Comments on: So I've got a billion dollars I want to get to thailand...

Question: So I've got a billion dollars I want to get to thailand...

Paris Hilton — Mon, 06 Mar 2006 17:01:49 -0800

What is the most valuable material by weight, such that the material can be resold without too much difficulty.

Suppose you wanted to be able to store and transport vast sums of wealth very compactly, with the ability to convert the material back into money at some point in the future. Things like Antimatter, or Unununium while interesting aren’t really what I'm going for. I'm also interested in things which are legal to poses, unlike weapons grade uranium or plutonium or pure LSD. Diamonds would be a good example, but I'm assuming there must be something more expensive then that.

The more untraceable the better.

By: iconomy

iconomy — Mon, 06 Mar 2006 17:06:43 -0800

Saffron is about $800.00 - $2000.00 a pound retail right now. It's not the most expensive thing, but is easily transportable, storable, and legal. Plus it's much more delicious than diamonds.

By: ori

ori — Mon, 06 Mar 2006 17:10:06 -0800

Certain kinds of Saffron (the spice) are several thousands of dollars per pound. Dunno if that helps.

By: ori

ori — Mon, 06 Mar 2006 17:10:25 -0800

yikes, shoulda previewed.

By: iconomy

iconomy — Mon, 06 Mar 2006 17:13:11 -0800

Also, platinum, rubies, and emeralds - all are more valuable than diamonds.

By: I Love Tacos

I Love Tacos — Mon, 06 Mar 2006 17:13:51 -0800

saffron is valuable, but it's not very dense.

By: cardboard

cardboard — Mon, 06 Mar 2006 17:15:24 -0800

Saffron also has a limited shelf life of at best a few months.

By: weapons-grade pandemonium

weapons-grade pandemonium — Mon, 06 Mar 2006 17:15:46 -0800

Printer ink.
And the beauty is you don't need to hide it.

By: vacapinta

vacapinta — Mon, 06 Mar 2006 17:16:20 -0800

The question starts off by saying "by weight" but then says "very compactly" which would imply by volume.

Which is it?

By: helios

helios — Mon, 06 Mar 2006 17:17:12 -0800

1) Inkjet printer ink

2) Moose Cheese

By: 445supermag

445supermag — Mon, 06 Mar 2006 17:20:14 -0800

Some chemical compounds containging rare isotopes are very expensive, but I'm not sure on the resale. I recently bought 0.5 ml of 17O water for $1200, and it was only 75% pure. It has the advantage that you could carry it in a water bottle on an airplane and no one could tell the difference between it and regular water (unless they run it through a mass spec). This example is much cheaper than diamonds, but there are much more expensive compounds. I got a quote on 15N labeled Histidine suitable for peptide synthesis, at $12,000 for 500 mg and its fairly simple. The other problem is that you can't buy a billion dollars worth of some things, because they are so rare.

By: weapons-grade pandemonium

weapons-grade pandemonium — Mon, 06 Mar 2006 17:22:14 -0800

Oh, and whale vomit.

By: mds35

mds35 — Mon, 06 Mar 2006 17:22:19 -0800

Data. Get someone famous on digital video having sex. Fits on a DVD.

By: iconomy

iconomy — Mon, 06 Mar 2006 17:23:50 -0800

The problem with printer ink, saffron, cheese, etc, is, like cardboard implied, limited shelf life. How long will these things be stored before being converted back into currency or sold?

A pound of Rolex watches would be worth quite a bit.

By: tkolar

tkolar — Mon, 06 Mar 2006 17:25:05 -0800

As a practical matter: the precious metals are more compact and more easily exchanged in that there is a well known international rate to start your negotiations from.

Gemstones are good pocket money, but the prices can vary widely due to local demand issues.

Basically, if you're fleeing the country on foot then take the gems, and if you're fleeing with transport go for precious metals.

But really bank transfers are the way to go. In fact I have one for $50,000,000 waiting for me right now, if only I could afford the $5,000 in bank fees to claim it. Perhaps you could help me out? :-)

By: vacapinta

vacapinta — Mon, 06 Mar 2006 17:25:34 -0800

Also I assume another provision is that the "innate" value of the material is what is worth money. Otherwise I can beat what mds35 just proposed by proposing: A check for a billion dollars.

