Natural Gold Nugget Specs
This beautiful 26.8 gram natural Alaskan gold nugget was found near McGrath, Alaska during the 2021 mining season. It is about 1″ long almost 3/4″ wide, and almost 1/2″ thick. It weighs 17.3 DWT /26.8 grams (almost 1 troy ounce)
McGrath, Alaska is another town with a rich history of gold mining. The first discovery of gold in the area was made in 1904, and within a few years, the town had grown into a thriving mining community with a population of around 500 people. In the early years of the 20th century, the mines in McGrath produced millions of dollar’s worth of gold. However, mining in the area declined after World War II. By the 1960s, the last of the major mining operations had shut down. Today, small-scale mining operations continue in the area, but the town’s economy has diversified to include other industries such as tourism and fishing. Nonetheless, the legacy of gold mining remains an important part of McGrath’s history and identity.
General Info About Nuggets
Natural gold has other metals mixed with it, including silver and platinum.
Most of our nuggets are between 70% to 95% pure gold. Furthermore, natural gold has other metals mixed with it, including silver and platinum. You can request nuggets from different areas of the state and will notice that the color and texture varies from mine to mine. Our nuggets are weighed in pennyweight (DWT) 1 pennyweight equals 1.55 grams, 20 pennyweights equal 1 troy ounce. We negotiate with the miners to get the best price possible, but because of their rarity, natural nuggets sell for more than the daily price of gold. In fact, the larger the nugget, the more per ounce it costs. Our certified nuggets start at $50.00 and go up to several thousand dollars depending on the nugget size and the market price of gold.
Because of our low prices, this gold sells quickly. If we do not have this exact nugget in stock we will find something comparable for you.