Precious Metals

Reuters reported that a 72 ounce gold nugget, which is bigger than a human palm and is believed to be the largest privately held nugget of its kind, went on sale in San Francisco on Thursday.

Reuters reported that a 72 ounce gold nugget, which is bigger than a human palm and is believed to be the largest privately held nugget of its kind, went on sale in San Francisco on Thursday.

As quoted in the publication:

The chunk of gold, which is larger than a human palm and weighs 72 troy ounces, was being put on sale at the San Francisco Fall Antiques Show at Fort Mason on Thursday afternoon, said Donald Kagin, president of California-based numismatic firm Kagin’s Inc.

Kagin’s Inc was billing it as the “Butte Nugget” because it was unearthed in Butte County in Northern California by a man prospecting for gold on public land in July, according to the company.

The firm did not identify the man or say where exactly in the county the nugget was discovered.

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