By: weapons-grade pandemonium

weapons-grade pandemonium — Mon, 06 Mar 2006 17:25:44 -0800

mds35 wins, Paris.

By: mds35

mds35 — Mon, 06 Mar 2006 17:30:04 -0800

Cat urine is also very valuable, but you might have trouble with those meddling kids at customs and their pesky dog.

By: unSane

unSane — Mon, 06 Mar 2006 17:30:24 -0800

The Treskilling Yellow is the most valuable substance in the world at $71 billion per kilo. So 1 billion would weigh 1/71 of a kilo or approximately 14 grams. The number of Treskilling Yellows is currently unknown so there is no theoretical barrier to carrying a billion dollars of them. They are portable, legal and easily exchangeable.

Unfortunately only one of them is definitively KNOWN to exist.

By: Paris Hilton

Paris Hilton — Mon, 06 Mar 2006 17:37:24 -0800

Hmm... Obviously a bank transfer would be nice, but I'm thinking more of something that could be transferred, erm, anonymously.

To give an example, suppose you wanted to transfer a large sum of money to a Iranian nuclear scientist in order to divulge the location of all Iranian nuke sites, but the scientist really wanted to stay anonymous, even from you.

That type of situation.

Basicaly you'd need to be able to sell it without rasing flags all over everywhere.

By: Robot Johnny

Robot Johnny — Mon, 06 Mar 2006 17:41:57 -0800

According to Cockeyed, it's scorpion venom at $38,858,507.46 per gallon.

By: unSane

unSane — Mon, 06 Mar 2006 17:44:25 -0800

Fancy coloured diamonds ('fancy' is a technical term here) are also a decent bet. You want to go for the rarest colors -- red, green or blue. They are *much* more valuable than the vanilla kind. A one carat stone can easily fetch $250,000. So conservatively, you could carry $1 billion in the form of 4000 x 1 carat stones, about 800 grams total.

However it is hard to imagine buying a billion dollars worth of colored diamonds without raising a few eyebrows.

By: tiamat

tiamat — Mon, 06 Mar 2006 17:46:01 -0800

unSane, read your own link much? wikipedia goes on to say that "it is not as expensive as antimatter and some radioisotopes."

So there are more expensive things by mass/volume, but I doubt you could carry them around without causing trouble for yourself.

/nitpick

By: pwb503

pwb503 — Mon, 06 Mar 2006 17:49:48 -0800

I'd say a stack of US $100 bills. Easier to get rid of than anything more with a more expensive dollar figure on it and worth more than a fiftty or a twenty but still weighs the same. Seriously.

By: well_balanced

well_balanced — Mon, 06 Mar 2006 17:51:30 -0800

I would think bearer bonds would be ideally what you want. I'm pretty sure they are illegal in the United States but there are probably plenty of countries that allow them. Mostly anonymous and they pay interest. Some Swiss bank could probably hook you up.

By: robocop is bleeding

robocop is bleeding — Mon, 06 Mar 2006 17:58:01 -0800

Rare coins or other small, valuable antiques? I'd say coins because their resale value is pretty well established by collectors, so you'd know how much you'd have to expect when it's time to start cashing in.

By: tkolar

tkolar — Mon, 06 Mar 2006 18:22:51 -0800

To give an example, suppose you wanted to transfer a large sum of money to a Iranian nuclear scientist in order to divulge the location of all Iranian nuke sites, but the scientist really wanted to stay anonymous, even from you.

Ah. American greenbacks, no contest. They spend everywhere on the planet, and there's no trail to speak of.

Assuming you're talking about an American billion and not a British one, the total weight will be 22,000 lbs. You can get that into a couple of shipping containers.;;;

By: Paris Hilton

Paris Hilton — Mon, 06 Mar 2006 18:38:41 -0800

I was hoping for something that didn't involve shipping containers :P.

Here's an intresting thought: a chemical or substance that allows you to easily extract some other value. Like a catalyst to help you reclaim precious metals or something.

