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Bids start at £1,300

Public offered chance to own a piece of Scottish gold

scotgold-first-roundsScottish gold miner Scotgold Resources is offering the public the chance to own the first commercial gold mined in the country.

The company will release a limited edition of 12 gold rounds – ten for public sale –  which will be made from metal mined at the Cononish site at Tyndrum near Loch Lomond.

One of the 1oz rounds will be presented to the Hunterian Museum, Glasgow. This round will bear the serial number 12 while serial number 11 is reserved for corporate purposes.

Each gold round, minted by Baird & Co Bullion Merchants, is stamped with a unique serial number and features the official registered Scottish gold mark of the stag’s head and a certificate of authenticity from the Edinburgh Assay Office.

Sealed bids starting at £1,300 are being overseen by Scottish accountants Scott-Moncrieff until 28 November.

The successful bidders will be announced by Scotgold’s chairman and major shareholder, Nat le Roux after the AGM at the New Library, The Royal College of Physicians, Edinburgh on 29 November.

The mine is the first commercial gold mine in Scotland and will recover an average of 23,000oz of the precious metal over its planned eight year mine life.

The creation of the first commercial Scottish gold mine began three decades ago and is located in what is now the Loch Lomond and Trossachs National Park.

It uses clean, modern methods to recover gold and the company says clear streams and rivers of the Highlands remain uncontaminated.

The preservation of the natural surroundings, vegetation and wildlife are core values.

 

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