More on the American Gold Rush & James Marshall

By 1852, California’s annual gold production reached a high of $81 million.  By 1853, the total take was $67 million, and although no one wanted to admit it, the hottest story in the Old West had already peaked.  In 1854, a 195-pound mass of gold, the largest known to have been discovered in California, was found at Carson Hill in Calaveras County.  In 1859, the famous 54-pound Willard nugget was found at Magalia in Butte County.  But for the most part, the rich surface placers were largely exhausted by 1855, and river mining accounted for much of the state’s output until the early 1860s.  From the first strike of 1848 through 1855, the total amount of gold taken from the mother lode was right around $350 million.  As for the first person involved in the discovery, he did not live happily ever after.  After his monumental discovery, Marshall claimed a major chunk of Coloma Valley, but the area was quickly overrun by at least 4,000 would-be gold miners.  Marshall found work as a prospector, but he was often hounded by gold rush groupies, men who believed if they stayed close to him he might find some more gold.  He continued to be an inactive partner at Sutter’s sawmill until legal difficulties closed it in 1850.  In 1857, Marshall returned to Coloma and bought 15 acres of land for $15.  He planted a vineyard, dug a cellar, and began bottling California wine.  He won a few prizes for his port at county fairs, but taxes and competition found him on the prospecting trail again in the late 1860s.  He hit the lecture circuit, but ended up broke in Kansas City.  The California legislature took pity on him and passed a $200 a month pension for the discovery of gold in 1872, and then cut it in half the following year.  Marshall died forgotten in 1885 and was buried on a hill in Coloma overlooking the gold discovery site.  Five years later, a statue was commissioned and placed on his gravesite.