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Jefferson The 51st State
Large gold nugget found in Butte County
Oct 21, 2014 4:49 PM by News Staff
A five pound, quarter of a million dollar gold nugget was found on Butte County public land this summer.The nugget, found in July, is currently being held at Kagin's Inc. in the Bay Area and will be unveiled to the public at the San Francisco Fall Antiques Show scheduled to begin Thursday.
Information about the nugget and its finder remain vague.
The person who found it has chosen to keep their identity a secret, and the location of its discovery is only being described as somewhere in the foothills in Butte County on public land.
The Butte Nugget was found with a metal detector, buried about 12 inches underground. It weighs in at 5.18 pounds and is 75 troy ounces. Experts say the gold is valued at somewhere between $250,000 and $400,000.