Wednesday
18Jun
Cops Estimate Accurate Coke Prices
Not that we know anything about this sort of stuff, but what struck us as funny from yesterday's massive 400 pound, $16 million coke bust in the Bronx was how relatively accurate the cops projects about the value of the product was. Let's break it down:
Call us crazy, but those prices seem about right. Now of course, if you are moving weight, there is no way you are looking to pocket $89 a gram. Do you realize how long that would take? But, to make themselves look good (as of course they deserve to, drugs are a horrible thing and ruin society), the authorities use a street value to hype the size of the bust. In wholesale terms, you are looking at $8-$10 million after this size package. But again, we don't know anything about this.
- 400 pounds = 6400 oz
- 1 oz = 28 grams
- 6400 oz = 179,200 grams
- $16 million/179,200 oz = ~$89/gram
Down By The Hipster
Reader Comments (3)
Hahahahaha this is hilarious. But $89 a gram, that's some good ish. I hate inflation, Ahhhhh you remember those college days when $50 was a lot of money and you were trying to haggle outside your dorm at 4 am. I mean I don't I am just saying.
In Chicago blow costs $12 a gram, its legal, comes directly from the best source in Columbia, and you can do it off girls’ boobs our really cool bars/clubs. Yet another reason New York suck horse nads.
I swear to god If I ever catch that Chicago Douche out I will pummel him with a bottle of grey goose...