By: I Love Tacos

I Love Tacos — Mon, 06 Mar 2006 18:40:42 -0800

Given the extra info, my vote goes for bearer bonds, or if those aren't sufficiently anonymous, €500 notes.

By: rbs

rbs — Mon, 06 Mar 2006 18:58:15 -0800

not diamonds. they don't resell well.

By: gilgul

gilgul — Mon, 06 Mar 2006 19:35:28 -0800

How about really expensive medicine, like cancer treatment? Especially the monoclonal antibodies:

Temodar-5 capsules of 250mg each-$1,749.00
Velcade--3.5 ml vial----------------------$1,173.56
avastin---16 ml vial-----------------------$154.03
Mylotarg--5 MG VIAL---------------------$2,453.77
GLEEVEC 400 MG TABLET----------------$100.27
Sutent-----50mg capsule-----------------$236.95
ELOXATIN 100 MG VIAL-------------------$1,857.69

you get the idea. Let's take mylotarg, generic name gemtuzumab, a monoclonal antibody used for the treatment of AML. $1billion/$2453.77= 407,536.16. that's a lot of 5 mg vials. If you combined all the doses together, it would weigh about 2 million mg, or about 2,000 g, or about 2 kg. Perfect! Put it in a vodka bottle, slap a duty free sticker on it, and you're in. Oh wait, can't do that if you're going to Iran...but if there really are wild parties there like in Syriana...This is for a novel, right?

By: clevershark

clevershark — Mon, 06 Mar 2006 19:57:52 -0800

You could buy a Ferrari Enzo, drive it from point a to point b where you resell it at a hefty premium. That shouldn't be too hard, since there are only 399 of them (or is that 398 now?) and there will never be another one made.

By: Good Brain

Good Brain — Mon, 06 Mar 2006 20:02:23 -0800

High end microprocessors and, even more so, medical biomolecules, are going to have a high value to weight (and volume) ratio, but like just about anything else, they are going to take a lot of effort to convert into cash. I'd say the same would be true of something that let you extract gold from seawater.

Crypto-theorists have invented schemes for "eCash" which retain the anonymity of greenbacks without the bulk.

By: extrabox

extrabox — Mon, 06 Mar 2006 20:22:54 -0800

Fine art is not such a bad way to go. For example:

This Photo by Steichen recently sold for just under three million dollars, or approx. $9,000.00 per square inch of photo paper.

And this recent acquisition by the Met, Duccio's Madonna and Child, was purchased for 45 million, or about $473,684.00 per square inch (The Painting is about the size of a sheet of typing paper)

By: richg

richg — Mon, 06 Mar 2006 20:55:03 -0800

When I was into stamp collecting, I heard stories about South American dictators fleeing their palace before the coup, and slipping a little folder of rare stamps into their suit pocket. Very easily sold without attracting notice, though a billion dollars worth might be hard to shift anonymously!

By: juv3nal

juv3nal — Mon, 06 Mar 2006 21:26:05 -0800

It seems to me that anything other than cash is going to run into the problem of either:

a) "such that the material can be resold without too much difficulty."

or

b) "The more untraceable the better."

The problem is not so much that any given form of transport is intrinsically more problematic than any other, but the fact that you're talking about a billion dollars worth of a given commodity/thing.
Finding a seller/buyer able and willing to deal under the table/off the books for in that kind of monetary value is non trivial.

Pulling up a web link for how much a rare coin/stamp/piece of artwork sold for just goes to show how such things are pretty much the opposite of untraceable.
If there's only 3 known special widgets in existence, you can be pretty damn sure that all widget experts know who owns those...

By: Hildago

Hildago — Mon, 06 Mar 2006 21:46:39 -0800

The only thing I can think of with unlimited potential value, portability and shelf life is a promissory note from a bank.

By: PurplePorpoise

PurplePorpoise — Mon, 06 Mar 2006 21:56:09 -0800

If you're going for the nuclear scientist angle; think: services. Or perhaps cheaper & more plausible, kidnapping & ransom.

If you're going for the catalyst thing, think philosopher's stone.

By: Paris Hilton

Paris Hilton — Mon, 06 Mar 2006 22:32:33 -0800

oooh, pharmaceuticals. That would be great, especially as there are a large number of cancer victims to resell the stuff too.

