Via Peter Schiff

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Have you ever had one of those experiences where you knew something was too good to be true, but you were still disappointed when you found out it really was too good to be true?

When I was a kid – maybe 10-years-old or so, Pepsi ran one of those bottle cap games. Underneath the cap on every Pepsi product was a letter. If you could collect all the letters and spell out a specific phrase, you’d win a big cash reward. I want to say it was like $10,000, but I don’t remember for sure.

Now, this was in the days before you did everything online. You actually had to save the bottle caps. Even though I was just a kid, I was obsessed with winning that money. I mean, think of all the baseball cards and ice cream you could buy with $10k! So, I drank a lot of Pepsi, looked everywhere I could for discarded caps and pretty quickly got all but one letter. I don’t even remember what I was trying to spell, but I do remember that the missing letter was R.

I was young, but I wasn’t stupid. I realized the odds of finding the R were next to zero. But here’s where things got strange. One of my friends told me that he heard it was a regional game, and if you went to another state, you could easily find a letter there that was a winner in your region.

It just so happened I was about to go to Florida on vacation.

Now, I said I wasn’t stupid. But I wasn’t smart either. Give me a break; I was only 10. I thought this sounded plausible, and my mind quickly filled with visions of a land filled with sandy beaches, sunshine and bottle caps with the letter R underneath lying all over the ground.

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To be honest, deep inside, I knew this probably wasn’t going to happen. But I had just enough hope to get really excited.

You’ll be unsurprised to learn that there were no R bottle caps in Florida either.

Lesson learned. If it seems too good to be true, it probably is.

Except when it isn’t.

And it wasn’t for an Australian man.

Back in 2015, David Hole was prospecting in Maryborough Regional Park near Melbourne, Australia. He didn’t find any gold, but he did find a heavy, reddish-brown rock that seemed kind of odd. He became convinced that there was a gold nugget inside. So, he decided he would crack the rock open. But he couldn’t.

As tells it, “To crack open his find, Hole tried a rock saw, an angle grinder, a drill, even putting the thing in acid, but not even a sledgehammer could make a crack.”

Eventually, he set the rock aside. He was still hopeful that his find contained gold, but really, it was too good to be true, right? So, he kind of lost interest. Years later, Hole decided to take the rock to a geologist.

Unsurprisingly, it wasn’t gold.

Unsurprisingly, there wasn’t any gold inside.

But surprisingly, the rock is worth more than gold!

As it turns out, Hole found a rare meteorite.

The researchers recently published a scientific paper describing the 4.6 billion-year-old meteorite. Carbon dating suggests the meteorite has been on Earth between 100 and 1,000 years.

“The researchers argue that thw Maryborough meteorite is much rarer than gold. It’s one of only 17 meteorites ever recorded in the Australian state of Victoria, and it’s the second-largest chondritic mass, after a huge 55-kilogram specimen identified in 2003.”

So – here’s the real question: how much is it worth?

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Well, the article doesn’t put a dollar value on it. I’m guessing they would probably tell you it’s “priceless.”

That’s great, but I think I would rather just have gold. Priceless literally means “no price.” So, at the end of the day, Hole just has a rock. So, his find was too good to be true, but it wasn’t but it was.

The good news is it’s not that hard to have gold. In fact, you can call 1-888-GOLD-160 and the precious metals specialists at SchiffGold can help you get it quick and easy. You don’t even have to worry about getting your hopes dashed!

Fun on Friday is a weekly SchiffGold feature. We dig up some of the off-the-wall and off-beat stories relating to precious metals and share them with you – with tongue firmly planted in cheek. Click here to read other posts in this series.

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