What do you think it’s worth?

[minerjosh]

Hey all! Wondering what you all think this bad boy is worth? Would you put a set price or would You you auction it online? Specific Gravity test shows 1 Troy oz gold content. Total weight is 48.9 grams. I’m curious what you all think. How would you price something like this if you were going to sell it?

 

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[Robot]

Cannot advise on this as I have never tried it.

Could you separate the Gold from the Ore?

elemental mercury is used to extract gold from ore as an amalgam. The amalgam is typically isolated by hand and then heated—often with a torch or over a stove—to distill the mercury and isolate the gold.

 

[minerjosh]

Cannot advise on this as I have never tried it.

Could you separate the Gold from the Ore?

elemental mercury is used to extract gold from ore as an amalgam. The amalgam is typically isolated by hand and then heated—often with a torch or over a stove—to distill the mercury and isolate the gold.

Cannot advise on this as I have never tried it.

Could you separate the Gold from the Ore?

elemental mercury is used to extract gold from ore as an amalgam. The amalgam is typically isolated by hand and then heated—often with a torch or over a stove—to distill the mercury and isolate the gold.

Thanks for the reply, i know there is an ounce of gold so surely it’s worth that if I was to extract all the gold. I’m more interested in the opinions on specimen value. This should stay the way it is in my opinion and be displayed in a collection

 

[smokeythecat]

It seems these as specimens always bring more than spot gold price, which you probably wouldn't get anyway, they way the market is set up. I'd leave it as is. Its a gorgeous piece.

 

[arizau]

Hey all! Wondering what you all think this bad boy is worth? Would you put a set price or would You you auction it online? Specific Gravity test shows 1 Troy oz gold content. Total weight is 48.9 grams. I’m curious what you all think. How would you price something like this if you were going to sell it?

Beautiful specimen......I would keep it!

As far as someone selling it, I would say to auction it with a reserve price that you would be happy with. Like maybe spot times total weight of the specimen then rachet down if no bidders.

 

[tamrock]

That's a tough one maybe $2500. $3500 usd, After seeing your beautiful specimen my mind wandered into the idea of how many rings like this could be made out of such specimen as that.

 

[oldmxrat]

Beautiful specimens like that definitely get considerably more than just the melt value.

 

[scruggs]

Very nice specimen! I would leave it as is and keep it.

 

[mike(swWash)]

Some people will dissolve some of the quartz chemically to expose more of the gold.

 

[dsrtdwg1]

Beautiful piece, great find! Agree with tamrock, maybe talk to a lapidary jewelry maker to find out if the quartz is hard enough to polish. Properly slabbed and polished would probably max the value. Best of luck whatever you do.

 

[Peyton Manning]

I’m not sure how you know there’s an ounce of gold
$75

 

[minerjosh]

I’m not sure how you know there’s an ounce of gold
$75

Specific Gravity test. Confirmed by lapridary jeweler, a gold nugget sales company, and my local Gold dealer. Who all have the nice fancy SG scales. My at home test was spot on. Using 2 different formulas both came within 3 tenths of a gram with each other. 31.1 and 31.4 grams gold content.

 

[Reed Lukens]

The specific gravity test only works if it's only gold & quartz. If there's any sign of other minerals that you can see, then the specific gravity test doesn't work. Reguardless though, it's a 1½oz troy gold specimin nugget, so I'd either throw it on ebay for $2500.00 set as a minimum or ask $3000.00 for a buy it now. Because it's a nice specimin, figure the entire weight. If you need to sell it fast, like to a dealer, you might get probably $1500.00 - $2000.00 as is. So I'd definitely sell it on ebay or slab it myself.

 

[Assembler]

If the sample rock is slabbed from the center out you should get a good idea how much jewelry rock area there is and how many slabs there is to trade or sell.

