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A gold nugget is a naturally occurring piece of native gold. Watercourses often concentrate nuggets and finer gold in placers. Nuggets are recovered by placer mining, but they are also found in residual deposits where the gold-bearing veins or lodes are weathered. Nuggets are also found in the tailings piles of previous mining operations ...
The world's largest gold nugget on display, the Hand of Faith, is still shown today in the Golden Nugget lobby. [15] Weighing 875 troy ounces (960 oz; 60.0 lb; 27,200 g) and 18 inches (46 cm) in length, the Hand of Faith was found near Kingower, Victoria , Australia , and put on display at the casino in 1981 amid a number of other gold nuggets.
Along with other gold-heavy quartz pieces, the gold was first believed to be bits of damaged machinery. A number of days later, the materials were examined and found to be full of gold. The “Crown Jewel” was the largest of the pieces, weighing in at 60 lb troy (22.4 kg). [4] The finding of the gold was reported by The National Enquirer. [5]
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It was sold to the Golden Nugget Casino chain for over a million dollars. [1] The Hand of Faith is currently on public display at the Golden Nugget Las Vegas [2] in the United States. Replicas of the nugget are on display at a number of Golden Nugget casinos, including the Golden Nugget Laughlin and the Golden Nugget Atlantic City.
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.
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The same year, the original nugget was moved to a safe deposit box over theft concerns and a replica was put on display in its place. [6] In 2014, a secure case was installed in the museum so the original could be placed on permanent display. [5] [7] The authenticity of Potato Creek Johnny's gold nugget has been the subject of debate.