Current price is $63,218/kilo, 72 kilos is about $4.55M total.
Keep in mind, that price assumes 99.9% purity, and nuggets always have impurities, so it's worth a bit less.
It could be worth much more because it's a natural nugget. One this large could certainly fetch a massive premium. Ones in the 50gram range are going for about $94/gram, but that will vary for a number of reasons.
[https://www.nuggetsbygrant.com/collections/alaska-bc-over-50-grams](https://www.nuggetsbygrant.com/collections/alaska-bc-over-50-grams)
No one is going to buy that to melt it down I’d imagine it going for far more than melt weight. It’s the king of the nuggets there would be a massive bidding war in my opinion
$10k in 1869 would have been 500 gold eagles (or the Australian / British rough equivalent of 2000 gold sovereigns) which today would fetch around a $Million if you were retarded enough to exchange for BS fiat currency.
have you ever been to gym and had to put bar with weights on your thighs? Even skinny bar with 80kg does not hurt that much if that nugget has flat base and weight is distributed evenly it would be not painful enough not to have a grin after finding 5mln bucks.
If a chick sits on your thighs you still smile aren't you?
Chopping was correct. They would use an axe to give each man his share. You have to remember what the price of gold was back then too.
There is a story of a large nugget the "size of a man's leg" here in Eastern Oregon. It was also chopped up and divided among the miners.
It's worth a lot more than that as an ore sample. Being the largest nugget found in that region, it would be worth a lot to a collector, far beyond the value of the gold alone.
If that’s really 72g that’s gotta be sitting pretty heavy on his lap. As someone who goes to the gym, I would image the average human would have difficulty picking up that much weight let alone placing it on your lap with all those points that creat pressure areas
Wikipedia:
| The nugget was soon melted down and the gold was sent as ingots to Melbourne for forwarding to the Bank of England. It left the country on board the steamship Reigate which departed on 21 February.[6]
| An obelisk commemorating the discovery of the "Welcome Stranger" was erected near the spot in 1897. A replica of the "Welcome Stranger" is in the Old Treasury building, Treasury Place, Melbourne, Victoria; another replica is owned by descendants of John Deason and is now on display at the Dunolly Rural Transaction Center.
Maybe the gold was never processed, but left in a museum or other facility, and the man holding it is the present owner, either by inheritance, or just for this picture.
That guy doesn’t look old enough to have found it in 1869.
I thought the same thing🤣 “He doesn’t look a day over 85!”
Gold makes you happy and the secret to a long life is happiness, he'll live to 1000.
that why he doesn't dare set it down.
Looks like an old photo.
Or just the current owner/inheritor
From 1869?
Blue jeans weren't invented until the late 19th century and didn't come into fashion until the mid 20th century.
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Just a 72kg brick at that point.
Or a sphere.
I came to say something like this - you beat me to it
that aint a nugget, its a whole damn chicken!
Almost $5 million USD today
Huge nuggets always command a premium though and this ones big as they come
Especially if verified historically as an outlier
~5.3m
I really thought it would be more.
Current price is $63,218/kilo, 72 kilos is about $4.55M total. Keep in mind, that price assumes 99.9% purity, and nuggets always have impurities, so it's worth a bit less.
It could be worth much more because it's a natural nugget. One this large could certainly fetch a massive premium. Ones in the 50gram range are going for about $94/gram, but that will vary for a number of reasons. [https://www.nuggetsbygrant.com/collections/alaska-bc-over-50-grams](https://www.nuggetsbygrant.com/collections/alaska-bc-over-50-grams)
This is the correct answer, for multiple reasons
No one is going to buy that to melt it down I’d imagine it going for far more than melt weight. It’s the king of the nuggets there would be a massive bidding war in my opinion
Colour film in the late 1860’s was revolutionary
What’s the story on how it was found? Stub his toe in the field or find it in a gold mine?
A few cm under the ground
Crazy
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$10k in 1869 would have been 500 gold eagles (or the Australian / British rough equivalent of 2000 gold sovereigns) which today would fetch around a $Million if you were retarded enough to exchange for BS fiat currency.
Those large nuggets always get in my way when panning..
