Are Gold Nuggets Addictive?

[InvestInCoins888]

I’m amazed the power this stuff holds over me. I’m utterly besotted by it.

Ive done a little panning, nothing serious and I’ve never found more than a few grains... 

However a few years ago I stumped up and brought a good sized chunk Australian nugget, spending just under a grand. 
 

I instantly fell in love with the unnatural weight, the cold smooth surface... Unlike a coin, I found myself repeatedly getting it out to hold, it’s tactical shape was utterly alluring.

 

Lucky as I am, I managed to secure 20g of small nuggets for under £30 a gram, from someone who needed money fast and made an offer that was impossible to turn down.

 

And that was me, really hooked! Since then my ‘stack’ has grown and grown... 

 

Some of my nuggets are the most beautiful things I own. Under a scope you can clearly see its structure, how it’s grown. Some with quartz crystals growing together creating images very pleasing to the eye!

 

People talk about ‘gold fever’, men who gave up everything during the gold rush days gone by... I get it! It has almost a supernatural ‘hold’ over me. 
 

Does anyone else have the bug? 
 

It’s good investment material with collectors paying significantly over spot price for the shape they fancy... 

[Leonmarsh]

Would love a Nugget a big one but always worry about purity etc etc 

I don't really have any weigh of checking it 

[Robda1986]

I'd be happy with a few cornflakes or a spesi from the lost German mine out in the superstitious mountains somewhere 

[InvestInCoins888]

On 07/02/2021 at 18:27, Leonmarsh said:

Would love a Nugget a big one but always worry about purity etc etc 

I don't really have any weigh of checking it 

It’s really very difficult to fake a gold nugget. The only natural choice would be Pyrite, ‘fools gold’, however it’s pretty obvious... It ‘grows’ in angular, cuboids, crushes under pressure (you can’t crush gold) and the weight is all wrong. Being one of the densest materials on earth, a nugget of gold has an almost unnatural weight to it.  
 

Testing of gold nuggets if you were really concerned can be done inexpensively through the acid test. Nitric acid can be purchased on ebay for a few pounds and unlike a coin, you don’t need to worry about an acid test ruining the value. 

Being a natural product Gold comes in a variety of purity, yet it would be a mistake (in my opinion) to attempt to process it. It’s widely accepted that gold nuggets are worth more than ‘spot price’, due to its rarity. It does not matter to a gold nugget collector, they are looking for a host of features, 24ct gold is not one of them.

The wide range of gold nuggets available amaze me... It’s unique, natural and really very rare.

The most common type is ‘Placer’ gold, it’s been naturally eroded away from its host rock and it comes in a huge variety of colours, sizes and shapes. It can be found in traditional nugget shapes or can be polished over time into ‘pebble’ shapes by running water.can be smooth having spent a great deal of time being ‘polished’ by water. Generally speaking the larger the nugget, the rarer it is and the more valuable (not just down to the weight) it is. However sometimes collectors can go crazy with their wallets for interesting shapes.

Gold can sometimes be found in quartz. This is STUNNINGLY beautiful to look at, particularly under a scope. It’s really very rare to find and therefore more valuable. It can fetch 2-3 times the spot value, weight wise.

Crystalline gold is very rare and tends to grow on its own, is not part of another rock or quartz. This type of gold is very rare and difficult to find making it more expensive than placer gold nuggets or gold found in quartz.

Then there are gold nugget crystals! This is when the nugget has one or more very distinct crystalline structure to it. These are the rarest type of gold that can be found, they are phenomenally beautiful things and can fetch many more x spot value.

 

 

[Leonmarsh]

You got any for sale lol 

[InvestInCoins888]

1 minute ago, Leonmarsh said:

You got any for sale lol 

Ha ha ha!

Its a real problem! I obviously have my own portfolio/collection, I’ve been passionate about collecting coins for over 40 years! I’ve been hooked by nuggets for quite a few years now and have been panning on a number of occasions... I LOVE my nugget collection. I do keep buying bits with the express expectation of selling it on and then end up letting my personal collection eat it up!

So no... However I am ALWAYS buying, for the right price!

