Item 070264 - Gold Nugget - Australian Gold
Location
Fergusson River, Northern Territory Australia
Description
This bright, shiny, gold nugget from The Northern Territories in Australia is 14 mm x 10 mm x 4 mm ( .55 inch x ..4 inch, x .15 inches) It weights 3.1 grams. For easy reference, gold is weighed in troy oz and a troy oz is 31.1 grams. Gold nuggets generally sell for about $5 - $ 7 per gram over gold spot depending on size, beauty, and color. Aesthetic appeal is important in considering a gold nugget. Some are dull, pitted, and brassy. Other, like this example, are bright, golden and very shiny. With gold at about $700/0z or $22.50 per gram - nuggets of this size and color are selling now at $31 per gram and higher. This excellent, well proportioned, bright and shiny gold specimen is priced at $29.64 per gram.

