Interesting to hear what premium it goes for.
I watched the demand for certain nugget types change a lot over the yrs.
There was a time that big ones like that were snapped up well over gold price by collectors.
Then they became hard to sell over gold price. A guy I knew of, not know, had one around 200 oz expecting to get something like gold price plus 50% but no takers or even offers above gold price at the time.
In the late 1990s to early 2000s there was an insatiable appetite for gold nuggets. Buyers came to central Victoria from all over the world to buy them at anything up to 3 times the gold price for jewellry quality nuggets. A lady buyer from Germany would buy anything in the multi ounce range for twice the going rate. We had a guy from the US that came and stayed in Dunolly buying up what he could, Rattle Snake Jim, though he didn't pay crazy high prices like some. There's been times too when its been harder to find a decent buyer.
I recall once when a few of the good buyers chucked it in and im trying to sell some lovely jewelry quality stuff, 5 ounces in smooth beautifuly shaped pieces from 3 grams to 10 gram bits and was only getting offered gold price minus 15%. Buyers knew there were few options so offered ridiculously low prices for top quality nuggets. Typically those bits got double and they made who knows how much more turning them into pendants and stuff selling them to overseas buyers.
So I turned it into scrap by putting them all into my dolly pot and pounding them into scrap. The look on his face was priceless as he asked me "have you purposely destroyed these"? Im "no, its just scrap gold, you said you were only buying scrap so that's what im selling".
