First of all super nice !! but one would have to wonder how easy that would be To convert to cash if need be ? and the premiums associated with purchase ? Higher, lower then coins ?
It comes w/a coa from Perth Mint of Australia. It'll probably be sold to a dealer. But for the time being, it'll be an item to show off & enjoy, just like collecting bb cards, stamps, art, etc.
I'm assuming that is a natural gold nugget. If so, it's not 24k, natural gold does not come pure. It's probably somewhere in the 20K - 22K purity range. Liquidity is fairly easy, a dealer will more than likely buy it with the assumption of it being 18K and pay just shy of melt. But if you sell it to a collector, then a nugget that size could bring multiples of spot as a specimen. Melt at 20K would put it at just over $2,100.00. A collector might pay as much as $5,000.00 - $7,000.00 for it because nuggets that size are rare.
Thanks for the info. I don't think it'll be sold in the near future. It's good to know the larger the nugget, the higher the premium.
My mother bought me this when she went to Alaska, it's a 3.6 gram polished gold nugget. I'm sure she payed the tourists price. Sorry camera is no good.
