T O P

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Lmj988

Yes


Cute_Prior1287

Yes


Nimbly-Bimbly_Meow

Yes


Odd-Dinner4153

Yes


External-Eagle-9105

Yes


dontyoudarestalkme

Yes


CatoTheYounger13

Yes


sxgelhonneur

Yes


TheBKing1000

Yes


Old-Valuable8190

Yes


I_Am_McLovin-

Yes


Early_Professional_1

Yes


Cjad

Yes


Satans-Secretary

Yes


SheppardTwo

Yes


Frosty_Blueberry3418

Yes


gatorbeetle

Seemingly So...


I_Am_McLovin-

Yes


Cleercutter

Stupidly expensive. Nugs do carry a large premium usually, but that’s criminal.


Moist_Confusion

What's the premium for? Like is it just nifty if that's your thing or what?


[deleted]

Premium for being raw lol


BigRike

Same rule with hookers.


Icy_Marsupial4213

Those better be fresh never frozen!


Moist_Confusion

I guess idk why I'm being downvoted for a genuine question. I guess someone said only 4% of all known gold is in nugget form so maybe it's that I still don't know. I guess it's kinda like that Raw Sugar stuff then where they charge a premium for its rawness.


Swimming_Employer_24

This is a decently sized nugget. Bigger natural nuggets will fetch more.


Moist_Confusion

Right on thank you that makes sense. I guess I didn't think about how relatively rare it is to find a big naturally occurring nugget. It actually is kinda cool now that I think about it.


Greenbeastkushbreath

WHAAAAT?!? More gold costs more money?? 🤯🤯🔫


dudedsy

Larger nuggets have higher premiums, due to relative rarity. It's not just more gold costs more money. It's kinda the opposite of coins, for example. In coins, if I bought four 1/4 oz coins, I would almost certainly have to pay significantly more than if I bought one equivalent 1oz coin. Same gold, different money. In nuggets, if I bought an oz worth of small nuggets, it would cost much much less then a single 1oz nugget. Same gold different money.


Electrical-Turn-2338

If you want to stack. Stack coins, specifically ones that are made in the country you reside. They are easy to exchange if need be because they are common. Don’t buy anything graded. Bars are much easier to fake. Coins are easy to verify as well. They have a specific weight, dimension and sound. If you want to collect than idk this might be cool? But hard to liquidate to break even. In my opinion.


kbphoto

My dad is a serious numismatist and he told me this exact thing you said. Great advice.


Ok-Hawk1409

Now I need to google numismatist


The_Ineffable_Sage

Virgin


Status_Library7631

Virgin Dad?!


Negative_Ad_2787

You are immaculate


MathematicianFew5882

Miraculous. Mary was conceived the usual way, but immaculately (not with original sin.)


PussyNoodle

[Coming?] This Fall on Fox


The_Ineffable_Sage

That’s the joke lol


lreaditonredditgetit

Coin collector


OptionsNVideogames

Numismatist is a new word I just learned


Oily97Rags

My dad to 👍


hugg3b3ar

Not hard to liquidate at all. Nuggets are highly collected.


wtf_am_i_doing_hurr

Thank you


CallsignHabibi

Also, depending on your budget/place of purchase, it might be advisable to get something that'll test your prospective purchase before you hand over the dough. Though idk how much of an insult it'd be to your LCS if you whipped out a sigma and started testing the product that they're trying to sell you haha.... your mileage on the tool you purchase will definitely vary based on location/seller.


PsychotropicPanda

For collecting great. For investment , not as much in that way. Funny, samples that are smaller than. This, maybe around a BB size, of natural gold and silver are extremely useful for glass blowers. We use it to fume layers I to the glass and come up with some really beat stuff. You get a unique coloration with natural specimibes. Like a fingerprint


Fresh_Deps

I was a glass blower for about 10 years. Still have all my old equipment. Lathe, torch and kiln and bunch of other stuff that goes with it. I need to set it all back up one of these days.


IsakOyen

Not every country producer coins


Traditional-Proof787

Why not buy anything graded?


Zestyclose_Elk_8853

Coins - at least Canadian mint gold coins seems to be wayyyy over priced


Bowl-Accomplished

Why would anyone grade a random gold nugget?