 

[minerjosh]

Well I sold that nugget. I’ve never sold gold online or shipped in the mail. I know eBay takes 13 or 14 % plus they charge more to advertise. I put it on there for an auction for a few days with 0 viewers. I tried to gooogle search my exact post and it never could be found on the internet. I think if you havnt ever used eBay they want you to buy ads before they put your item in the algorithm. I’m just guessing? Anyway I decided to drive around to a few different places within a couple hours drive to show it. After a couple of lowballer offers ($1500 range) I was a little disappointed. I know when I sell small gold nuggets 80-85% of spot is the normal. I’ve been finding and selling gold for several years. I was hopeful to get a better offer for this. I did get an offer over spot $2212. From one online gold trader that I sent emails to. I’m just not keen to shipping the gold first and receiving money after they get the nugget. I’m sure it was legit I just held off on that. A half hour away from me there is a lapidary/ jewelry shop/ mining museum. They were very excited about this and I just told them if I could get spot price for the ozt of gold I’d be happy. They wrote the check without thinking too hard about it. So I got $2,036. That was spot that day. I have no experience slabbing or jewelry making. I’m just the miner. I had to sell it well because that’s what I do and it paid some bills.

 

[pepperj]

Well I sold that nugget. I’ve never sold gold online or shipped in the mail. I know eBay takes 13 or 14 % plus they charge more to advertise. I put it on there for an auction for a few days with 0 viewers. I tried to gooogle search my exact post and it never could be found on the internet. I think if you havnt ever used eBay they want you to buy ads before they put your item in the algorithm. I’m just guessing? Anyway I decided to drive around to a few different places within a couple hours drive to show it. After a couple of lowballer offers ($1500 range) I was a little disappointed. I know when I sell small gold nuggets 80-85% of spot is the normal. I’ve been finding and selling gold for several years. I was hopeful to get a better offer for this. I did get an offer over spot $2212. From one online gold trader that I sent emails to. I’m just not keen to shipping the gold first and receiving money after they get the nugget. I’m sure it was legit I just held off on that. A half hour away from me there is a lapidary/ jewelry shop/ mining museum. They were very excited about this and I just told them if I could get spot price for the ozt of gold I’d be happy. They wrote the check without thinking too hard about it. So I got $2,036. That was spot that day. I have no experience slabbing or jewelry making. I’m just the miner. I had to sell it well because that’s what I do and it paid some bills.

One can go for the long play, hoping to get more $$$.
Getting the cash in hand is always a nice kicker.
Congratulations on the recovery and sale.

 

[tamrock]

Well I sold that nugget. I’ve never sold gold online or shipped in the mail. I know eBay takes 13 or 14 % plus they charge more to advertise. I put it on there for an auction for a few days with 0 viewers. I tried to gooogle search my exact post and it never could be found on the internet. I think if you havnt ever used eBay they want you to buy ads before they put your item in the algorithm. I’m just guessing? Anyway I decided to drive around to a few different places within a couple hours drive to show it. After a couple of lowballer offers ($1500 range) I was a little disappointed. I know when I sell small gold nuggets 80-85% of spot is the normal. I’ve been finding and selling gold for several years. I was hopeful to get a better offer for this. I did get an offer over spot $2212. From one online gold trader that I sent emails to. I’m just not keen to shipping the gold first and receiving money after they get the nugget. I’m sure it was legit I just held off on that. A half hour away from me there is a lapidary/ jewelry shop/ mining museum. They were very excited about this and I just told them if I could get spot price for the ozt of gold I’d be happy. They wrote the check without thinking too hard about it. So I got $2,036. That was spot that day. I have no experience slabbing or jewelry making. I’m just the miner. I had to sell it well because that’s what I do and it paid some bills.

Just gotta let go at times. Pretty fair deal I'd say.

 

[dsrtdwg1]

Congrats, Good on you as long as you are happy with what you got. I sell all mine also. The happiest moment is seeing it in the scoop, all downhill from there.

 

[Mine Shaft]

Don't know what it's worth but i sure the hell would be back at the place i found that chunk lol. Good luck.