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Gold nuggets of various sizes have been found throughout the world. Historically, the nuggets are melted down and formed into new objects. The Welcome Stranger is the largest alluvial gold nugget ever found, which had a calculated refined weight of 97.14 kilograms (3,123 ozt). Three of the biggest nuggets come from the Brazilian Serra Pelada mine.
Nuggets are also referred to by their fineness, for example "865 fine" means the nugget is 865 parts per thousand in gold by mass. The common impurities are silver and copper. Nuggets high in silver content constitute the alloy electrum. [5] The chemical composition of supergene gold nuggets can reveal the characteristics of the primary ore. [6]
John Kautz, proprietor of Ironstone Vineyards, purchased the gold specimen in 1994 for an undisclosed price; its appraised value at the time was $3.5 million. [1] Kautz had the 60 lb troy (22.4 kg) nugget etched with acid to remove most of the quartz; the resulting gold leaf specimen is 44 lbs troy (16.4 kg).
Deason and Oates were finally paid an estimated £9,381 (equivalent to A$1,485,000 in 2022) for their nugget, which became known as the "Welcome Stranger". At August 2019 gold prices, it would be worth US$3.4 million [2.3 million GBP]. It was heavier than the "Welcome Nugget" of 69.0 kilograms (2,217 ozt) that had been found in Ballarat in
The Hand of Faith is a gold nugget of fine-quality [vague] that was found by Kevin Hillier using a metal detector near Kingower, Victoria, Australia on 26 September 1980. Weighing 875 troy ounces (ozt; 27.21 kg, or 72 troy pounds and 11 troy ounces), the gold nugget was only 12 inches (30 cm) below the surface, resting in a vertical position.
At 201 troy ounces (13.8 lb; 6.3 kg), [2] it is the largest surviving single piece of gold from the California Gold Rush. [3] The nugget was found in Davis' Grit Mine at Spanish Dry Diggings at a depth of 200 feet (61 m), [1] and was eventually shipped to New York City, where it was purchased by Jules Fricot for approximately $3,500. [4]
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