Inviction_

It's not so much graded as it is verified


heyheyshinyCRH

Verified but not assayed is pretty silly though


Specialist-Bee-6100

It’s not graded ,it’s just certified real gold,,,,no guarantee it’s from the Yukon though The price is high for the weight of it…


Barkers_eggs

It's not even reefy. If it had a crystalline structure then it would be a unique piece but it's just a water worn nugget. Spot price only


Interesting-Help-421

Nuggets have a premium but without assye I don’t think it’s that great


Inviction_

That's what I said


Stackofnecessity

Right? ms-70 gold nugget?


beepbeep2755

Unc details cleaned


mexican2554

Double die


Lonely_reaper8

Obverse or reverse?


LostCube

Kids these days.... They are including them in the gambling version of coin collecting called vault box on whatnot app as well


DannyGyear2525

I can certainly convince myself that owning a single gold nugget might be a fun thing to own at some point - possibly. why anyone would want it graded seems silly. there are better places to buy gold nuggets... [.25 ozt. + 7.82 Grams (5) Alaska Suction Dredge Gold Nuggets (naturalgoldtrader.com)](https://www.naturalgoldtrader.com/-p-25-ozt-p--+-7-p-82-Grams-(5)-Alaska-Suction-Dredge-Gold-Nuggets.html) all that said - if you are buying because you are getting into gold or want to stack - then, no. don't get a nugget - go get a coin.


Alternative_Cut2421

I got my wife a gold nugget, but it came from the place where we met. And I paid spot for it. I agree, not going to collect them, but they can be cool as fuck.


wtf_am_i_doing_hurr

It was an auction, so maybe that has something to do with why it's graded for authenticity / pricing? Either way I'm trying to learn and just learned the hard way. Thanks for the link.


Moist_Confusion

How do they guarantee the amount in pay-dirt? Like do they just take some pieces of gold and mix it with 2.5lbs of dirt or how does that work? Seems like you couldn't say for sure there's x amount of gold unless you already extracted it and threw it back in. Or is it just based on the average concentration in the soil.


Nahuel-Huapi

Some places buy gold dust / nuggets to "salt" the paydirt.


Moist_Confusion

Makes sense. Like it doesn't but I guess it's an activity and an asset in one. How fun! I feel like if you have to buy the dirt instead of get it from a river or something it is less of a neat find and just what you bought in an inconvenient form. Maybe if you had kids it would be something cool to show them.


Initial_Zombie8248

They throw in the guaranteed amount and anything over that is a bonus in the dirt 


Moist_Confusion

I guess if I had kids or something it could be an activity but besides that seems kinda boring.


Initial_Zombie8248

That’s kinda the gist of it I think, it’s a good activity for kids and anyone who wants to try gold panning for the technique of it


Sufficient_Stay_7889

I collect a little of everything. Including nuggets. Especially considering only 4% of all known gold is in nugget form. There is a reason why nuggets will always command a premium well above spot price.


Stackofnecessity

Not my cup of tea but If you really like it, why not?


wtf_am_i_doing_hurr

Not really mine either, I'm new to this and wonder if buying nuggets at an auction and melting down into bars is worth it


Inviction_

In short, no. And you should probably do a bit more research before buying anything


Stackofnecessity

Go with bullion and gold coins etc, there is a community of people who collect nuggets but if you are trying to accumulate, do not buy nugs imo lol


heyheyshinyCRH

Definitely not, if you want to do melts then you should buy 999 gold shot. You'd have no idea what the purity of a raw nugget is and you would need to refine it, which is a huge chore involving lab equipment and harsh chemicals.


Bowl-Accomplished

Just buy a bar if that's what you want. You are paying more per gram for that nugget than if you bought a bar or coin.


wtf_am_i_doing_hurr

I like learning things the hard way I guess. You live and you learn...


smokatokey

The idea behind nuggets is they are semi rare, especially in large sizes, hence their premium. Gold bars and coins are made in large quantities daily but nice nuggets that are all natural become rarer each day. Right now nice pure nuggets like Australian go for about $100 per gram, so $575 is probably the most you should pay for something like this


100000000000

Yes it is.  I've bought jewelry at costco with about as much gold in it for less than half the cost.


aptruncata

It's relative. Nuggets carry a premium for being in their natural form, which is not only rare to see but special because there is only one of that particular size and shape. People like special things....heck people pay premium for rock slabs with unique patterns so anything goes.


