Gold21 Feb 2018 19:05
Today, Welsh gold is scarcer than it has ever been. When mining took place at the Clogau St. David�s Gold Mine in the late 1990s it used to cost over �1000 an ounce to extract.
With no gold mining taking place in Wales today, Welsh gold supplies may eventually run out, making it possibly the rarest gold in the world. Due to the scarcity of Welsh gold, only a small amount is included within each piece of Clogau. This ensures the longevity of Welsh gold supplies, and the affordability of Clogau�s jewellery.
Afon Mawddach near where the Clogau mine is situated
A piece of rock from the Clogau mine containing traces of Welsh gold
At present, Welsh gold can be valued up to 30 times more than standard world gold
On 28th November 2017, 10 lots of Clogau gold, mined under government lease between 1979 and 1981, were expected to fetch about �9,000.
But after going under the hammer at auction in Colwyn Bay, the lots went for �44,000, the auctioneer had been told by experts that Welsh gold was "visibly discernible" from other types and the "Clogau factor" could increase the selling amount.
The smallest nugget weighed 3g (0.1oz) had a guide price of �600-�700 but went for �4,000.
https://www.clogau.co.uk/aboutclogau/welshgold.aspx