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Story
March 13, 1961
The Nome Nugget
Nome, Nome County, Alaska
What is this article about?
Otto A. Nelson of Chitina, Alaska, deposits 26.5 pounds of gold dust in Seattle's National Bank of Commerce, the first such deposit in over 15 years, causing a flurry of commotion due to the rarity and lack of an immediate gold scale.
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OCR Quality
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Excellent
Full Text
Poke of Gold "Dust" Deposited in Bank Causes Flurry of Commotion
SEATTLE (AP) - Otto A. Nelson of Chitina, Alaska, stopped in at the main office of the National Bank of Commerce Friday to leave a poke of gold dust, first such deposit there in more than 15 years.
The occurrence was so unusual that a gold scale could not be found immediately to make an exact measure of the deposit. The gold weighed about 26 1/2 pounds.
Nelson, former postmaster in Chitina, operates a general store there. The community is in the heart of the old Alaska gold fields. He said he had collected the gold during several years.
The dust will be sent to the United States Mint Assay office in San Francisco, where it will be refined and its exact value determined.
In its unrefined state the dust now contains about 10 to 35 per cent silver. Pure gold is worth $35 an ounce.
SEATTLE (AP) - Otto A. Nelson of Chitina, Alaska, stopped in at the main office of the National Bank of Commerce Friday to leave a poke of gold dust, first such deposit there in more than 15 years.
The occurrence was so unusual that a gold scale could not be found immediately to make an exact measure of the deposit. The gold weighed about 26 1/2 pounds.
Nelson, former postmaster in Chitina, operates a general store there. The community is in the heart of the old Alaska gold fields. He said he had collected the gold during several years.
The dust will be sent to the United States Mint Assay office in San Francisco, where it will be refined and its exact value determined.
In its unrefined state the dust now contains about 10 to 35 per cent silver. Pure gold is worth $35 an ounce.
What sub-type of article is it?
Curiosity
Extraordinary Event
What themes does it cover?
Triumph
Exploration
What keywords are associated?
Gold Dust Deposit
Alaska Gold Fields
Bank Commotion
Chitina Storekeeper
What entities or persons were involved?
Otto A. Nelson
Where did it happen?
Seattle, Chitina, Alaska
Story Details
Key Persons
Otto A. Nelson
Location
Seattle, Chitina, Alaska
Event Date
Friday
Story Details
Otto A. Nelson deposits a poke of gold dust collected over several years from Alaska gold fields into a Seattle bank, marking the first such deposit in over 15 years and causing excitement due to the rarity.