Natural Gold Nugget Specs
This beautiful 42.6 gram natural gold nugget was mined in McGrath, this past summer (2022). 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 dollars’ 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.
This natural gold nugget weighs 27.4 dwt/42.6 grams (over 1 1/3 troy ounces). It is just under 1 1/2″ tall and just under 1 1/4″ wide.
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. We weigh our nuggets in pennyweight (DWT), where 1 pennyweight equals 1.55 grams, and 20 pennyweights equal 1 troy ounce.
Throughout Alaska, people discover natural gold nuggets, which showcase the state’s abundant mineral wealth. These nuggets are the result of various geological processes that have occurred over millions of years. The combination of glaciers, erosion, and mineralization has led to the formation of these valuable pieces of gold. Additionally, Alaska’s rivers, creeks, and remote areas attract prospectors and gold enthusiasts who search for these precious nuggets, which can vary in size and shape. Thus, the allure of finding natural gold nuggets in Alaska’s picturesque landscapes has made it a popular destination for those seeking the thrill of gold prospecting and the beauty of untamed nature.