonds packs the most value, significantly outpacing both gold and 100 dollar bills. This is due to the high density and market price of diamonds, resulting in a much larger value per cubic meter compared to other items.

Additional Comparison: CPU Chips

For even greater comparison, let's consider CPU chips. A finished CPU die can run $20,000 each and has a volume of about 0.05 cubic cm. A 1 cubic meter of such CPU chips would be valued at approximately $1 trillion, making diamonds outperformed by CPU chips in terms of value per cubic meter.