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21lb Alaska Nugget Up For Auction!


mn90403

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Found 1998 at about $300 US an ounce now 23+ years later about $1900 US an ounce. That is about 6+ times increase in pure gold value. Asking price of $4000 an ounce raw gold 90% purity. But it is the second largest gold nugget ever found in the Western Hemisphere, and the largest ever in Alaska. For that money I would buy an Australian nugget of much greater weight. 🤑

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44 minutes ago, Reg Wilson said:

That's a specimen, not a nugget.

With perhaps 5 pounds of quartz (guesstimate), it leaves a US$ value of $364,000. A realistic 'unique specimen' value might drag its value over $500K. But $1M???.....:rolleyes: all depends on how much someone with deep pockets really, really wants it.

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Found "near Klondike"?  500 miles is a pretty long way, even by Alaska standards.

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2 hours ago, Aureous said:

With perhaps 5 pounds of quartz (guesstimate), it leaves a US$ value of $364,000. A realistic 'unique specimen' value might drag its value over $500K. But $1M???.....:rolleyes: all depends on how much someone with deep pockets really, really wants it.

It is a Crypto specimen!

Just think about the mining costs ... before you buy a Bitcoin ... buy this instead.  (I've got a lesser Crypto specimen that if this catches on it will go from a $20,000 nugget to ????)

You have to think big when you are in the auction and mining business ... with the cost of fuel at an all time high ... 🤪

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