$500 000 Gold Nugget found in Vic

[Eureka Moments]

http://www.thecourier.com.au/story/286445/500000-gold-nugget-found-in-ballarat-region/?cs=62

a GOLD nugget worth about $500,000 has been discovered in the wider Ballarat region.
Weighing a whopping 3.66kg, the nugget named Destiny was found by three unnamed prospectors in the Golden Triangle region of Ballarat, Bendigo and Stawell last month.

I dont know whether to laugh or cry.

 

[Au-mageddon]

Well if you are one of the un-named prospectors, I would suggest laugh.

On the upside, amazing to think there are still huge nuggets still left undiscovered.

 

[digoxin]

Ha ha love the quote about whether it was bigger than 10oz. Bloody oath it is.

 

[Eureka Moments]

Largest (known) Nuggets found in Vic.

Name Size Found
1. Welcome Stranger 2284oz (71.03kg) 1869, Moliagul
2. Welcome Nugget 2217oz (68.95kg) 1858, Ballarat
3. Blanche Barkly 1743oz (54.21kg) 1857, Kingower
4. Precious 1717oz (53.40kg) 1871, Rheola
5. Canadian 1319oz (41.02kg) 1853, Ballarat
6. Lady Hotham 1177oz (36.60kg) 1854, Ballarat
7. Sarah Sands 1117oz (34.74kg) 1853, Ballarat
8. Viscount Cant'bry 1114oz (34.65kg) 1870, Rheola
9. Unnamed 1034oz (32.16kg) 1855, Maryborough
10. Unnamed 1011oz (31.44kg) 1853, Ballarat

 

[Eureka Moments]

At 3.66kg the Destiny Nugget has a current spot value of $185 000-$190 000

$500 000 is a fair mark up over spot.

 

[Goldmember]

Pretty freakin awesome.Hope they post a vid on YouTube!

 

[Clawhammer]

At 3.66kg the Destiny Nugget has a current spot value of $185 000-$190 000

$500 000 is a fair mark up over spot.

...plus nuggets often aren't 100% pure refined gold, so that # can come down further.