Heritage Is Auctioning Off Gold Nuggets In Their Coin Auction

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Author	Replies: 8 / Views: 1,271
MikeF Pillar of the Community United States 3479 Posts	Posted 03/04/2017 10:17 pm It's one of the most followed items. https://coins.ha.com/itm/nuggets/te...ption-071515 Report this Post to the Staff

spru Bedrock of the Community United States 12477 Posts	Posted 03/05/2017 12:04 am It's interesting but, there's no way to know how much of that weight is quartz and not gold. A gamble for sure but for 0.22 ozt total weight, the price w/ premium is already too high IMHO, at least for me. Do nuggets like this have a premium over refined? In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024 Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 03/05/2017 01:14 am I am NOT saying by any means that is example if fake, but it is nevertheless very easy to fake gold nuggets. Usually, the amount of gold in a nugget up for auction will yield a sale price well above it's refined melt value. This is the reason why the temptation to fake gold nuggets with real gold is so strong. Easy enough to melt some small amount of nugget gold with coin gold, and add some crushed quartz into the mixture. Tests convincingly for trace elements, and the quartz impurities add to the deception. Edited by sel_69l 03/05/2017 03:06 am Report this Post to the Staff
MikeF Pillar of the Community United States 3479 Posts	Posted 03/05/2017 02:34 am Quote: Do nuggets like this have a premium over refined? I think the listing would be better suited in their minerals auction. Anyone remember Hank Schrader? Report this Post to the Staff
trout1105 Pillar of the Community Australia 7096 Posts	Posted 03/05/2017 03:59 am This one is real But it doesn't have much rock in it. There is a little bit of rock there but not much. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 03/05/2017 05:02 am Quote: Do nuggets like this have a premium over refined? Yes they do. Report this Post to the Staff
rockfish Valued Member Canada 217 Posts	Posted 03/05/2017 08:04 am Quote: Anyone remember Hank Schrader? "Yeah, Mr. White! Yeah! Science! Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 03/05/2017 4:29 pm Trout: Looks like a piece of compressed golden goose dung! Maybe a golden goose CAN lay a golden egg. AT least, in your case, I have a background of proof that your example can only be genuine. And it's a damn' good one at that ! Congrats. Report this Post to the Staff
trout1105 Pillar of the Community Australia 7096 Posts	Posted 03/05/2017 6:37 pm Quote: Trout: Looks like a piece of compressed golden goose dung! HeHe Yes not that Pretty is it, The coin underneath was sent to a Mate that had never owned a sovereign and was in the need of cheering up and is my preferred method of holding Gold The nugget is just a nick nack that I bought whilst having Far too much fun in a goldfields Pub one night Report this Post to the Staff
	Replies: 8 / Views: 1,271

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