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Hi Guys

Was browsing through some websites and came across this. Amazing nugget and yet I don't think I've ever seen this one before. Note it was found in 1989 with a metal detector in Dolan Springs, Az... I wonder what he was using. Quite a find. If I had the money, I would buy it. :rolleyes:

http://fineart.ha.co...068&lotNo=49046

NICE NUGGET!!

The discription says he was using a "gold bug"....

"GOLD IN QUARTZ

Dolan Springs, Mohave Co., Arizona, USA

It's the middle of winter in 1989 and Bud Guthrie was getting tired of freezing down in the Arizona canyon bottom east of the Colorado River, waving his "gold bug" metal detector like a scythe over the rocky ground and finding ... an occasional spent bullet. The south side of a nearby hill seemed to be getting a little more of the weak sunshine and might be just a tad warmer. Clambering up the hillside, he swept the open areas between the desert scrub bushes and was rewarded with a beep from his detector. Could be a can lid, could be another bullet. Whatever it was, the only way to find out was to dig. He started working carefully down through the mingled rocks, gravel, and soil next to a bush: six inches down - nothing. He ran his detector over the hole - still getting a signal. Digging down a foot - still nothing. He repeats the sweep - still getting a signal: this is starting to get puzzling - back to digging. Now Bud's down around 16 inches and suddenly runs into something solid. He peers down into the hole, brushes away some loose dirt covering the object and spots the first gleam. By God! It IS Gold! Looking to find the extent of the chunk, Bud alternates between digging, scraping and brushing, until he locates the edges of the thing. He finally succeeds in loosening the mass and pulls it free. This is BIG!! And damned heavy too! There's Gold showing all over - no wonder he was getting a signal from over a foot down. Now he's got something to take home to the folks in Helena, Montana.

Bud Guthrie never found another nugget quite like 'Fred': his name for this 70+ ounce monster of a nugget. After being reassured that it would be safe from "unauthorized withdrawal", Bud allowed it to be placed on display at a local bank in Helena, where it remained on exhibit for a number of years. Since its discovery, the big nugget has graced the covers of numerous magazines, copies of which are included with the lot. The present owner acquired it and decided, based on the serious weight of the nugget (estimated at 60+ ounces of contained Gold), that it would be a good idea if some of the gray-white Quartz mixed in with the massive gold was removed to make the Gold more visible. This task was entrusted to a professional preparator who seriously improved its visual impact. Before and after photos are included in the accompanying data package. The Gold has been exposed so that the specimen can be viewed from 360 degrees. With the Quartz removed, a large quantity of the rich high karat gold is clearly visible. The Gold is semi-crystalline with a strong sculptural quality.

As an extremely large Arizona Gold, with documented provenance, it was invited to be a showpiece at the special Arizona Centennial exhibit at the world famous Tucson Gem & Mineral Show. The Copper medallion that was awarded documents its participation. Overall measurements are 5½ x 3½ x 3 inches (14 x 9 x 7.6 cm), overall weight is 70.5 ounces troy, and it has a custom labeled base. It is in excellent condition."

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Naw, not going senile...

Back in those days, the said Gold Bug used to find this nice nugget, was likely the original 19 kHz model, with a 10 inch coil, which were deeper seeking than the later Gold Bug II, @ 71 kHz, which I believe showed up in the early '90's, when I bought the Gold Bug II I have, with both the 6 and 10 inch coils.

Purely speculation on my part, however..

~LARGO~

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Yes Bud found that using the Gold Bug 2 not to far from the King Tut mine a ittle over 5 troy pounds. It has been on display at the Federal Reserve bank in Helena for quit a few years. Bud owns the Prospector shop just West of Helena, MT. There is quit a gold display at that Bank and another in a bank on Last Chance Gulch. Worth the stop

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Beautiful all rough nasty and gnarly lookn'. Too bad didn't sell but that reserve price is funny though??? tons a au 2 u 2 -John

John, the auction isn't over yet, just internet bidding ended on Saturday, main live auction is today Sunday at 1:00 EST.

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That's why the name sounds so familiar. I was on a biz trip to the Helena area a couple years ago and went to a prospecting shop I saw online. I either met or spoke about Bud. Never knew of the bank display or I would have gone. Dangit!

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John, the auction isn't over yet, just internet bidding ended on Saturday, main live auction is today Sunday at 1:00 EST.

Looks like the bidding didn't reach the reserve price. I could buy it now for $296,500.00 but I'd have to sell my Lamborghini. :rolleyes: :hahaha:

Steve

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Hope it sells for a big price. When I wrote the "Treasure" magazine article on "Fred," Bud and I felt that it was then worth $75,000.00. Thus the cover page blurb of "$75,000 Rock Found." Today, if the auction bidding heats up, it migght fetch $325K. Hope so! HH Jim

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Found in King Tut area, not Dolan Springs, no gold there !!!

Dave not arguing where it was found because I don't know I wasn't there to witness it.

BUT Dolan Springs does have gold. I know that. I sold a lil guy drywasher to a young fellow and ran into him about 6 or 8 months later and he proceeded to tell me a story and thank me for building him a lil guy. He said he got a bit under an ounce from a wash in his grandmothers property there. Believe it or not thats what I was told.

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