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(Herald Sun)   That's not a nugget, THIS is a nugget   (heraldsun.com.au) divider line 73
    More: Cool, Ballarat, gold nuggets  
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17501 clicks; posted to Main » on 18 Jan 2013 at 9:54 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



73 Comments   (+0 »)
   
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2013-01-18 09:57:39 AM  
"He's a person that really deserves it.

"He rushed to tell his wife when he found it and she didn't believe him at first. He is going to pay off a lot of bills and pay off his house - it's a real life changer.


So he's already in debt and now he's just hit a huge windfall. Is there any way that I can short a person?
 
2013-01-18 09:57:50 AM  
Looks like a spoon to me.
 
2013-01-18 09:59:05 AM  
resources3.news.com.au

On one hand: Is he wearing pants right now?
On the other hand: Would you be?
 
2013-01-18 09:59:34 AM  
found in bush

I've never found anything that great in bush.
 
2013-01-18 10:03:59 AM  
Check out these stink nuggetssssssss
 
2013-01-18 10:04:38 AM  
It's kind of a shame it'll be melted down as it is more impressive as is.
 
2013-01-18 10:08:17 AM  
No this is a nugget
students.cis.uab.edu
 
2013-01-18 10:08:32 AM  
His metal detector lists for a little over $5,000 US. He must be single.
 
2013-01-18 10:13:28 AM  
24.media.tumblr.com
 
2013-01-18 10:13:45 AM  
$300,000 seems low to me for that big a piece of gold.
 
2013-01-18 10:14:00 AM  
That detector costs between 5-7k with shipping, and gets quite a heap of praise in the article. Viral marketing?
 
2013-01-18 10:15:24 AM  
I was expecting something less metallic and more smokable. Leaving disappointed.
 
2013-01-18 10:16:22 AM  
That thing could make a lot of vibrators.
 
2013-01-18 10:17:51 AM  

js34603: I was expecting something less metallic and more smokable. Leaving disappointed.


Thats because you don't know the difference between a "nug" and a "Nug-get."
 
2013-01-18 10:18:15 AM  

orclover: No this is a nugget
[students.cis.uab.edu image 850x365]


You are also wrong. THESE are nuggets:
www.mcdonalds.com
 
2013-01-18 10:20:22 AM  
www.freeimagehosting.net">

What do ya know...the Mormons were right

 
2013-01-18 10:23:05 AM  
Of course, his detector found this thing and it was 2 feet underground. Anyone that is motivated enough to dig 2 feet for the 99.999% chance of finding a car rim has probably been doing this for quite a while.
 
2013-01-18 10:25:56 AM  
Amazing gold is worth so much. It's only real value is in electronics and optics.
Probably from ancient times when we mined gold for the aliens and they gave us food morsels or beads.
 
2013-01-18 10:25:58 AM  

megalynn44: $300,000 seems low to me for that big a piece of gold.


177 ounces x $1,680/ounce = $297,360
 
2013-01-18 10:32:45 AM  
www.derok.net

NOBODY CALLS ME NUGGET!!!
 
2013-01-18 10:33:23 AM  
*sigh* thought this was going to be a pot article.
 
2013-01-18 10:34:03 AM  

orclover: No this is a nugget
[students.cis.uab.edu image 850x365]


This.
 
2013-01-18 10:34:35 AM  
I've probably played way too much Minecraft, because my first thought was "gold? Frigging useless except for electric minecart tracks. Keep digging, you're almost low enough for diamonds!"
 
2013-01-18 10:36:27 AM  
Fark.com - It's not news, it's Reddit 3 days later.
 
2013-01-18 10:37:02 AM  
oh for the days of rap hip hop glory when some nubian mixmaster would buy that whole and have it attached to a worthy neck chain for all the world to see
 
2013-01-18 10:39:20 AM  

Deep Contact: Amazing gold is worth so much. It's only real value is in electronics and optics.
Probably from ancient times when we mined gold for the aliens and they gave us food morsels or beads.


It is amazing the number of times people, smart people, have told me they back a gold standard because the dollar have value based on people believing it does, but gold has intrinsic value based on it's scarcity.

I then point out the number of materials that are rarer and way cheaper than gold, but ... nope, nothing.
 
2013-01-18 10:50:05 AM  

orclover: No this is a nugget
[students.cis.uab.edu image 850x365]


Go back to /k/.....
 
2013-01-18 10:51:42 AM  
i48.tinypic.com
/now THATS a Nug
 
2013-01-18 10:53:16 AM  

BigLuca: Deep Contact: Amazing gold is worth so much. It's only real value is in electronics and optics.
Probably from ancient times when we mined gold for the aliens and they gave us food morsels or beads.

