Largest existing gold nugget sells at auction for $400,000
(CNN) — Gold is always worth its weight in, well, itself. Sometimes, it’s worth even more.
A gold nugget, weighing 100 troy ounces, sold at auction in Sacremento for $400,000 Wednesday night.
“We valued it at around $200,000,” said Amy Baker, auction manager for Holabird-Kagin American. “There were 6 to 7 people bidding on it, most of them anonymously. It went to an anonymous (phone) bidder.”
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