The huge hunk of bullion went on public display Thursday, piquing the interest of hundreds who flocked to the show to get a peek.
"Nuggets like this don't come along every day," said David McCarthy, the nugget's appraiser. "I really didn't believe that I would see a California nugget of this size unearthed during my lifetime."McCarthy told the Chronicle that the buyer is "a prominent Bay Area collector" who specializes in historical items.
The seller also asked that the price be kept secret, he said. But he added: “We were asking for $400,000 and it obviously wasn't far from that.”
“We spoke to six different people who seemed to have legitimate interest and the wherewithal to purchase the item, but he was the first person to make an offer and he had the right price,” McCarthy said.
“But I can say he’s very pleased with the sale,” McCarthy said.
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