1-866-646-8465

1-866-646-8465

Largest Gold Nuggets Found

U.S. Money Reserve Logo
Feb 13, 2020

Striking a colossal payload is every gold miner’s dream. Watch and listen to learn about a miner who found the largest gold nugget ever discovered in  2018.

Largest Gold Nuggets Found: Did You Know?

Narrator (00:05):
Australia is home to the first and second-largest gold nuggets recorded in history. The first one was named “Welcome Stranger” and was found in the state of Victoria in 1869. It weighed 158 pounds. This record was beat on September 11th, 2018 when miner Henry Dole discovered a nugget that weighed 198 pounds. This nugget was found in the beta hunt mine in the town of Kambalda. The miners discovered a sea of gold embedded in quartz, which took hours to pick up. Three miners were needed to lift this nugget, which as of January 30th, 2020, would be worth about $3.6 million. The total value of gold recovered that day amounted to 562 pounds of gold, valued at $14.2 million as of January 30th, 2020. The owners of the mine plan to auction the nugget because of its physical beauty and size. This discovery created excitement in Kambalda's small community. In the years prior to the discovery, four mines were closed in Kambalda, making the find even more unexpected and special. Nine months after breaking the record, more rare specimens were found in the beta hunt mine. Many believe the next nugget to beat the record may be hidden under the surface at the very same mine. Call the number on your screen, or click the link below, if you'd like to learn more about the value of precious metals, and make sure to subscribe to see more of our videos on various topics.
Narrator (01:50):
[inaudible].

Subscribe

Sign up now for latest executive insights and latest news delivered right to your inbox.
  • This field is for validation purposes and should be left unchanged.

Related Articles

The Cost of Wearing Gold: Did You Know?

The Cost of Wearing Gold: Did You Know?

One of the factors that makes Gold so unique is its malleability and ductility. In 2008, a chemist named Georg Steinhauser conducted a study showing the effects of wearing a gold ring when performing everyday activities. You can prevent wearable gold from being worn...

read more
A History of Gold as a Currency: Did You Know?

A History of Gold as a Currency: Did You Know?

Gold has been used as a currency since some of the earliest civilizations known to man. Gold’s history as a coinage dates back to at least the ancient Lydians of 700 B.C. If you’re interested in learning more, watch this episode of U.S. Money Reserve’s “Did You Know?”...

read more