The Discovery
In 1989, a determined amateur prospector bought a basic metal detector from Radio Shack and ventured into Mexico’s Sonoran Desert.
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Despite the low odds of finding gold, he scanned the Gran Desierto de Altar, an area that was believed to contain gold nuggets buried in the earth. After days of searching, his persistence paid off with an extraordinary discovery.
Initial Findings
The prospector spent days unearthing only nails, bullets, and other metallic debris. However, one morning, his metal detector emitted a strong signal.
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Digging carefully, he unearthed a massive gold nugget, which kept growing larger as he continued to excavate. This find marked the beginning of a legendary tale in gold prospecting history.
Unearthing the Nugget
As he excavated the site, the prospector was astonished to find the nugget growing bigger with every scoop of sand.
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The final piece measured 10¾ inches high by 7¼ inches wide and weighed over 26 pounds. This monumental find was later named the Boot of Cortez due to its unique shape and significant size.
Composition and Size
The Boot of Cortez is composed of nearly 80% gold, with the remaining portion being a mix of silver and quartz. Its unique boot shape and impressive size make it a geological wonder.
Source: Gold Nugget Sales
Weighing 389.4 troy ounces, this nugget is not only massive but also exceptionally pure in its composition.
Naming the Nugget
The nugget was named after Hernán Cortés, the Spanish conquistador who played a key role in the conquest of the Aztec Empire in the 16th century.
Source: José Salomé Pina/Wikipedia
The name adds a layer of historical significance to the already remarkable nugget, linking it to the rich history of exploration and conquest in the Americas.
Initial Sale
After its discovery, the prospector sold the nugget to his boss for $30,000. Given its later value, this was a modest sum.
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This transaction marked the beginning of the Boot of Cortez’s journey through various owners, eventually becoming a highly sought-after piece for collectors and investors.
Auction Record
In 2008, the Boot of Cortez was auctioned for a staggering $1,553,500. Its historical and geological significance made it a prized possession.
Source: Wikimedia
This sale price reflects the nugget’s immense value and the fascination it holds for gold enthusiasts and collectors around the world.
Historical Context
Gold nuggets of various sizes have been discovered worldwide, but the Boot of Cortez stands out due to its size and the circumstances of its discovery by an amateur using a metal detector.
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Its story is a testament to the enduring allure of gold prospecting and the surprises it can yield.
Comparisons with Other Nuggets
The Welcome Stranger, found in Australia, is the largest alluvial gold nugget with a refined weight of 97.14 kilograms.
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The Boot of Cortez, however, remains the largest discovered by an amateur in the Western Hemisphere, surpassing the second-largest nugget from Alaska by nearly 100 ounces.
Preservation and Display
Unlike many gold nuggets that are melted down, the Boot of Cortez has been preserved in its original form.
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Its unique shape and size make it a valuable piece for exhibitions and educational purposes. The nugget’s preservation allows it to continue inspiring awe and curiosity in all who see it.
Legacy of the Boot of Cortez
The Boot of Cortez continues to captivate gold enthusiasts and historians alike. Its discovery story and impressive size make it a lasting symbol of the allure and adventure of gold prospecting.
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This legendary nugget serves as a reminder of the incredible finds still waiting to be discovered in the vast landscapes of the world.