One Single 3.57 Gram Natural Gold Nugget - No Reserve

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One Single Natural Australian Gold Nugget Weighing 3.57 Grams - NO RESERVE (Gold is Hitting a New Record Every Day 2 Weeks Ago - Reaching $1,587 That Friday - WOW) You are bidding on One Single, Natural, Gold Nugget from the Western Desert Area of Australia.... Gold is formed in conjunction with Quartz and/or other minerals and, as the Quartz and/or other minerals turn to dirt and sand from the millions of years of freezing and heating, the Gold is released... In the case of the Dry Western Desert of Australia, the Gold maintains all of the Texture and Shape it was born with millions of years ago.... The Nugget's Weight of 3.57 Grams is shown in the second photo... It is approx. 5/8" x 3/8" x 5/16" - it is also shown next to a wooden ruler in the third photo for an additional reference... The black lines are 1/16" increments... There is no better time to buy Gold or Gold Jewelry .... Gold has Set New Record Highs Each Week for 5 Weeks, reaching the Record $1,587 2 weeks ago and then was up and down the last 2 weeks in Profit Taking ... Today, Wednesday 05/18, it is just $3 below $1,500 ...... Experts are now predicting Gold to reach $1,600 to $2,000 yet this year... The US Treasury is p rinting billions in dollars to "help" (really putting us deeper in debt) the economy and people in other countries (China, Arabic Countries) that are buying Gold are not printing currency, or do not let their currency "float"... The Fed is almost done with QE2 (second Quantitive Easing or Printing More Money) and now they are talking about QE3.....!!!! ---------------------------------------------------------------------------------------------------------------------- Gold Nuggets are the rarest form of Gold found in nature… 99+% of all Gold that exists has been made into jewelry or melted down into Coins or Bullion… Currently almost all commercial Gold being mined is done by dissolving the Gold in huge leach beds and then precipitating it out into a “paste” and melting it into ingots… The only Gold Nuggets being recovered are mined by individuals or a small group of individuals using sluices or occasionally just panning … These individuals are often “weekend” miners or, if they do it full time, they make only a modest living… They are a rare and “dying breed” of miners... All of this makes Gold Nuggets a rarity… Gold Nuggets have a Gold content of 88% to 98% Pure Gold… In karat terms, this is 21.1 to 23.5 karat (Pure Gold is 24 karat)… However due to the rarity of Gold Nuggets, they always are valued by collectors for more than their actual Gold content (often called “melt value”)… Even the smallest Nuggets can be valued at 125% to more than double their “melt value.”… Large Gold Nuggets, ½ ounce and up can bring a premium of double the “melt value” and more… The rarest sizes of over 1 ounce are valued even higher even though they may contain some quartz… In short, gold nuggets are valued for their rarity…. Gold Nuggets are usually sold by the Gram… However they can be sold by the Troy Ounce, Gram, or Grain… Pennyweight is Rarely used… To help to understand these relationships, we have provided a conversion table below… -------------------------------------------------------------------------------------- 1 Troy Ounce = 31.103 Grams 1 Troy Ounce = 480 Grains 1 Troy Ounce = 20 Pennyweights -------------------------------------------------------------------------------------- 1 Gram = 15.43 Grains 1 Grain = 0.0648 Grams -------------------------------------------------------------------------------------- read more

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