Australian Gold Nugget Details:
- 100% Natural And Genuine Australian Gold
- Contains 2 Grams Of #6 Mesh Pure Australian Gold
- 23k Pure Gold (94-98% Pure)
- Tested And Quality Control Checked To Ensure Purity And Authenticity
- Sourced Directly From Australian Miners In Victorias Gold Triangle Area
- Ethically Mined Gold Using Only Water No Chemicals
- Naturally Cleaned To Remove All Excess Impurities
- Includes A Certificate Of Authenticity Backed By Liquid Bullion
*The Nuggets are sold by the weight listed not by bottle or amount in pictures. The pictures are our own stock images and are for reference purposes only to show the golds quality and detail so our clients know what to expect*
*You will receive the weight listed in a jewelry grade ziplock bag taped to your invoice and an empty bottle packaged separately. We do not put the gold in the bottle*
*Due to the nuggets being very difficult to reach an exact target weight because of the mesh size you may receive one to three smaller nuggets however we always try our best to get as close to the target weight as possible*
What Is A Natural Gold Nugget?
Gold finally reached the planet earth some 200 million years after the formation of the planet when meteorites packed with gold and other metals bombarded its surface. Today Gold is one of the most valuable metals on Earth. A natural gold nugget is a piece of native gold that is naturally occurring. They are found by miners in rivers, streams, ancient channels and underground riverbanks and left in their original shape. Gold nuggets are most commonly found in the alluvial deposits, which are sediments that are formed by the movement of water. However, they can be found in other deposits as well. They may also occur in close proximity to primary gold deposits like gold veins or lodes, exposed due to external weather conditions. One may also extract gold nuggets from hard rock deposits of gold, provided that the rock surrounding it can be possibly removed. The chances of finding gold nuggets in tailing pipes of old mining operations that are left behind by the gold mining dredges are also quite reasonable.
How Are Gold Nuggets Formed?
Gold nuggets are formed via a natural process. They are formed due to extremely hot water in cracks or fissures in hard rocks. They occur as large clusters of gold crystals, usually with other minerals like quartz or silver. Weathering causes the release of these gold nuggets that end up in streams as a result of the force of gravity. Gold nuggets are natural fragments of gold that have weathered out of an original vein or lode. These nuggets show clear signs of abrasive polishing, which is due to the action of the streams that they're usually found in. Other precious metals, such as platinum, also form nuggets through a similar natural process.
Are Gold Nuggets Pure Gold?
Alaskan gold nuggets range from 17-23K but are usually 83% to 92% (20K to 22K) pure gold by mass. The purity varies with the area of origin. The natural gold nuggets that are from an Australian origin are usually the purest, containing the highest content of jewelry-grade pure gold. Australian gold nuggets are more than often 23K or higher, which means that they contain about 94% to 98% pure gold, sometimes even more. You can assess the purity of a gold nugget roughly by its color. The deeper the orange-yellow color, the more gold will be present in the nugget. The remainder of the mass of a gold nugget can be made up of different minerals. Gold nuggets that appear blackish or reddish usually contain laterite. Similarly, the nuggets that contain quartz are cloaked with a white deposit. You can melt any gold nugget to obtain pure, jewelry-grade gold and sell it off as pure gold, however keeping the nuggets in their natural state will increase the value due to the rarity of natural gold nuggets.
Where Are Gold Nuggets Found?
Natural gold nuggets are found by miners in rivers, streams, ancient channels and underground riverbanks and left in their original shape. Gold nuggets are extremely rare and very difficult to find. In fact less than 2% of all gold found is in nugget form making natural gold nuggets rarer than diamonds. You may not find gold nuggets even in the largest gold mines. However, natural gold nuggets are most commonly found in Australia, Alaska, Arizona, California, and Canada, from where some of the largest natural gold nuggets have been extracted in the past.
What Is The Value Of A Gold Nugget?
The value of a gold nugget varies with the quality and content of pure gold in the nugget. The demand for these gold pieces is high, which make gold nuggets incredibly valuable. The price is usually quoted as price per gram based on the gold market and the type/size of the nugget. For the total price, the price per gram is multiplied by the total weight of the nugget. There are several factors that have a significant impact on the premium over the spot price of gold such as:
Appearance
Gold nuggets are found in numerous shapes, sizes, and appearances. Gold nuggets are valued differently than raw gold and gold in coin form. When evaluating natural gold consider several factors. Gold may be valued on: weight, rarity, physical dimensions, shine, brightness or lustre, purity, origin, and whether the nugget is considered collector or specimen grade. In short, the larger and more attractive a gold nugget is, the more valuable it will be.
Location
The place where a gold nugget is extracted has a significant effect on its value. A nugget that was extracted from an obscure location holds more value as compared to a nugget obtained from a more known location.
Size
The size, of course, is the most important factor. The bigger a gold nugget is, the more value it will hold. In fact, larger gold nuggets are extremely rare, therefore you can expect them to have higher premiums for the price per gram than smaller nuggets or small fines.
About Us: We are committed to providing the highest quality natural gold nuggets and mint fresh bullion on the market along with 5 star service. We are a genuine seller with the highest ratings offering premium quality precious metals. Every item is carefully weighed, inspected and packaged using the latest technology to ensure a safe shipment to you. Enjoy your visit!
Shipping & Processing time: Due to our continuous high order volume we currently operate on a 3 business day handling time excluding holidays and days our offices are closed. We take great care packaging every item to ensure a safe and secure shipment to you. Once your order has been processed and we have received cleared payment, your items will be shipped within 3 business days. We charge a flat shipping rate unless free shipping is specified and we offer free shipping on all ORDERS OVER $199. International buyers are responsible for international shipping fees including any customs duties/taxes/fees.
Terms: We warranty and represent that the goods are as described in the above listing. Customers should satisfy themselves that any item choice made is suitable for their intended purpose or use. We pride ourselves on our customer service. In the rare event that you have a problem with your item please contact us and well be happy to help.
Returns: We offer a 30 day return policy and a full money back guarantee if for any reason you are unhappy with your items. Simply open a return on eBay and a return label will be provided for free. If the item is found to be faulty, we will also refund the postage cost. We have a very low return rate so we are very confident that you will be 100% happy with your items.
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