How Much is My Gold Nugget Worth?

How Much is My Gold Nugget Worth?It’s a good idea to do some research before selling or buying gold nuggets. Here’s a few things to be aware of.

Refining your gold nugget will tell you exactly how much gold you have in your nugget. It could be anywhere from 60 to 98% depending on where you retrieved it from. The price is determined by the current gold spot price multiplied by the gold’s purity less your refining and assay fee. Find today’s gold spot price here.

If you’re selling to other gold nugget collectors, then appearance is important. When prospecting, be gentle as damage from your pick can actually reduce the value of the nugget. Use your metal detector to pin point the location of your nugget and dig carefully! For collectors, the look of gold nugget can be just as important for determining price as the percentage of gold it contains.

A specimen gold nugget is a matrix of gold and other rock, usually quartz or ironstone (in Australia). If the gold to rock ratio is high, and the shape shows off a lot of the gold at the surface, your nugget can hold a higher value. The largest specimen gold nugget in the world to this date is the Holterman Nugget found in Australia at Hill End, NSW in 1872 weighing in at 285 kg.

For the best price for your gold nuggets, a quality assay report and money in your account in as little as 3 days – contact PMT today.

Image courtesy of stock.xchng.



2 Responses to How Much is My Gold Nugget Worth?
  1. greg
    July 6, 2015 | 11:52 pm

    I would like an Idea on how much assaying fines and small nuggets costs, and do you buy gold?


    • admin
      August 7, 2015 | 10:42 am

      Hi Greg, Thank you for your email. The cost depends on the quantity but our minimum charge of $275 inc GST will cover up to at least 2.5kg of high grade nuggets and fines. This charge includes an assay report showing your gold percentage. Small quantities we do for no fee but at a reduces purchase price.
      We certainly buy gold and for high grade nuggets we pay 98% of world price plus GST if applicable.
      Please contact us directly on for more information or to give us better detail of what gold you wish to have refined. Thank you.
      Your faithfully, Alan Richmond

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