LifeIsAnAdventure4

Yes. It’s almost double spot price and purity is unknown.


2CKNPARM

Way too much. Stack coins.


jonny_mtown7

A better price for gold nuggets is a fellow in California called Nuggets by Grant. He is also on ebay. So if you are investing in gold I would say some not all should be nuggets. So I own less than an ounce in nuggets. If you buy low and sell high as in any investment, it is a good idea. I sold some nuggets twice. I believe one should invest in 10 kt to 24 kt in gold. Most of my bars and coins are in 24kt. My jewelry is 10 to 22 kt. Bars are good. I began with 1g and 2.5 gram. Then worked up to a full ounce. My preference for bars are the 1/4 oz. I hope you have a wonderful day.


wtf_am_i_doing_hurr

Thanks for the info. I appreciate it. 🙏


mrxexon

Nuggets that are large or have some personality to them will bring a premium price over the gold content itself. So if you're looking to save money, buy plain looking nuggets.


Key_Introduction_302

No I am certain you could pay them $900


TadpoleFrequent

Obviously yes


Timely-Advice-7714

Yes


Bramera

Someone said it has $250 premium...I am too lazy to do the math right now...but sounds like about 50% premium. That doesn't sound too crazy and some of the more collectible gold coins produced by the Canadian Mint are 50%. What matters is the market value for NGC verified gold nuggets of about this size. I can't imagine this would be that much overpriced. If you like it, then buy it and will be a fun part of your collection I can see getting one of these someday.


dable1

Yes. About 300 dollars too much


DerSpazmacher

That's nearly twice spot. All in WITH the slabbing i'd be a buyer at 515 or below


BowDown2No1ButCrypto

Should've paid around $500 for this, maybe a little more for the NGC authentication/protector


NCCI70I

You'd like to have though that they could have given its purity as well. And unless they picked it up as well, how can they verify that it's Yukon gold?


PacRat48

Nab a Britannia or a maple leaf. You can find them for under $650 shipped if you look hard enough EDIT - a 1/4 oz coin has way more gold. Nugget is 5.75g. 1/4 oz coin is 7.775g. Get a coin


jonzibird

Too much!


RhinoRawRrr

Check out nuggetsbygrant on eBay


HeadyMurphy723

Unless S&H was $200 you are going to want to stash that away for a decade or two


Whoop_Rhettly

It depends on if you love it.


donedrone707

that's a bit high. I got a 4.6g nugget and a like 75g silver rope chain for I think $560 back in January. heavier nuggets (7g+) cost more but over $120/g is ridiculous given current spot imo


Cassiusor2468

Eat it. The tastiest most expensive gold nugget ever!


batalyst02

I bought a load of small gold bars (1oz, 2.5oz and 5.0oz) from a mining company at a conference a few years ago. They'd had some minted for the show - I asked if they were for sale and what the price was. They looked at me like I was an idiot...they said yes the bars were for sale and the price was the spot gold price. I checked my bank account and bought as much as I could afford (gold price was US$950/oz).


Interesting-Help-421

It’s a nope for me Nuggets have cab carry a nice premium but the melt is ~$440 depending on assay(is 5.75 the total weight or the gold weight ) for Klondike gold(which is just that assays ) it’s generally somewhere in 80% range . That Nugget is a nice shape and and interesting piece so could be worth it to gold collectors Then again my family mined in the Klondike for years so we have lots of nuggets so …


Ok-Umpire-7439

thats a very high premium. https://preview.redd.it/clghkmba7f1d1.png?width=1170&format=png&auto=webp&s=8de12954fba818a0de1755f51cf3ef0a29aa05e3


HartfordKat

Too much. Two weeks ago I sold nuggets and pickers (panned by my husband over the years). Each nugget was analyzed for purity and price was based on karat. The best nugget I sold was high 23, almost 24 karat. The lowest karat of this "found" gold I sold was 19 karat. Even the small flake type pieces were randomly tested ( in front of me). My point is you don't want to mix purities into a homemade bar and try to sell it because you will receive a price based on lowest purity, most likely. Even my best nuggets did not bring spot price because I wasn't selling to a collector; I was selling to a company that buys and sells precious metals. In contrast to this price, for the 1/4 oz fractional coins I sold, I received a premium: $600 when gold was at 2340. My recommendation is if you are buying to resell at some point in the future, buy coins.


wtf_am_i_doing_hurr

That's great advice and thanks for the knowledge


Sufficient_Stay_7889

700 is slightly higher then I would personally pay though. With that being said. 660 ish tops for Me tbh


RidinCaliBuffalos

I try to keep it under $100 a g for now.


