Topic: So youve decided to buy gold nuggets, this may help you!
you want to buy gold nuggets and dont know much about that. This article is to help you buy gold in the form of gold nuggets or gold specimens and be satisfied with your choice.
Gold is a metal found in nature in 2 forms, metallic and sulphide (or chemically bonded to other materials), in its metal form its found as nuggets or specimens and is visible to the naked eye and can be panned, sluiced, metal detected, dry washed and is the type of gold that is sought after by recreational prospectors and hobbyists and larger mining companies. Gold in its chemical form is more often sought after by larger mining companies that have large budgets to do exploration work via drilling programs, 3d mapping, magnetometers etc, not to say that a recrational prospector cant find gold in this form but its less likely.
Experts say that only 5% of the earth reserves of gold have ever been found and mined, and of that 5% thats been found 95% is invisible to the naked eye and is found in tons of rock and crushed and leached out and then melted and poured into bars, which in turn is made into jewelry, made into coins, bars, bullion, and used in industry, which leaves us 5% that is in the form of natural nuggets and specimens that we so enthusiastically prospect for and then buy, sell, collect, hoard, talk about, dream about and perhaps even lust over.
Most new buyer of gold want to get their feet wet by buying a small amount of gold for a reasonable price and then look to see where they can do that. Ebay is very popular place to buy raw gold nuggets and there are a lot of sellers there, unfortunately IMO there are a lot of sellers there who misrepresent the gold they are selling and the buyer may be left with a sour taste in their mouths to never come back.
YES gold nuggets are rare in the grand scheme of things, so rare in fact that in nature a 1 ounce gold nugget is rarer that a 5 carat diamond, however that said I want to point out that there is a common enough occurance of smaller gold nuggets as to be able to buy and sell them for very close to spot price (spot price is the price paid on the world market in USD for 1 troy ounce of 99.9999% pure gold). When I say a common ennough occurance of smaller gold im talking about all gold nuggets that are aproximately match head in size and smaller, in ANY quantity. Yes you may a small premium for small quantities of gold (1 ounce or less) but you certainly should be getting good value for your money, if your paying more than 15% OVER spot, your paying too much as I will consistently sell high quality gold match head size (#8 screen) or smaller, for NO MORE than 10% over spot. I encourage you to shop around on Ebay or other sites and then come back here and get your feet wet safely for only $20.00 and then if your satisfied with what you biught and want to further your purchases there are many members on goldbay to help you with that!!
mlgdave

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