Huge gold nugget up for sale in California

October 24, 2014 02:46 am | Updated May 23, 2016 04:59 pm IST - SAN FRANCISCO

The Butte Nugget

The Butte Nugget

One of the biggest gold nuggets found in modern times in Northern California’s historic Gold Country is going up for sale.

Weighing in at more than 2.8 kg, the Butte Nugget is expected to carry a price tag of $350,000.

The San Francisco Chronicle reported on Wednesday that the nugget’s owner asked dealer Don Kagin to keep his name and the location of the discovery secret.

What’s known is that a gold hunter found it in July on public land in the Butte County mountains.

David McCarthy, a coin and rare-minerals expert, told the Chronicle that he took a blindfolded ride to the site of the discovery so he would be satisfied the nugget was genuine.

Unveiling The gold chunk will be unveiled on Thursday at the San Francisco Fall Antiques Show.

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