Of course, buying gold in nugget form is going to be different than buying it in other forms. It's essential that you educate yourself before you go out and try to find yourself a prospector.
The first thing you want to do is to find several mines that are close to you and that you can trust. Of course depending on where you live it's not always possible to find one close by, but if there are a few located together that would be ideal as you can visit them all at the same time.
Once you've determined several mines that you are interested in, see if they have a phone number or website. If so, it will be an easy matter to uncover if they sell gold directly to people.
Next, you will have to decide which nugget you want. Since each nugget is unique there is no uniformity in pricing. In most cases the bigger the nugget the higher the price. Since it's not common to have a large, intact nugget you will have to pay more ... no volume discounts here.
Nuggets may not be all gold, they could be made up of other rocks and dirt. So for you to determine how much actual gold is in the nugget, you'll have to perform a gravity test. This is a simple test to ensure that you don't get taken by unscrupulous people.
I won't get into the exact method for determining the specific gravity within this article, but it's fairly simple and you can find resources online that will show you how to do it. All you will need is a simple mathematical calculation, and a glass of water and string.
Once you know the actual amount of gold in the nugget you can judge whether or not the seller is asking a reasonable price.
In order to find out how reputable a certain mine is, you can often go online to various forums that supply those who invest in gold nuggets and ask around. If someone has had a bad experience they are usually very willing to tell everyone about it.
Sometimes it's not quite so easy to hear about the good places though, so keep that in mind. If you want to find the good places it may require doing a little more digging and asking more questions.
Perhaps the coolest way to invest in gold is with a gold nugget investing mine that you can purchase from directly. This is just a fun way to go about it. And if you have kids they may enjoy getting into investing as well. Granted you still need to wisen up so you don't get taken, but it is a fun way to invest.
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