Gold nugget found in box of jewelry.

[cyberdan]

I don't usually post on this thread but I am curious on the value of this item. I bought over 200 pounds of junk jewelry from someone I met at a yardsale. I have pulled out a lot of nice things but last night I came across this nugget with chain hoop attached.

It weighs 2.8 gr and is 5/8" long, not counting the hoop. So raw gold value is about $115.00 right now
I have heard that jewelry quality nuggets go for more than melt. Any ideas on value?

 

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[jamey]

i got some of those at estate sales but the were fake yours looks good though

 

[bill from lachine]

cyberdan,

I've heard about a premium value also.....maybe someone from the gold prospecting forum could give you an idea.

I'd think they've probably sold some over the years so maybe they have a rule of thumb as to how much it should go for over melt.

Regards + HH

Bill

 

[baspinall]

Cool nugget reminds me of an anchor for some reason.

 

[ARC]

Nuggets always fetch more...

 

[Peyton Manning]

but it IS used! I'll give ya $10

 

[huntsman53]

The value depends on whether it is natural or man made and the purity of the Gold! I could be wrong but I feel that it may have been man made and the purity of the Gold does not appear to be very high as the color suggests 14K or near that, although the camera or lighting could be at fault for the color.


Frank

 

[cyberdan]

I took it into a pawn shop and he tested. Higher than 22K and he offered me $107, I figuered $105 before I walked in just for melt.