GOLD NUGGET (1) AUSSIE 7.49 GRAMS Placer Natural Australian .2407 T Oz. 95%

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GOLD NUGGET (1) AUSSIE 7.49 GRAMS Placer Natural Australian .2407 T Oz. 95%Description*Australian GOLD!*When you pay, please make only one payment.JUST IN! AUSSIE nugget....Australian gold is the most pure on earth with a 95%-97% assay.You are bidding on ONE (1) solid gold natural Australian nugget (Placer gold), a perfect addition to your collection. Each and every nugget is unique and rare. There are no two alike.Aussie nuggets have a totally different color and look to them. This is most common theory:"Previously it was assumed that gold nuggets formed in place, where they were found, either precipitated from fluids or grown from microbial action," CSIRO's Dr Rob Hough said."But all of the gold nuggets we studied have a crystalline structure and silver content that shows they formed at high temperatures. Since these temperatures do not occur at the surface, the Australian nuggets must have originated deep underground."The total weight of this nugget is:7.49 GRAMS115.57 Grains4.815 DWT (Pennyweight).2407 Troy OuncesAt the time of this listing, gold is $1289.00 per ounce.Alaskan placer nuggets are generally between 20.5KT and 22KT pure gold. These nuggets assay at 92% pure. But, Aussie nuggets are the purest on the planet and vary between 91% and 97%.The photos are the exact gold you will receive.If you are new to buying gold, here are some great tips:Gold Weight:Compare the weight in grams or ounces of the nugget to the current spot price of gold. (There are 31.1 grams per troy oz.) Nuggets do fetch more than raw melted gold due to its rarity in nugget form. Remember, gold weight is most often listed in troy and metric values. The weight of gold can be measured in troy ounces, grams, or penny weight. See chart below:1 oz. (troy) = 31.10 g (31.1 grams)1 oz. (troy) = 20 dwt (20 pennyweight)1.55 grams = 1 dwt (1 pennyweight)1.0 grams = 15.43 gr (15.43 grains)Be sure you know the difference between a gram and a grain! Some unscrupulous sellers will intentionally mislead you by listing the weights incorrectly with common abbreviations ("g" is for grams and "gr" is for grains). If you see a 10gr nugget selling for $480.00 on eBay, watch out - it should be more like $31.00! 10 GRAINS is equal to just 0.479 GRAMS. Remember it takes 15.43 grains (gr) to make just one gram (g) of gold. And there are 31.1 grams to one troy ounce. A grain is the smallest unit of measurement of gold. eBay now prohibits the use of the word "GRAIN" in the title description line.Gold nuggets are valued differently than raw gold and gold in coin form. When evaluating natural gold consider several factors. Gold may be valued on: weight, rarity, physical dimensions, shine, brightness or lustre, purity, origin, and whether the nugget is considered collector or specimen grade. Less than 2% of all gold found is in nugget form. Gold nuggets are now rarer than diamonds.DETERMINING FAIR VALUE: Gold Weight and Color: For an average quality nugget weight and color are your best bets for determining value. Look for bright and shiny gold - if dark it may contain a high amount of copper or other less minerals and metals. Pure gold looks just as you would expect.TESTING GOLD : The value of gold is based on the karat system, which is a 24 point scale, signifying the percentage of gold a piece of metal contains. So, if jewelry is 14KT, it is 14 out of 24 parts gold, or 58.33 percent gold. Nuggets are usually 20.5 to 22KT purity (81% - 95%). Gold is tested either with acid or electronically. The acid test is the most reliable yet can be dangerous do to the liquids used. The only 100% accurate way of testing for purity is a fire assay, (melting or refining) thus destroying the nugget value by altering them.SIZING OR CLASSIFYING GOLD: Mesh or screen refers to the openings between the threads of a screen and is measured by the number of openings per inch; that is, 6 mesh equals 6 holes per inch, 8 mesh e... read more

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