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Tuesday, March 29, 2011

Top 5 Largest Gold Nuggets in the World

#1 Welcome Stranger nugget weighing in at 2316 oz., found on February 5th, 1869 in Moliagul, Victoria, Australia. It was discovered by John Deason and Richard Oates just 2 inches below the surface near a root of a tree in Bulldog Gully.  It measured 2 ft x 1.02 ft in size.  Due to the size of the nugget it could not be weighed on any scales at the time and had to be broken down into 3 smaller pieces.  It was melted down shortly after finding and only recreations of the nugget made from drawings exist.  One replica of the "Welcome Stranger" nugget can be found at the City Museum in Treasury Place, in Melbourne, Victoria.  The other replica is owned by descendants of John Deason.

#2 Pepita Canaa nugget weighing in at 2145 oz., found Sept 13, 1983 by miners at the Serra Pelada Mine in the State of Para, Brazil.  It currently resides in the Banco Central Museum in Brazil.

#3 Golden Eagle nugget weighing in at 1136 oz., found by sixteen year old Jack Larcombe on January 8th, 1931 in Larkinville, Western Australia.  The nugget required two men to lift it and was given the name due to its resemblance to a bird.

#4 Newmont's Normandy Nugget weighing in at 899 oz. found near Kalgoorlie, Western Australia in 1995.  It currently is on display in the Perth Mint in Australia.

#5 Hand of Faith nugget weighing in at 875 oz. found in 1980 in Wedderburn, Australia.  The nugget was purchased for over a million dollars and currently resides in the Golden Nugget Casino in Las Vegas.  It is listed as the largest ever gold nugget found with a metal detector.

Monday, March 28, 2011

Motivation for all you Treasure Hunters out there

What do you predict the price of gold will be at the end of 2011?