A nugget is not scrap gold, and it should never be priced like scrap. We pay 110% of your nugget’s gold content as a starting point — above melt value — because we sell those pieces whole to collectors instead of melting them.
That premium is not generosity, it is arithmetic. Nature makes enormous quantities of fine gold and very few good nuggets. The scarce thing carries a scarcity price, and it only survives if the buyer has somewhere to sell it intact.
If a buyer melts everything, they cannot pay you a nugget premium — there is nowhere for that value to come from.
Preset for nuggets. No email, no phone number.
A troy ounce is 31.1 g, a pennyweight is 1.56 g.
Based on typical purity for Alaska (82–93% gold). Drag the slider if you know yours and this tightens up.
Estimate only, at $4,101/oz gold. Your firm offer comes after we weigh and test the actual lot, and you are free to decline it.
Weight and purity set the floor. Everything above that floor comes from how the piece looks:
Which is why we quote standout pieces one at a time rather than off a rate table. Anything above roughly 5 grams, or with real character at any size, gets individually assessed.
Do not polish, tumble, or acid-clean a nugget. Natural surface is part of the product, and restoring it is impossible. Rinse off loose dirt, dry it, and leave it alone.
What we pay
Nuggets sit at the top because they are the only grade that never gets melted.
Fine material that sifts straight through a 40 mesh screen. It sells by weight, so the rate tracks refinery pricing closely.
The classic panning result. Jewelers and hobbyists both want it, which lifts the rate above plain melt value.
Big enough to pick up one at a time. Collectors buy these by the piece, so they earn very close to full metal value.
Sold whole to collectors and never melted. That is exactly why the rate clears 100% of the gold content.
How placer gold is valued → · Selling flakes instead? → · Fine gold and dust →
More than its melt value, if it has any character. Metal content sets the floor — weight multiplied by purity multiplied by the gold price — but a natural nugget sells whole to a collector, and that scarcity is worth a premium on top. Size, shape and visible quartz all move the number.
No. Natural nuggets typically run 70–95% gold, with silver making up most of the balance. Larger nuggets are often slightly higher fineness than the fine gold from the same creek, but the only way to know yours is to test it.
Rinse off loose dirt and dry it. Do not scrub, tumble, polish or acid-treat it — natural surface texture is part of what a collector is paying for, and stripping it can take real money off the price.
Not the good ones. That is the entire reason we can pay above melt value on coarse gold: those pieces get sold intact to collectors and prospectors. A buyer who melts everything has no way to pay you a nugget premium.
Individually. Quartz specimens are priced on appearance and rarity rather than by weight, because weighing gold-in-quartz as scrap systematically undervalues it. Send photos and we will quote the piece on its own.
Free insured shipping both ways, graded on camera, and no obligation to accept.
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