It is amazing the number of times people, smart people, have told me they back a gold standard because the dollar have value based on people believing it does, but gold has intrinsic value based on it's scarcity.

I then point out the number of materials that are rarer and way cheaper than gold, but ... nope, nothing.


It's possible for a material to be both rarer and cheaper than gold if the demand is low. That, plus the fact that gold's value is driven not only by its market value, but also factors like psychology and speculation, pretty well accounts for the disparity.
 
2013-01-18 10:53:32 AM  
magazine.ufl.edu
 
2013-01-18 10:54:14 AM  

Rapmaster2000: "He's a person that really deserves it.

"He rushed to tell his wife when he found it and she didn't believe him at first. He is going to pay off a lot of bills and pay off his house - it's a real life changer.

So he's already in debt and now he's just hit a huge windfall. Is there any way that I can short a person?


It's really not that much different from hitting the lottery. So he's likely to follow the predicable path of the lottery winner.
 
2013-01-18 10:55:08 AM  

Deep Contact: Amazing gold is worth so much. It's only real value is in electronics and optics.


All the gold ever mined by the human race could fit in a cube that is thirty-meters to the side. That's shared among all humans, everywhere, ever.
 
2013-01-18 11:00:55 AM  

mcgreggers99: [www.derok.net image 189x235]

NOBODY CALLS ME NUGGET!!!


Expected this within 10 posts.

You're slipping fWc. You're slipping.
 
2013-01-18 11:00:57 AM  

deadsanta: That detector costs between 5-7k with shipping, and gets quite a heap of praise in the article. Viral marketing?


Yeah, something's off about this story. No other metal detector can find an eleven pound hunk of metal under two feet of rock?
 
2013-01-18 11:03:27 AM  
www.soapysmith.net

Approves.

/I loved these comics as a kid.
 
2013-01-18 11:06:27 AM  
Are jealous
static.ddmcdn.com
 
2013-01-18 11:17:38 AM  

Cybernetic: BigLuca: Deep Contact: Amazing gold is worth so much. It's only real value is in electronics and optics.
Probably from ancient times when we mined gold for the aliens and they gave us food morsels or beads.

It is amazing the number of times people, smart people, have told me they back a gold standard because the dollar have value based on people believing it does, but gold has intrinsic value based on it's scarcity.

I then point out the number of materials that are rarer and way cheaper than gold, but ... nope, nothing.

It's possible for a material to be both rarer and cheaper than gold if the demand is low. That, plus the fact that gold's value is driven not only by its market value, but also factors like psychology and speculation, pretty well accounts for the disparity.


Yep, that is always my point to them. But that doesn't phase the gold fanatic crowd.
 
2013-01-18 11:30:39 AM  

NephilimNexus: On one hand: Is he wearing pants right now?
On the other hand: Would you be?


I suspect I would not be wearing pants for a long time after a find like that.

/two chicks at same time, man!
 
2013-01-18 11:31:04 AM  
Brought to you by Minelab GPX-5000.
24.media.tumblr.com
/Minelab GPX-5000
 
2013-01-18 11:32:52 AM  

George Babbitt: [www.freeimagehosting.net image 500x500]">

What do ya know...the Mormons were right


I was thinking whale tail, or dog.
 
2013-01-18 11:34:39 AM  
Todd Hoffman not available for comment.
 
2013-01-18 11:37:09 AM  
I'm getting a kick, because this weekend I'm going to a friend's claim in Idaho Springs, CO to do some panning.

/hope it all pans out.
 
2013-01-18 11:55:03 AM  
trickymoo: /I loved these comics as a kid.

Those are great comics, when my son was in 3rd grade we could not get him to read anything, he didn't play video games or anything - he just hated reading. I found some Uncle Scrooge comics at a garage sale and bought them for him. He read them over and over! I then went on a quest to find Disney comics until he had a pretty substantial collection, not really worth anything since they were not in the best of shape but they got him reading! My wife was concerned about him reading comics and talked to his teacher who said "Hey! As long as he is reading who cares!"

By the end of the school year he had caught up to his peers in reading comprehension and by the end of 4th grade he was reading on a high school level and had graduated to 'Silver Age' superheros.
 
2013-01-18 12:01:26 PM  
www.ejumpcut.org
We're going to town!!
 
2013-01-18 12:13:04 PM  

NephilimNexus: [resources3.news.com.au image 650x366]

On one hand: Is he wearing pants right now?
On the other hand: Would you be?


The answers are 'I think', and 'no, but I wouldn't masturbate, I just like to be pantsless around the house'.
 