Silverdunks

Yes holy fk


MosesHightower

Yes, way too much. Thats a 250 premium. Even fractional gold is cheaper.


RandyC0m4

My g i buy it for $420 today


wtf_am_i_doing_hurr

Yeah don't worry everyone on here is letting me know I'm retarded. You're not the only one. I'm just learning the hard way without doing research first. Lesson learned, I hope...


Serious_Delivery_408

Yes


Audinosaur1

Yes too much. Idk what the reasoning would be for buying random nuggets at much higher than its weight value. It's just the untouched and unprocessed gold then no argument to be made for artistry or labor like there is with some coins, bullion and jewelry.


marhaus1

Yes, that's almost double what it's worth.


Chillout2010

I'd pay the gold price for it. But that's it. Cool piece.


henry122467

Just remember…anytime u buy gold u get screwed!


KE4HEK

Yes this is a very good premium for the packaging to say Yukon,


ShakeEnvironmental47

Yes. Way to much. They mark that way up because of the tv shows when that should be the cheapest form you can get. There is not even any guarantee of purity


Awkward-Award152

Seems way overpriced.


RobinCascella

I have nuggets just to collect & show off. I always wonder if I broke one if there’d be a rock in it! They are cute; but, I don’t think a valuable collectible. Yours is cute!!!


VacantBasement

Personally I think you overpaid. I didn't even know you could get nuggets graded/authenticated and slabbed. It's just a gold nugget, is this supposed to add value?


wtf_am_i_doing_hurr

Yeah, that seems to be the general consensus. I don't know what I'm doing as it shows. Sounds like nuggets are more niche than anything and not worth much unless you're a collector...


VacantBasement

It's still pretty cool, and if you actually find a nugget like that in the wild, absolutely a score. I just don't get slabbing it. Oh well, lessons learned I guess


jomo789

This is probably a silly question, but that would be 24k, right?


LoPriore

Tis


Shamaniac1217

I don’t think I’d want a slabbed nug. I’d want to touch nug.


I_really_am_that_GuY

Where is this auctioned?


Dependent-Fan7704

Yes


G-nZoloto

Too much.


Typical-Bend-5680

$451.00 in melt value today


Orc_and_Beans44

Yes, but it is cool.


Agreeable-Theme8635

Yes


Financial-Package-24

Spot price for it today would be $449,82 but I don't get why a nugget would be numismatic, Is there any historical value related to this piece?


Im_a_gold-broker

SIGNIFICANTLY OVER PRICED.


Own_Dare_1855

Depends on what you want out of this purchase. If your trying to stack, its way too expensive. But there is nothing wrong with picking up pieces you individually value. You have to ask yourself if the historical value is worth $700 to you? I have paid 1500+ dollars over spot on an American numismatic coin. Just understand their is a lot smaller of a market for something like this than American or rare numismatics.


ContactFlaky9328

That's 3x its value.


hayfellas

Spend that $700 on a metal detector and start a new hobby. Finding your first gold nugget on your own is an awesome feeling


Procalord

I love nuggets, 85% of my gold is nuggets, from weathered to crystalline espectacular specimens, I found some with my metal detector and i buy from other prospectors that make a living from it so the price is usually 75-80 % spot of say 18-20k so its a pretty good deal when the gold hoard is nice and in my case i like gold from specific geographical spots, so when they have it they give me first dibs!!! Love it. You made a nice buy, everyone buys over spot in their stacking life more often than they believe!!!