[Leonmarsh]

You were the first person to recommend silver forum to me about a year ago when 

If you have anything I will be interested re nuggets 

[Robda1986]

15 minutes ago, InvestInCoins888 said:

It’s really very difficult to fake a gold nugget. The only natural choice would be Pyrite, ‘fools gold’, however it’s pretty obvious... It ‘grows’ in angular, cuboids, crushes under pressure (you can’t crush gold) and the weight is all wrong. Being one of the densest materials on earth, a nugget of gold has an almost unnatural weight to it.  
 

Testing of gold nuggets if you were really concerned can be done inexpensively through the acid test. Nitric acid can be purchased on ebay for a few pounds and unlike a coin, you don’t need to worry about an acid test ruining the value. 

Being a natural product Gold comes in a variety of purity, yet it would be a mistake (in my opinion) to attempt to process it. It’s widely accepted that gold nuggets are worth more than ‘spot price’, due to its rarity. It does not matter to a gold nugget collector, they are looking for a host of features, 24ct gold is not one of them.

The wide range of gold nuggets available amaze me... It’s unique, natural and really very rare.

The most common type is ‘Placer’ gold, it’s been naturally eroded away from its host rock and it comes in a huge variety of colours, sizes and shapes. It can be found in traditional nugget shapes or can be polished over time into ‘pebble’ shapes by running water.can be smooth having spent a great deal of time being ‘polished’ by water. Generally speaking the larger the nugget, the rarer it is and the more valuable (not just down to the weight) it is. However sometimes collectors can go crazy with their wallets for interesting shapes.

Gold can sometimes be found in quartz. This is STUNNINGLY beautiful to look at, particularly under a scope. It’s really very rare to find and therefore more valuable. It can fetch 2-3 times the spot value, weight wise.

Crystalline gold is very rare and tends to grow on its own, is not part of another rock or quartz. This type of gold is very rare and difficult to find making it more expensive than placer gold nuggets or gold found in quartz.

Then there are gold nugget crystals! This is when the nugget has one or more very distinct crystalline structure to it. These are the rarest type of gold that can be found, they are phenomenally beautiful things and can fetch many more x spot value.

 

 

There is a video on YouTube you might like I'll try and find it its 24ct in quartz think it was made into a lighter or something 

[dicker]

Hi @InvestInCoins888

I have a couple of Nuggets from Western Australia - love them - and of course they come in all sorts of forms which adds to the interest.  
 

In terms of buying...

The Perth Mint has a few cabinets full of nuggets (and larger ones to buy if you ask).

But the place to go is Kalgoorlie there are shops like this https://naturalgoldnuggets.com.au

If you know locals, you might be able to find someone who is selling nuggets from their own endeavours, but it’s pretty hard.  With a lot of family in Perth asking around for years I only found one person selling his finds, and those were pretty limited.

Best

Dicker

[Toshunya86]

I ve never done any panning or stuff like this but I admit that a nugget has some kind of supernatural power of attraction , even through the screen.

 

[Mandy22]

On 11/02/2021 at 17:19, Leonmarsh said:

You got any for sale lol 

Hi,

I have some unique gold nuggets for sale and have been looking for interested buyers when I came across this forum. I am a genuine seller. Please contact me if you're interested. 

[morezone]

4 hours ago, Mandy22 said:

Hi,

I have some unique gold nuggets for sale and have been looking for interested buyers when I came across this forum. I am a genuine seller. Please contact me if you're interested. 

I've removed your email address.  Any members can contact you via PM.

If you have some to sell you can list them here for sale on the forum in the selling/buying section.  Here's a link to the quick start guide.

https://www.thesilverforum.com/forum/13-united-kingdom-ungraded/

[AllThingsShiny]

I find chicken nuggets far more addictive 

[Tortoise]

I love the TV show 'Aussie Gold Hunters'.  (You can find it on a FreeSat channel).  I can well understand it is addictive.  It's a good job I live in England, otherwise, I be staking a lease and be out in there in the outback with a detector.

[Hunter87]

Do dealers buy gold nuggets here in the UK?