2019-03-23 Sat

APMEX has collaborated with the Perth Mint to release a special silver coin that celebrates the 150th anniversary of the discovery of one of the largest Gold nuggets found on earth. The obverse side depicts the historic nugget and inscriptions “Welcome Stranger 1869”, date and coin specifications .9999 fine Silver. The reverse side depicts a portrait of Queen Elizabeth II designed by Jody Clark. The mintage limit for this coin is 25,000 pieces.

A miner named John Deason found a huge nugget near the roots of a tree just three centimetres below the surface near MoliaguL, Australia, on 5th February 1869. Deason and his partner, Richard Oates started digging out the nugget in the evening and finally realised that they had discovered the biggest alluvial Gold nugget. The nugget was called “Welcome Stranger” and was submitted at a bank in Dunolly. The nugget was broken down as it was too huge to be weighed at one go. It contained a mammoth 2,269 ounces of Gold, apart from about 47 ounces that were given away by Deason and Oates.

Image Courtesy: APMEX