GOLD NUGGETS 7.861 GRAMS Alaska/Yukon .2527 T Oz Natural Placer #12 Mesh FC

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GOLD NUGGETS 7.861 GRAMS Alaska/Yukon .2527 T Oz Natural Placer #12 Mesh FCDescription*ALASKA GOLD*If you win more than one auction, PLEASE make only ONE payment.You are bidding on clean solid natural gold Alaskan nuggets (Placer gold). Great for jewelry making or investment.At the time of this listing, gold is $1288.00 per ounce.Alaska/Yukon placer nuggets are generally 20.5KT to 22KT, or 79% to 92%. These nuggets come from the Fortymile Mining District, near Chicken Alaska, Franklin Creek. #12 Mesh.The total weight of these nuggets are:7.861 GRAMS121.31 Grains5.054 DWT (Pennyweight).2527 Troy OunceGold 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 in penny weight. See chart below.Key weights to keep in mind:1 oz. (troy) = 31.10 g (31.1 grams)1 oz. (troy) = 20 dwt (20 penny weight)1.55 grams = 1 dwt (1 penny weight)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%). There are laser tests that can show approximate purity. There are acid tests that can be dangerous if the correct precautions are ignored, but 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 equals 8 holes per inch, 10 mesh equals 10 holes or openings per inch and so forth.Good Luck Bidding!PaymentPLEASE wait until the end of the auction day to pay if you are bidding on more than one of my listings... ONLY ONE payment is HIGHLY preferred. Chance of a mixup only occurs when multiple payments by one person are made. If your payment will be longer than 3 days, just drop me a message to let me know...otherwise the automatic ebay "UNPAID item" will remind you. I'm happy to wait longer as long as you LET ME KNOW.ShippingShipping is through United States Postal Service (USPS) only and I ship out within 24 hours of payment received; First Class and Priority mail are relatively fast from Alaska and travel at the same... read more

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