Beautiful Natural Gold Nugget 3.41gm! Mint Year: 1974 Mintage: 18,000 pcs. (each) Denomination: Natureal Gold Nugget Condition.
Minor mineralization evident (typical for natural gold nuggets), otherwise as pictured! Material: Natural Gold (said to have been gathered in California) Diameter: ca. Is a chemical element with symbol Au from Latin. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal.
Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental (native) form, as nuggets or grains, in rocks, in veins, and in alluvial deposits.
It occurs in a solid solution series with the native element silver (as electrum) and also naturally alloyed with copper and palladium. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is thought to have been produced in supernova nucleosynthesis, from the collision of neutron stars,  and to have been present in the dust from which the Solar System formed. Because the Earth was molten when it was formed, almost all of the gold present in the early Earth probably sank into the planetary core.
Therefore, most of the gold that is in the Earth's crust and mantle is thought to have been delivered to Earth later, by asteroid impacts during the Late Heavy Bombardment, about 4 billion years ago. Gold is resistant to most acids, though it does dissolve in aqua regia, a mixture of nitric acid and hydrochloric acid, which forms a soluble tetrachloroaurate anion. Gold is insoluble in nitric acid, which dissolves silver and base metals, a property that has long been used to refine gold and to confirm the presence of gold in metallic objects, giving rise to the term acid test. Gold also dissolves in alkaline solutions of cyanide, which are used in mining and electroplating.
Gold dissolves in mercury, forming amalgam alloys, but this is not a chemical reaction. As a precious metal, gold has been used for coinage, jewelry, and other arts throughout recorded history. In the past, a gold standard was often implemented as a monetary policy, but gold coins ceased to be minted as a circulating currency in the 1930s, and the world gold standard was abandoned for a fiat currency system after 1976. The California Gold Rush (18481855) began on January 24, 1848, when gold was found by James W.Marshall at Sutter's Mill in Coloma, California. The news of gold brought some 300,000 people to California from the rest of the United States and abroad.
The Gold Rush initiated the California Genocide, with 100,000 Native Californians dying between 1848 and 1868. By the time it ended, California had gone from a thinly populated ex-Mexican territory to the home state of the first nominee for the Republican Party. The effects of the Gold Rush were substantial. Whole indigenous societies were attacked and pushed off their lands by the gold-seekers, called "forty-niners" (referring to 1849).
Of the 300,000 people who came to America during the Gold Rush, approximately half arrived by sea and half came overland on the California Trail and the Gila River trail; forty-niners often faced substantial hardships on the trip. While most of the newly arrived were Americans, the Gold Rush attracted tens of thousands from Latin America, Europe, Australia, and China. Agriculture and ranching expanded throughout the state to meet the needs of the settlers. San Francisco grew from a small settlement of about 200 residents in 1846 to a boomtown of about 36,000 by 1852. Roads, churches, schools and other towns were built throughout California.
In 1849 a state constitution was written. The new constitution was adopted by referendum vote, and the future state's interim first governor and legislature were chosen.
In September, 1850, California became a state. At the beginning of the Gold Rush, there was no law regarding property rights in the goldfields and a system of "staking claims" was developed. Prospectors retrieved the gold from streams and riverbeds using simple techniques, such as panning.
Although the mining caused environmental harm, more sophisticated methods of gold recovery were developed and later adopted around the world. New methods of transportation developed as steamships came into regular service.
By 1869 railroads were built across the country from California to the eastern United States. At its peak, technological advances reached a point where significant financing was required, increasing the proportion of gold companies to individual miners. Gold worth tens of billions of today's dollars was recovered, which led to great wealth for a few. The item "Beautiful Natural Gold Nugget (3.41gm!) Reportedly bought in California" is in sale since Wednesday, September 20, 2017.
This item is in the category "Coins & Paper Money\Coins\ World\Gold". The seller is "coinworldtv" and is located in Europe. This item can be shipped worldwide.