Gold has always captured the imagination of humans throughout the Millenia. Imagine the joy of serendipitously stumbling upon a nugget while on a casual outing. Like the girl who accidentally kicked a 20 oz nugget while walking her dog in Victoria Australia in 2019. Or perhaps like the Kazakh herdsman who tripped over a 8kg nugget in China’s Xinjiang region in 2015.
These are instances we know of. There are probably thousands more examples where the lucky individual has decided to keep their find a secret for obvious reasons.
As much as ‘stumbling’ across a find is an exciting and sought after prospect, the reality is that most gold in obtained through sheer grit, hard work and determination.
Even the hobby metal detector enthusiasts have to spend decades through hostile difficult terrain to have a less than even chance of a find.
Nuggets are chunks that have split off in a chunk or a smaller portion from a primary host lode. The largest is the 60kg ‘Pepita Canaa ‘which contains about 52kg of Gold. It was mined in Brazil in 1983 and is presently displayed at the Central Bank of Brazil money museum.
A gold nugget on display in Alaska
The ‘Great Triangle is a 36kg nugget that contains about 32kg of gold that was found in the Miass area of the Russian Urals in 1842. It is presently on display at the Kremlin in Moscow.
A significant find that was discovered only 30cm below the ground with a metal detector is the ‘Hand of Faith’ This is a 27kg wonder that is presently displayed at the Golden Nugget Casino in Las Vegas. It was found in 1869 in Kingower in Victoria Australia.
Recent significant finds are the 1995 discovery of a 25kg nugget in Kalgoorlie in Western Australia and is presently on display at the Perth Mint.
While there have been larger finds such as the 72kg ‘Welcome Stranger’ found in Moliagul, Victoria Australia in 1869, these are no longer in existence as they have been smelted down.
So the next time you are out enjoying nature, keep your eyes peeled and your senses honed. You never know if Lady Luck may smile down and reward you with your own personal nugget of ‘eye candy’.
Definitions and practical tips:
What is a gold nugget?
A gold nugget is a naturally occurring piece of native gold of varying sizes. Watercourses often concentrate nuggets and finer gold in places. Nuggets are recovered by extraction and mining, but they are also found in residual deposits where the gold-bearing veins are weathered or eroded.
How much is a nugget worth?
This depends on the weight, purity and sometimes simply the aesthetic appeal of a significant sized piece.
A simple equation to calculate the value of a nugget based purely on the gold value is
Purity (%) x Weight (in oz) x Current spot gold price (in your currency).
Finding your own nugget.
To find your own gold nuggets, you will need to start by searching in areas known to contain gold deposits. A metal detector will also come in handy.
For those whose interest has been sparked, there are ‘Prospecting Tours‘ that teach you the fundamentals of metal detecting and take you to places known to have deposits. Interestingly they have licences that allow you to keep what you find!
Buy your own gold nugget
Did you know that you can buy your own gold nugget online from amazon? They come in a range of weights and sizes and are delivered directly to your door.