2013-01-18 12:23:20 PM  
The Nugget:
i.imgur.com

/ Obscure?
// Perhaps not in the UK.
 
2013-01-18 12:28:45 PM  

jwrw: The Nugget:
[i.imgur.com image 330x233]

/ Obscure?
// Perhaps not in the UK.


Nothing on fark is ever obscure. Snooker ftw.
 
2013-01-18 12:30:31 PM  

BigLuca: Deep Contact: Amazing gold is worth so much. It's only real value is in electronics and optics.
Probably from ancient times when we mined gold for the aliens and they gave us food morsels or beads.

It is amazing the number of times people, smart people, have told me they back a gold standard because the dollar have value based on people believing it does, but gold has intrinsic value based on it's scarcity.

I then point out the number of materials that are rarer and way cheaper than gold, but ... nope, nothing.


I hear ya.

I've argued for platinum, or rare earth metals. I gave up ever discussing that again, as I could not get them to understand intrinsic values blahblahblah. I forget the name- but there's a d&d module I've played, based on books I can't remember the title to, either- but steel is the main currency, because it's the most useful metal. Gold is worth less than copper.
I dunno- Weave probably knows it, though.

Sheeit, we could use printer ink!
 
2013-01-18 12:55:15 PM  

TheMysticS: BigLuca: Deep Contact: Amazing gold is worth so much. It's only real value is in electronics and optics.
Probably from ancient times when we mined gold for the aliens and they gave us food morsels or beads.

It is amazing the number of times people, smart people, have told me they back a gold standard because the dollar have value based on people believing it does, but gold has intrinsic value based on it's scarcity.

I then point out the number of materials that are rarer and way cheaper than gold, but ... nope, nothing.

I hear ya.

I've argued for platinum, or rare earth metals. I gave up ever discussing that again, as I could not get them to understand intrinsic values blahblahblah. I forget the name- but there's a d&d module I've played, based on books I can't remember the title to, either- but steel is the main currency, because it's the most useful metal. Gold is worth less than copper.
I dunno- Weave probably knows it, though.

Sheeit, we could use printer ink!


You can't base value on usefulness because water is the most useful thing ever (try going a few days without any) and unless you're in a desert that shiat is farking everywhere.

Actually, air is even more "useful". An economy that used air as a medium of trade would be... inconvenient.
 
2013-01-18 01:13:44 PM  

Jument: TheMysticS: BigLuca: Deep Contact: Amazing gold is worth so much. It's only real value is in electronics and optics.
Probably from ancient times when we mined gold for the aliens and they gave us food morsels or beads.

It is amazing the number of times people, smart people, have told me they back a gold standard because the dollar have value based on people believing it does, but gold has intrinsic value based on it's scarcity.

I then point out the number of materials that are rarer and way cheaper than gold, but ... nope, nothing.

I hear ya.

I've argued for platinum, or rare earth metals. I gave up ever discussing that again, as I could not get them to understand intrinsic values blahblahblah. I forget the name- but there's a d&d module I've played, based on books I can't remember the title to, either- but steel is the main currency, because it's the most useful metal. Gold is worth less than copper.
I dunno- Weave probably knows it, though.

Sheeit, we could use printer ink!

You can't base value on usefulness because water is the most useful thing ever (try going a few days without any) and unless you're in a desert that shiat is farking everywhere.

Actually, air is even more "useful". An economy that used air as a medium of trade would be... inconvenient.


Honestly, for the future of mankind, I worry that control of water will be really serious.
Possibly clean air, too. Domes. Individual scrubbers. The future is hard to see.
Always in motion is the future.

And we're talking about a fantasy world where weapons for war are the most important thing. Not reality.

But I still submit that for today's economy- rare earth metals could back a currency.
 
2013-01-18 01:19:32 PM  

Deep Contact: Amazing gold is worth so much. It's only real value is in electronics and optics.
Probably from ancient times when we mined gold for the aliens and they gave us food morsels or beads.


Also used to kill cybermen.
 
2013-01-18 01:20:17 PM  

StoPPeRmobile: Looks like a spoon to me.


There is no spoon
 
2013-01-18 01:21:52 PM  

MaritimeGirl: It's kind of a shame it'll be melted down as it is more impressive as is.


It's more valuable to collectors as a raw nugget.  But it may take longer to find a buyer. Whether he takes the time to maximize return or refines it for quick cash remains to be seen.  Given the patience required to find the thing, I'm betting he'll wait.
 
2013-01-18 01:39:56 PM  
Good for him!
 
2013-01-18 01:59:39 PM  
i220.photobucket.com
i220.photobucket.com
i220.photobucket.com

I like watching her handle big nuggets.
 
