National Geographic : 1951 Nov
© National Geographic Society + Rockhounds Pan Gold for Fun, Not for Profit Hopefully this man peers at gravel scooped from a stream bed in La Placerita Canyon, near Newhall, Cali fornia. With luck and a day's backbreaking work he will add a few bits of gold to his mineral collection. His method is still used by some prospectors. Ektachromes by Willard II. Culver + Pyrite, Almost Worthless, Rivals Gold in Glitter The crystal of "fool's gold" (left) from Elba contains about 12 cents' worth of iron and sulfur. Beside it stands the National Museum's 7-inch, 6-pound-plus California gold nugget, one of the largest ever preserved. Melted down, it would fetch about $2,500.