A New Way To Invest

Discussion in 'Bullion Investing' started by Collecting Nut, May 24, 2021.

  1. Collecting Nut

    Collecting Nut Borderline Hoarder

    As most of you know I’m not just a coin collector but I also have a nice collection of rocks, minerals and fossils. Many of which have been shown on a CT thread.

    I recently purchased these in an auction and I couldn’t believe that I won them at such a low price. Well, the price was below spot and for a mineral example, that’s low. I was thrilled and still am.

    This one weight just over a quarter ounce of gold. It’s the same piece just showing both sides. I do not have the area or location this was found in. Sure wish I did but I do know it was found in one of the western states.
    9838B412-72A0-4B89-8459-67A8204E7F70.jpeg 24250A59-332E-4D16-9DAE-A4B60D86FD37.jpeg
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. fretboard

    fretboard Defender of Old Coinage!

    Looks great, have you had it tested to check karats? Just wondering.
     
  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    It’s the quality of gold that counts :)
     
    Collecting Nut likes this.
  5. Collecting Nut

    Collecting Nut Borderline Hoarder

    No, it’s a deep color which means a higher quality.
     
    Eric the Red likes this.
  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    do you plan on getting it tested ?
     
    Collecting Nut likes this.
  7. rte

    rte Well-Known Member

    Buy a kit and test it yourself.

    Looks like California or Alaska gold.
    I gather a smaller piece now and again if the price is right when were not pulling it out of the ground.
    20210523_200155.jpg
     
    Eric the Red and Collecting Nut like this.
  8. fretboard

    fretboard Defender of Old Coinage!

    If it was mine, I would just take it over to a jeweler or coin shop who has an XRF spectrometer just to know how high it tests. I thought all nuggets tested 22k but I was wrong. I learned a lesson when I bought this quarter eagle. The bezel was unmarked but it tested 10k and one of the nuggets tested at below 10k. The nuggets were too close to the bezel so my LCS couldn't get a really good reading on them. Oh well, you can't win every time! :D

    112641081a.jpg 112641081b.jpg
     
  9. rte

    rte Well-Known Member

    Generally Natural Nuggets are 18-22k.
    Yours might have been made as jewelry nuggets.
     
    Collecting Nut likes this.
  10. Collecting Nut

    Collecting Nut Borderline Hoarder

    No I do not.
     
  11. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    do you care about the value ? If so I would
    definitely get it tested, but I guess if just
    like to collect them, then that’s not really
    a concern.
     
  12. rte

    rte Well-Known Member

    You know what they say about a good and a too good to be deal.
    Both deals I doesn't hurt to verify PM content.
    Below spot gold is always nice, but we all know there are different levels of spot in karat grades.

    The next guy that is looking to buy should also verify.
     
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    It weighs as a quarter ounce so I just do the math. I have another one a little larger. It looks smaller but it’s heavier. They go very nicely with my coins but they also go well with my rocks, fossils and minerals.
     
  14. fretboard

    fretboard Defender of Old Coinage!

    That could be true, I live and I learn! :D
     
  15. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    This one was tested before I bought it. 22kt

    upload_2021-5-25_7-59-53.png
     
  16. Collecting Nut

    Collecting Nut Borderline Hoarder

    Excellent!!
     
    Pickin and Grinin likes this.
  17. masterswimmer

    masterswimmer Well-Known Member

    What's the weight of that puppy? ;)
     
    Collecting Nut likes this.
  18. Collecting Nut

    Collecting Nut Borderline Hoarder

    1/4 ounce on this one. The other one I posted a few hours ago is just a wee bit heavier, like .27 ounces.
     
    masterswimmer likes this.
  19. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Under a 1/4 ounce.
     
    masterswimmer likes this.
  20. jfreakofkorn

    jfreakofkorn Well-Known Member

    Cool looking natural piece . . .
     
    Collecting Nut likes this.
  21. Eric the Red

    Eric the Red Supporter! Supporter

    Looks great . I love the look of natural nuggets.
    The Color looks splendid.

    I also enjoy collecting rocks & minerals.
     
    Collecting Nut likes this.
Draft saved Draft deleted

Share This Page