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    gold investing

    Huge 87 Ounce Gold Nugget Uncovered in Australia

    Teresa Matich
    Mar. 09, 2015 02:02PM PST
    Precious Metals Investing

    The Age reported that an Australian prospector has uncovered a gold nugget weighing roughly 87 ounces. He estimated the nugget was worth about $135,000, but expressed hope that a private collector might offer more.

    The Age reported that Australian prospector Mick Brown has uncovered a gold nugget weighing roughly 87 ounces. He estimated the nugget was worth about $135,000, but expressed hope that a private collector might offer more. Brown prospects as a hobby, and hopes that his success will inspire others to give prospecting a try.

    As quoted in the publication:

    Asked what he would do with the money after selling the nugget, Mr Brown said he would take his four daughters and wife out for dinner.

    On a more serious note, Mr Brown said he might pay off his tax debt and buy his children a spa bath.

    He has named his big find the “fair dinkum nugget” because when people feel its weight they say “fair dinkum this is huge”.

    Click here to read the full article from The Age.

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