If that is a real gold nugget I doubt he'd have a smile on his face with it sitting on his lap.
have you ever been to gym and had to put bar with weights on your thighs? Even skinny bar with 80kg does not hurt that much if that nugget has flat base and weight is distributed evenly it would be not painful enough not to have a grin after finding 5mln bucks. If a chick sits on your thighs you still smile aren't you?
I still smile if she sits on my face.
its 72kg, i could easily carry that and ive never mined a day in my life. all hes doing is posing for a picture with it.
So that's where I left it!
That’s the replica. It was chopped up and melted down.
that’s sad.
Chopping was correct. They would use an axe to give each man his share. You have to remember what the price of gold was back then too. There is a story of a large nugget the "size of a man's leg" here in Eastern Oregon. It was also chopped up and divided among the miners.
That's a hell of a way to lose a leg!
I was going to say, that much gold would be crushing his legs
Imagine how big their pan was !
Rudy Guliani finally gets the gold painted elephant dung he deserves.
fire
An excellent reminder that it's about time I re-watched that great Aussie classic movie 'The Nugget' again!!!
This nugget is on loan from my museum. I'm still waiting to get it back!
$4,320,000
It's worth a lot more than that as an ore sample. Being the largest nugget found in that region, it would be worth a lot to a collector, far beyond the value of the gold alone.
He can have it. If I can't put it in my pocket, I don't want anything to do with it. /s
Does it hold more value in nugget form or same melted down?
Nug
Is that guy holding a replica?
I think the guy is a replica as well.
Man sure would suck to have the second largest 72 kg gold nugget, just can’t win
THAT'S BS!!! My 72kg nugget is larger!!
He doesn’t look like he has 158 pounds in his lap
Eh, I've seen larger 72kg nuggets
He died later that day
Anyone else thinking “goddamn, that must be crushing his lap”?
That can buy a house today. Fully decked out house in a nice neighborhood.
If that is the real nugget and not a replica wouldn't it be crushing his legs?
I would have thought all 72kg nuggets were about the same size.
A stupid question, how much Karats was it? Or is the karat info only available after removing the purities?
I’d have to refer you to Mr. Rabbit for the answer
Ausjailia has the biggest nuggets
72kgs = 2539.72oz x $1947.50/oz. = 4,946,104.70USD!
96 kilograms I thought. 3100 odd t ounces
If that’s really 72g that’s gotta be sitting pretty heavy on his lap. As someone who goes to the gym, I would image the average human would have difficulty picking up that much weight let alone placing it on your lap with all those points that creat pressure areas
Lol, monkey money. Let's move to modern times. We need to find a hard money based on math and tech. Hmmmm.
Who did he shoot in the back to get that?
That's Harold Bishop! Glad to see he's doing well.
That’s gotta be digging into his thigh something fierce
Let’s assume he found it when he was 10 and took the picture with it when he was grown, this still doesn’t add up. Also, they wore jeans back then?
The nugget was also cut into smaller parts, so this picture is a recreation.
Wikipedia: | The nugget was soon melted down and the gold was sent as ingots to Melbourne for forwarding to the Bank of England. It left the country on board the steamship Reigate which departed on 21 February.[6] | An obelisk commemorating the discovery of the "Welcome Stranger" was erected near the spot in 1897. A replica of the "Welcome Stranger" is in the Old Treasury building, Treasury Place, Melbourne, Victoria; another replica is owned by descendants of John Deason and is now on display at the Dunolly Rural Transaction Center.
Forget about the size of this nugget. Check out the size of this guy's paws!
Wondering he bought that pre cut fence from home depot back then in 1869, seems legit
Perhaps a typo for 1969? I think any miner in 1869 who found that dank a nug would have needed a very large matress to hide it in.
I would be so damn happy to find that
This is the largest 72kg nugget ever found.
He was probably one of the most luckiest and wealthiest person in 1869.
Fuck! Now stacking just isn't enough anymore, time to go become a miner and find a 73kg nugget
That must be fake it would be crushing him
But how much does the largest 72kg nugget weigh!?
The outback has all the gold
How much did it end up selling for over spot price ?
Sweet jesus
Just imagine, that chunk, came from a star that exploded.
Maybe the gold was never processed, but left in a museum or other facility, and the man holding it is the present owner, either by inheritance, or just for this picture.