12-Pound Chunk of Gold Found!

12-Pound Chunk Of GoldWow! Many of you know I’m officially a prospector now with my own mining claim, but can you imagine finding something like this? This baby has a current market value over $300,000! The rarity of such a large gold nugget along with it’s unique shape can increase the value even more!

Apparently the nugget was found in an area of Australia known for large gold nuggets that is commonly prospected. Passed over by hundreds of diggers, this jackpot nugget was found by an anonymous lucky prospector using a new high-tech metal detector. Boy what a find! All it would take is one piece like this for me to retire to become a full-time digger! Maybe I need to add that metal detector to my collection of digging tools…

For more info on this exciting story, visit: http://gizmodo.com/5976925/man-finds-12+pound-300000-gold-nugget

Author: Michelle M. Rahm is a GIA-trained Graduate Gemologist and is President of Colorado’s Mile High Chapter of the GIA Alumni Association. She has been selling gemstones and jewelry online since 1997. Visit her websites JewelryImpressions.com and OurCustomWeddingRings.com

About mrahm

Michelle holds a Graduate Gemologist Diploma, Graduate Diamonds Diploma and Graduate Colored Stones Diploma through the Gemological Institute of America's distance education program. Michelle currently serves as President of the Mile High GIA Alumni Association. She also serves on the board of the Rocky Mountain Jeweler's Association and is a member of the American Gem Trade Association.
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