Which Is More Valuable: Gold Nuggets or Gold Bars?
While gold is valued based on the market-determined price of refined raw gold, the form of your gold may increase in value beyond that price. Gold in the form of large nuggets or rare bars are more valuable than standard bars or small nuggets of gold.
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Gold Nuggets
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Gold nuggest can be found in glacier streams or even in quartz crystals. Gold nuggets are naturally occurring pieces of gold whose rarity increases drastically with size. Because of this rarity, gold nuggets always cost more than their gold content.
Gold Bars
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Gold bars come in a variety of shapes, including bars and coins. Gold bars are any cast or minted gold made by a recognized manufacturer. Different types of minted bars are available that vary in purity, but they are all generally valued at a premium lower than their pure gold content.
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Value Comparison
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While gold nuggets are generally more valuable than gold bars, particularly if they are large and rare nuggets, if your gold bar is a rare gold coin it could be worth more than a gold nugget. If, however, you own a standard gold bar, a gold nugget is more valuable.
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References
- Photo Credit gold image by Raimundas from Fotolia.com Gold Nugget image by roger from Fotolia.com lingots d'or image by dead_account from Fotolia.com