2013-01-18 02:00:45 PM  
cdn09.realitynation.com
 
2013-01-18 02:17:10 PM  
Did it threaten to shoot Obama?

Oh..... nugget.
 
2013-01-18 02:22:06 PM  
No pics of nugs yet? I guess all the stoners are watching Scooby Doo.
 
2013-01-18 02:43:30 PM  
Article includes 23 seconds of hardcore Jew porn!
 
2013-01-18 03:33:03 PM  

Jument: TheMysticS: BigLuca: Deep Contact: Amazing gold is worth so much. It's only real value is in electronics and optics.
Probably from ancient times when we mined gold for the aliens and they gave us food morsels or beads.

It is amazing the number of times people, smart people, have told me they back a gold standard because the dollar have value based on people believing it does, but gold has intrinsic value based on it's scarcity.

I then point out the number of materials that are rarer and way cheaper than gold, but ... nope, nothing.

I hear ya.

I've argued for platinum, or rare earth metals. I gave up ever discussing that again, as I could not get them to understand intrinsic values blahblahblah. I forget the name- but there's a d&d module I've played, based on books I can't remember the title to, either- but steel is the main currency, because it's the most useful metal. Gold is worth less than copper.
I dunno- Weave probably knows it, though.

Sheeit, we could use printer ink!

You can't base value on usefulness because water is the most useful thing ever (try going a few days without any) and unless you're in a desert that shiat is farking everywhere.

Actually, air is even more "useful". An economy that used air as a medium of trade would be... inconvenient.


mimg.ugo.com
 
2013-01-18 03:56:15 PM  

Preston Preston:


I was thinking about the shrunk daffy chasing a pearl but you were first with the most
 
2013-01-18 03:57:07 PM  

Jument: TheMysticS: BigLuca: Deep Contact: Amazing gold is worth so much. It's only real value is in electronics and optics.
Probably from ancient times when we mined gold for the aliens and they gave us food morsels or beads.

It is amazing the number of times people, smart people, have told me they back a gold standard because the dollar have value based on people believing it does, but gold has intrinsic value based on it's scarcity.

I then point out the number of materials that are rarer and way cheaper than gold, but ... nope, nothing.

I hear ya.

I've argued for platinum, or rare earth metals. I gave up ever discussing that again, as I could not get them to understand intrinsic values blahblahblah. I forget the name- but there's a d&d module I've played, based on books I can't remember the title to, either- but steel is the main currency, because it's the most useful metal. Gold is worth less than copper.
I dunno- Weave probably knows it, though.

Sheeit, we could use printer ink!

You can't base value on usefulness because water is the most useful thing ever (try going a few days without any) and unless you're in a desert that shiat is farking everywhere.

Actually, air is even more "useful". An economy that used air as a medium of trade would be... inconvenient.


Like Wind Raiders?
 
2013-01-18 04:04:18 PM  
George Babbitt:
Hey, be fair! There's water as well as air in that!
 
2013-01-18 04:23:43 PM  
Came for the Owen Hart pic.

/leaving satisfied.
 
2013-01-18 04:37:41 PM  
A few months back I think it was the discovery channel had a pretty good show about how much the earth was worth. They took all the precious metals calculated how much had been dug and how much was estimated to be still out there. They took a lot into account. I never found out the value it was late and I passed out. But they brought up the fact that there are gold particles in the oceans.
 
2013-01-18 04:46:08 PM  

StoPPeRmobile: Looks like a spoon to me.


Alright, alright, you win. I see you've played nuggety-spoony before.
 
2013-01-18 05:45:04 PM  
olddeegee,

What happened to her? I've not seen her on tv for a couple years.

Also, her boobs look smaller in your pictures than I remember.
 
2013-01-18 09:00:01 PM  
Did someone say Nugget?
marijuana-seeds-weed.com
 
2013-01-18 10:09:39 PM  
Yes, I found this 5.5 kilogram nugget with my Minelab GPX-5000. It's the best in the world, you know. Truly, the $5000 purchase price of Minelab GPX-5000 is well worth it, when you consider that only with the Minelab GPX-5000 will you find $300,000 gold nuggets. Yes indeed.

/Minelab GPX-5000
 
2013-01-19 02:42:27 AM  
I use a Minelab GPX-5000 and before this I used the GPX-4500 and the GPX-4000. I've found quite a few gold nuggets with it too although nothing as large as the recent 177 ounce nugget from last week. But I have SEEN much larger nuggets found by others, some so large that they can't easily be carried or lifted. They end up buying cars and houses or even helicopters with their gold. A friend that uses one found $1.2M worth of gold with his detector within a small area the size of a bathtub last year. In his case it wasn't a single nugget but gold in two large slabs of quartz. One specimen yielded over 14 kilos of gold from a 63 kilogram specimen of quartz. He does it full time of course.

