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.                                                     

1 Pennyweight Au $50.00

The Claim Post

1/4 oz Au  (5 pwt) $250.00 

1 oz Au  (20 pwt) $1,000.00 

• 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.
  

-Live Market Charts 

-Gold Weights & Measures

Live Market Charts

8 hour (New York) $US Dollar price per ounce

Dollar values are conservatively figured at;  $1,000.00 oz.

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2013. The Claim Post.  Introduction

High-grade gold mining properties for sale.

Liberty & Salmon River Mining Districts. Siskiyou County, California.

We are a small independent company with more than thirty years experience in the gold mining industry who have predominantly focused our attention and gold recovery labors in this region.

By way of our own experience, and while taking into account what has been documented by state and federal agencies, historians, geologists, scientists, and gold mining experts alike regarding this region, it is our opinion that this area represents an incredible opportunity to recover mass quantities of gold within proven gold producing trends which boast phenomenal records of gold production history.

We invite you to consider the mining properties we offer for sale in this region.

Contact Us

T: (303) 827-3311

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Mining Properties For Sale

An unprecedented collection of gold properties located on the historic billion dollar Black Bear & Eddy Gulch trends. 21-unpatented mining claims - 2,905 acres - Apprx. thirty mines encompassed within.

6 unpatented mining claims - approximately 920 contiguous acres. Considered the "best prospect in the district" by the California State Mining Bureau engineers.  A well identified resource for high-grade gold recovery.

8 hour (New York) $US Dollar price per ounce

Apprx. 50-acre unpatented mining claim located on massive low-pressure river gravel bars that are situated directly downriver from the confluence of the historically rich North and South Forks of the Salmon Rivers.