Adam, It sounds like your parents were just looking to try something new (on their vacation I would venture to guess) and without experience and the equipment, most folks won't find much unless they are extremely lucky! You need to know where to go and take the needed equipment such as a Highbanker, Highbanker/Dredge Combo or a Dredge as well as the Gold Pans, Classifiers, shovels and buckets and even a Metal Detector to search for Black Sand and Gold Nuggets. Gold Prospecting is hard work and since most folks find little if any Gold on the first few trips, they usually quit! Frank
sounds interesting i am willing to take someone and pay for their ticket if they pay for the equipment lets go get some gold
I got a single W uncirculated but never got a 3 peice set. i was not happy about losing the oppurtunity to get one. Ruben
It would take a lot of coin flipping with only a 1k investment to make that happen. Weirder things have happened! Good Luck report back once the 6 weeks is up!!
spock, I already have the equipment! I have a Keene Highbanker/Dredge Combo and a Honda 5.0 Horsepower (180 gallon per minute) Trash Pump with all of the needed hoses, Gold Pans, Classifiers, shovels, buckets, a Spiral Gold Panner, a manual (water fed) type Gold Panner (somewhat similar to the Spiral Gold Panner), White's 6000/D Series 2 Metal Detector, snuffer bottles, a backup Briggs & Stratton 3.5 Horsepower (160 gallon per minute) Trash Pump and more. I wish that I could build a nice Trommel or pick one up fairly cheap and I would really be set. The only problem is in getting the equipment there, as most Airlines won't take it due to the size and weight. Frank
About the only way I can think of investing $1000 & getting $10,000 back in 6 weeks would begin with using that $1000 to buy a .9mm ....and 'taking' the rest.
Huntsman, I didn't know you were such a serious prospector. Yes, my parents only spent a few hours of their vacation panning in a river.
Adam, I can currently only go prospecting one to three days a Month but I figured if I was ever going to find some quantities of Gold or a Gold Nugget, then I needed something more serious than just Gold Pans, Classifiers and shovels! If everything works out, I will be retiring from the Federal Government next year and plan on doing some serious Gold Prospecting. By the way, most folks don't know that in most cases, native Gold...especially Nuggets bring(s) much higher prices than Coin Gold! While many 1 oz. Gold coins only fetch prices at or slightly higher than the current Gold prices, most 1 oz. Gold Nuggets fetch $1,000 to $1,200 or more and really nice specimens can fetch $1,500 or more. A Quartz and Gold specimen in which the Gold assayed at 19.54 ounces was found last year not very far from where I live. The gentleman that found the specimen, was offered $800,000 for it but he turned it down! It is the largest Gold specimen (considered a Nugget) found East of the Rockies in more than 100 years. Heck, I would have took the offer and immediately made reservations to Jamaica and anywhere else that I wanted to visit before Elk Season starts in Colorado! Frank
Gold Nuggets Frank: How are these nuggets? I won them at a metal detecting hunt last April. In Arizona.
I must be honest with you. About the only surefire way of accomplishing what you want to do is to trade aggressively in the stock market.
yes speedy, $425 is wholesale, but I would assume you go with the price where it is cheaper, some people buy it for more $$$, I buy it for less
Frank, Those are pretty nice Nuggets you have there! A couple appear to be fairly high in Copper content, is that right? Also, what is the combined weight of the Nuggets? I am not saying that you would ever want to do so but you could sell them on eBay and with nice big pictures of them compared to a ruler, the weight and where they are from, they might fetch a fairly decent price. I have yet to find anything of that size. The largest picker (as they call them) that I have found, was a little bigger than a BB at a LDMA Mine and have not been able to go back since. You see, my friend is the Member is deathly afraid of snakes and the last time that we were there, a Copperhead and a Black Snake came down the creek fighting to the death. I don't know which one will wake you up quicker, seeing these snakes floating through the section of creek you were just standing and working in or the cold mountain stream water. Since Ruben is apparently not interested in Gold Prospecting (although two nice two ounce Nuggets would probably solve his problem) and we somewhat got off of the subject at hand, I will make this my last post concerning Gold Prospecting. If anyone wants to converse more on the subject of Gold Prospecting, then don't hesitate to PM or email me! Frank