The guy in the media pictures holding that nugget is not the guy who found it. The one who found it has gone to ground. The guy posting with pictures of it is the gold nugget broker that the finder is using to sell the nugget.

Here's some pics of my own:

www.pbase.com
Me exploring an old gold-filled gully about 2 hours from Sydney (pic by my wife).


www.pbase.com
A very large 5+ ouncer.


www.pbase.com
6 Ounces of gold nuggets.


www.pbase.com
2.4 Kilos of gold melted from a specimen and made into ingots for transport.


www.pbase.com
7+ Kilos of gold from a specimen that gave up 14+ kilos in total.


www.pbase.com
My wife with one of her own finds
 
2013-01-19 02:49:27 AM  

whither_apophis: deadsanta: That detector costs between 5-7k with shipping, and gets quite a heap of praise in the article. Viral marketing?

Yeah, something's off about this story. No other metal detector can find an eleven pound hunk of metal under two feet of rock?


from what i heard, it's not a metal detector. it's a gold detector. that's why it costs so much.
 
2013-01-19 04:52:54 AM  

theodopolis13: whither_apophis: deadsanta: That detector costs between 5-7k with shipping, and gets quite a heap of praise in the article. Viral marketing?

Yeah, something's off about this story. No other metal detector can find an eleven pound hunk of metal under two feet of rock?

from what i heard, it's not a metal detector. it's a gold detector. that's why it costs so much.


It's not viral marketing although it's one of the most expensive on the market today. The same company produces detectors that start at about $395 and go up to the GPX which sells locally for about $6K. There's about 15 models in between that they make but the GPX is the only Pulse Induction detector in the range (see below).

The GPX is the best detector in the world for gold (just ask any prospector) but you can find gold nuggets closer to the surface with any metal detector. The GPXs are expensive and they couple probably be sold for a fraction of the price if there was any competition but the manufacturer who makes them has a lot of patents on the machine. The predecessor to the GPX was the SD-2000 which Minelab released almost a couple of decades ago. The SD-2000 was handmade at the Minelab factory and sold for about 4 ounces of gold at the time... the same as the GPX-5000 does today.

The average metal detector can only detect as deep as around 12 inches (1 foot). If you take a coin and relic detector into a goldfield, they can't handle the high iron and mineral content so you'll only be able to pick up on targets near the surface. But so-called "gold detectors" are a bit more specialized... they can handle and ignore the most mineralized soils that other detectors simply can't operate on and in places like Australia, that's the sort of soil where most gold is found. To top it off, the GPX had 10 patents on it when it was released... and it has a depth of over 5 feet and is a P.I. detector (a Pulse Induction machine... whereas most other detectors are VLF - Very Low Frequency). The company that makes them (Minelab) have an ongoing contract with the US Dept of Defense - which is where their name comes from.

Whilst it's called a "Gold Detector", it can be used to search for any metal and for artifacts. It has the ability to discriminate against iron and steel but it's so sensitive that a thunderstorm over 400 miles away can cause interference (in the form of bursts of static when there's a thunder-strike). They are far too sensitive to be used in a town and need to be operated way out in the bush. They are easy to use and although my wife and I have never taken the free training day that comes with the purchase of one, you do get tuition with the machines when purchasing one from a dealer. The Chinese have been counterfeting the GPXs for the last 4 years or so although they don't reproduce the electronics but instead wire the inside of the fake machine to the innards of a cheaper VLF detector so it looks like the counterfeit machines works.

I turned down two offers for 3 months work in the Sudan to teach the gold hunters there how to use them. The pay was half a million dollars but my Aussie passport was worth $1M on the black market there so... no dice. But in 2008, the average GPX-4500 was finding an estimated 12 kilos of gold every 24 hours. The locals would hire them out for "free" but you had to give them half of whatever you found at the end of the following day. It kept people honest because if you didn't turn over enough gold, someone else got to hire the machine instead. It was all pretty amusing until someone near Khartoum uncovered drums nuclear waste with his GPX that had been dumped in the desert by persons unknown. They found some of the world's largest nuggets ever seen before in 2008-2009 but the Africans have no concept of value and sold it all to dealers who immediately melted the nuggets down. I'm not complaining though because it means the nugget in the OP's post is still assured a place in the world as one of the largest to be sold.

www.pbase.com
 
2013-01-19 04:37:30 PM  
20 largest Alaskan nuggets
Link
 
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