ARE GOLD NUGGETS A GOOD INVESTMENT?

ARE GOLD NUGGETS A GOOD INVESTMENT?

Gold nuggets for investment is a controversial issue. It is easier to sell bullion gold or gold in coins. But there is a community of collectors who collect unique and unusual nuggets of gold. Also, the Museum of mineralogy can buy nuggets of attractive shape from you. The purity of the nugget (the percentage of pure gold) in the gold nugget is different. There are practically pure nuggets. And there is an admixture of silver or other metals. Usually, if you want to sell a gold nugget, you will most likely buy it at a discount. Unless it is an extraordinary beauty mineralogical rarity).  Why are gold nuggets usually cheaper? Because if you sell to a jeweler, he will need extra work to clean this gold from impurities. But recently, men's jewelry with gold nuggets (pendants and signet rings) has become fashionable.

Currently, some jewelry companies make jewelry with nuggets. If you decide to purchase such a product, then follow the following recommendations when evaluating a nugget as an insert in a piece of jewelry:
-find out the mining location (it must be indicated in the certificate);
- find out the probation (percentage of pure gold content);
-pay special attention to the study of form – its artistic expressiveness.

What you need to know about gold and the largest gold nuggets?

Gold is the most essential metal in the production of jewelry. It is a shiny yellow metal, denoted by the alchemical sign of the Sun. It has been in circulation at all times and almost everywhere belonged to the most expensive materials.
Since the beginning of its history, gold has become the metal of kings and the king of metals. The American Indians called gold "The hardened brilliance of the Sun." The ancient Greeks believed that "gold is indestructible because it is a child of the Sun."
Back in the 4th century BC, King Philip II, the father of Alexander the Great, said that even before a donkey loaded with gold, the gates of any fortress open.
In ancient times, the main centers of gold mining were Upper Egypt, Spain, India, Altai, Kazakhstan, China, Central, and South America. At that time, gold was extracted from placers by hand, as well as by washing sand on shields covered with animal skins with trimmed wool, on which gold grains stuck, and from ores – by heating the gold-bearing rock to cracking, followed by crushing large pieces in stone mortars and grinding with millstones. Gold is characterized by good flexibility and malleability, so jewelry has been quickly made from it since ancient times. It is so plastic that a wire with a length of more than 2 kilometers can be pulled out of 1 gram. In the air and at sufficiently high temperatures, gold does not lose its properties. It resists acids and dissolves only in "royal vodka" (a mixture of concentrated nitric and sulfuric acids).
Especially rich in the content and size of gold reserves were discovered in Ghana (1471), Mexico (1500), Peru and Chile (1532), Brazil (1577), Russia (Ural - 1745, Yenisei - 1829, Lena - 1846, Amur - 1857), Canada - (1853), USA (1848), South Africa (1884).
Most often, gold is found in nature in its pure state in the form of small grains or flakes either in quartz veins or in deposits formed by weathering and leaching of gold-bearing rock. At unique refining plants, measuring ingots of various weights are made of gold, then delivered to banks or purchased by jewelry factories to produce the jewelry.
Sometimes there are nuggets of gold in nature. The largest nugget, "Japanese," was found on the island of Hokkaido. It weighs 71 kg. Only a kilogram inferior to him is the "Welcome Stranger" discovered in Australia. Large nuggets have also been found in Russia. So, in 1842, a "Big Triangle" weighing 36 kg was found in the Urals. It is stored in the Diamond Fund. There are also other unique nuggets there. Some of them have been given bizarre shapes by nature. Interesting nuggets "Dolphin" (10.4 kg), "Turtle", "Camel". The content of pure gold in such nuggets is at least 80%.