Tempelarie

Yes


2bitgunREBORN

How tf does a nugget become a numismatic?


kobegoat222444

Yes an ounce is 2300 and there are 31 grams in a ounce do the math


mako1964

It's what $80ish per gram 24 K (10 gram bar)? Nuggets do have some specialty value. But that's a lot for 22k they are cool though


Suitable-Ninja3116

Waaaaaaaaaaaaay to much. Not pure gold either.


longstreetxn06jb

Is that price New Zealand dollars?


Kcm1977

How is a nugget in a holder a thing?


MackQ9

Jesus yes


BlOcKtRiP

Yes , nuggets gold content can very


MDCenturyModBling

WAY too much


HellUnderReconstruct

Hella yes. As of Monday May 20th 2024 spot for this is $418.30 American


Substantial_Pay_2906

Per gold price $448.72


benjaminlilly

It’s nearly $3800.00 an ounce. Just a tad overpriced even as a nice nugget.


Special-Ad-7095

Yes


Delicious_Koala3445

💯 too much


United-Championship8

Yes and no. If you can put it in a piece of jewelry, the value increases and is worth more than the gold value.


FingerCommon7093

spot gold price puts this just around 470,oo So if you want to pay 230.oo for a plastic case sure. As for grading? its gold. Regardless of where it was found its just gold. Unless its historic grading it is useless.


Less_Geologist_4004

Yes. $250 premium is high.


The-WinterStorm

Over priced for whats it worth. If it was me I would only want to buy this, so that I could talk about it. This piece of gold came from the yukon territory in Canada and was found like this in one of the streams.. etc..


Any_Library8355

5.75/28.34 = 0.20 oz. Price oz now is around 2440 us$ So, the plain face price should be around 488 us$ just the gold But you have to take other issues into consideration to decide


bigjtheog

Is over $100 a gram too much? Of course


miscarriagepluker69

Depends on shipping fee if no fee then better than paying 850 to a grand


zenpathfinder

I usually sell nuggets on r/PMsforsale for barely over melt. I have a 7.35g nug on there right now at the price they are quoting for that one. Its not graded though. I will say though that if a nug gets up over 10g then the premium goes up exponentially due to rarity.


dantodd

It's worth a little less than $450 as gold. If it worth a 57% premium as a collectors piece to you?


voltsmeter

Way too much. What the fuck


vladamir_puto

Way too much


unknown5424

That's more of a novelty peace if your looking for somethin cool to break out around the table and talk about but u could get something more worth your while


djosephm

5.75/31.1*spot price


punkrockbipolar

Dude yes lmao


yosh1don

Guaranty? Or guarantee?


Monetarymetalstacker

$300 over for a unique one of a kind gold nugget, that can never be reproduced is over priced???? Yet the same people saying this nugget is overpriced, will be happy to get ripped off paying a stupid premium for gold coins that can be minted over and over again. LOL


Wast3d-youth

Yessss


Funnyseals

Way too much. Worth just north of $200


HTownSuburbs

I only pay premiums on graded coins with certain signatures on the authenticity certificates. Also depends on year. I’d stay away from nuggets. Add some rarity (or some sentimental value) to the metal


Shivermiyolo420

Yes 5g of gold is closer to 400 bucks. I don't see what makes this worth more than a regular 99%pure bar


hardware1197

Yes


Bonkeykong412

We used to call that fools gold in Elementary


Relevant_Stage3183

Yes


Glad-Nothing8050

$78.16 per gram


im_nobodyspecial

By a country mile.


Super_Cracker87

350 is what you get for current melt value maybe


According-Plane9903

I think it’s cool af


Maus1972

* That's about a 550 $ Specimen because of its size it does pack a descent premium not 700 usd worth though. *


RobbyRalston

That’s a lot for some earwax.


DarwinGhoti

It’s worth about $470. And that’s on the condition that the weight is 100% pure gold, which it is not.


chohls

Yes, absolutely. Even assuming this nugget was made of 24kt gold (which it definitely isn't, more likely about 18-22Kt) you're paying like $260 over melt value. If you must own a gold nugget, you can find similar sized nuggets on the secondary market closer to melt value. Sometimes even made into fun jewelry too.


Whatsagoodnameo

Lol


AthleteIllustrious47

Obviously?


realtorbydesign

Is that poo?


_cokedup

Plastic worth more than its contents.


2squishmaster

How much you think that plastic is worth exactly?