By: MrC

MrC — Mon, 06 Mar 2006 23:44:24 -0800

Your kidney, no hassle to transport and you'd get about $10k for it

By: JekPorkins

JekPorkins — Tue, 07 Mar 2006 00:48:28 -0800

Your soul, perhaps.

Or the account number and passwords to a numbered Swiss bank account (works in the movies, and maybe in real life, too, right?).

By: unSane

unSane — Tue, 07 Mar 2006 05:26:45 -0800

The promise of a date with Natalie Portman?

By: Pollomacho

Pollomacho — Tue, 07 Mar 2006 07:39:24 -0800

Marc Rich, the billionaire exile you may remember from his controversial Clinton pardon, once bought up the world's supply of boron. At first no one noticed what he was doing as no one thought of boron as an exciting commodity. By the time they realized what was going on it was too late, he had cornered the market, basically allowing Rich to set the price for boron. This also drove up the prices of other commodities he had bought into that were dependent on cheap supplies of boron. In the end he made billions and billions in profits.

Read all about it in the book Metal Men.

By: klangklangston

klangklangston — Tue, 07 Mar 2006 08:14:23 -0800

Microfilm of either state secrets or important people committing crimes.
But really, on that scale, conversion to cash is sort of a hinderance. You want to barter, to provide something (hopefully something so invaluable that there's no other way to get it) for what you want, rather than going through the trouble of middlemen and monitizing. Iranians trading for nuclear material? Either promisory notes for oil lease rights or pictures of Kofi Annan fucking a sheep.

By: stratastar

stratastar — Tue, 07 Mar 2006 09:17:10 -0800

white truffles, tourbillion watches. You could pack a suitcase with about 10m worth of that junk

By: five fresh fish

five fresh fish — Tue, 07 Mar 2006 09:37:44 -0800

white truffles

Yah, but then you really got to be on the lookout for the pigs.

By: JamesMessick

JamesMessick — Tue, 07 Mar 2006 10:49:50 -0800

How about a VISA gift cart with $1 billion on it?

By: Serial Killer Slumber Party

Serial Killer Slumber Party — Wed, 08 Mar 2006 03:44:00 -0800

Bill Gates is worth billions and can't weigh much more than 70 kilos.

By: dpcoffin

dpcoffin — Wed, 08 Mar 2006 10:46:19 -0800

John D. MacDonald's Travis MccGee thriller THE SCARLET RUSE entertainingly explores the idea that rare stamps are the lightest, most easily concealed objects of value if you plan on being on the run.

By: mikewas

mikewas — Thu, 09 Mar 2006 08:12:19 -0800

Ideally, you don't want to physically transport the billion dollars at all.

Spend a hundred bucks or so, start up a limited liability company in some state that allows anonymous ownership. (I understand Nevada is currently one of those). Deposit the billion dollars into a bank account in the company's name.

Then, meet up with your Thai buyers (the guys who were going to buy your diamonds, isotopes, or Ferraris) and sell them the company in exchange for local cash. They ought to be willing to front your transaction and travel costs as well, to get a privately-owned company with a billion dollars in the bank. Of course, they'll want to do their own due diligence, but here are the advantages:

1. If set up properly, the transfer of company ownership is virtually untraceable. The buyers could even have set up their own shell company in the U.S. or elsewhere to take nominal ownership of the company you're selling.

2. The transaction is safe. You're not carrying around anything that you might lose, or might get destroyed or confiscated.

3. The question of volume and weight is irrelevant. As long as your investors have done their part, you might not need to take anything but your toothbrush and your bathing suit.

4. It's legal, as long as the original billion isn't the fruit of illegal activity.

5. Bill Gates might scream or otherwise draw attention to himself. This won't.

Another method to consider: License or outright purchase extremely valuable patents. Turn around and re-license those patents to wealthy Thai investors. Just make sure the patents don't violate U.S. technology export laws.

By: redteam

redteam — Tue, 14 Mar 2006 03:02:37 -0800

Ok, five fresh fish, I just woke up the whole house with my laughter.