Either I'm terrible at maths or the police lie.

[Superaspie]

360 kg of coke.

Presuming a street value of around 40 - 50 a gram.

That's around 14 to 16 million? Where am I going wrong?

Surely the police wouldn't give such a blatant lie about value.

And it would have never have been sold in individual wraps, would it? So would have been worth less.

I have no idea what you are talking about.

^This

Where can you get coke for £40-£50 a gram?

Worth more in that there Norfolk

Are you on about Great Yarmouth OP?

360 kg of cocaine washed up in great Yarmouth.

Police are saying it's worth 50million.

I have limited knowledge of coke but I'm assuming this is a wild exaggeration.

Is this the drugs that were washed up on the beach?

I don't know how much coke costs. Maybe it was very pure and they assume the weight will double when it's mixed with stuff?

Is £50 still the going rate? I was paying that 15 years ago.

Crossed post

It's more common to buy "pure" these days. £100 a gram. Still doesn't add up though, was £50mill they're claiming wasn't it?

They've found a load of drugs on great Yarmouth beach. On our local news they said the value when cut, presumably into individual servings. I have no idea about drugs value or what it actually was but there was loads of it so a Mr big somewhere will be mightily pissed off.

It'll be pure uncut coke. Worth loads more when mixed with other things.

Frank told me the average price is around 45 pounds.
I paid 50 in my youth but that was over a decade ago.

Depends on the quality and the area.

No idea what you're talking about but I've had dealers say to me (at work, not over canapés at a dinner party) that if they knew which street the police use to calculate "street value" they'd be there like a shot......

But yeah assume the weight sold on the street would be doubled by the time it's been cut. Although teething powders are hard to come by now!

Particularly pure cocaine can go for up to £200/g. If this was especially pure - and in such big bundles it may well not be cut much yet - that's easily £50 million.

I never considered the cutting of it... still tho. I think 50mil is optimistic

Yeah I was going to cut it up with tile adhesive but my bloody boat sank and we couldn't pick it up in time. OH is furious!

You posters are hilarious with your Asda rollback coke prices of yesterday

The police will sell it to MPs and government officials, who will pay ridiculously overinflated, inefficient prices - ergo £50million.

Sorted.

Isn't it usually mixed with all sorts of stuff so you're paying £x for a gram that contains some cocaine rather than 1 gram of cocaine?

No idea how diluted it would get to do maths though.

No idea what you're talking about but I've had dealers say to me (at work, not over canapés at a dinner party) that if they knew which street the police use to calculate "street value" they'd be there like a shot......

Would it be that it is pure cocaine, and by the time it gets to the street it would be cut? So it's 360kg of cocaine now, but it will turn into 1000kg of cocaine by the time it has been cut for street sale?