LOT Old Heritage Auctions  /  2007 May/June Long Beach, CA Sig. US Coin #438  / 

3097

Massive 1238-Gram Gold Nugget. A third, large gold nugg

Currency:USD Category:Coins & Paper Money Start Price:12.00 USD Estimated At:1.00 - 1,000,000.00 USD
Massive 1238-Gram Gold Nugget. A third, large gold nugg
<B>Massive 1238-Gram Gold Nugget.</B></I> <B>Massive 1238-Gram Gold Nugget. </B></I>39.8 troy ounces.<B> </B></I>A third, large gold nugget found by a professional prospector in the Wedderburn-Central Victoria area of Australia. To underscore the rarity of large-size gold nuggets, we quote from the Gold-Nuggets.org website. "Prior to 1990 almost all nuggets were melted down; only the very tip of the iceberg survives." Larger nuggets are extremely rare. According to the website, it is estimated that there are only about 1,000 nuggets left in the world (mined and still in the ground) that are larger than the 486- and 576-gm nuggets offered in this sale. There are also only an estimated 300 nuggets in the world that are larger than this massive chunk of gold.<BR> This is an impressive item. Literally every person who has come into my office over the past three days has had to look at this spectacular piece. It is huge, roughly 95 mm x 90 mm at its widest points, tapering to 60 mm at the narrowest part. And it is deceptively heavy for its size. It also has significant quartz remaining in the various crevasses, and one streak of iron. Whether this ends up in a private collection or a museum, it is certain to impress all who view it.<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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