Live Market Charts - Gold Weights & Measures
The Claim Post... representing the finest in gold property listings.
High-grade gold mining properties for lease & for sale.
Liberty & Salmon River Mining Districts. Siskiyou County, CA
We are a small independent company with more than 40-years experience in the gold mining industry who have predominantly focused our attention and gold recovery labors in this region.
While taking in to account what has been documented by state and federal agencies, historians, geologists, scientists, & by way of our own experience, we believe this area represents an incredible opportunity for recovering mass quantities of gold within proven gold producing trends that boast phenomenal records of gold production history.
We invite you to consider the few mining properties we are offering for lease & for sale in this region.
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Some of our sample values - Salmon River flakes, fines & nuggets
Live Market Charts Gold Weights & Measures
8 hour (New York) $US Dollar
price per oz.
A pennyweight (ab. dwt.) is equal to 1.5552 grams. 24 grains
Historically, a penny's weight was literally (as well as monetarily) 1/240th of a troy pound of sterling silver. While "dwt" is the most common abbreviation for pennyweight (as "d" was the abbreviation for "penny" in the pre-decimalisation British system), some sources list "pwt" or "PW" as an alternative.
- Clean fine gold can be sold at 80-100% daily spot price prox. (depending upon the Buyer).
- Smaller to medium sized nuggets (apprx.1-pwt.) can be sold slightly over spot.
- Medium sized nuggets (1 - 5 pwt.) generally sell for 10% over spot.
- Half ounce nuggets or larger typically command 1 - 3 times spot.
Dollar values are conservatively figured at; $1,200.00 oz.
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